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TRADEMARK/SERVICE
MARK RENEWALS:
In
order to obtain the renewal of a trademark or
service mark, a petition must be filed before
the Trademark Office within a year before the
expiration date of the registration, along with
the following document:
A
Power of Attorney executed by the
proprietor attested by a Notary Public, duly legalized
by a Consul of Panama or by the Seal of Apostille.
There
is a grace period of six (6) months after the
expiration date of the registration, to request
the renewal of the mark by paying an additional
late fee of US$ 10.00 per month. During this grace
period, the registration will maintain its full
validity.
Use requirements for trademarks/service
marks
Our Trademark Law does not provide a term to prove
use after registration, however, the lack of use
of a trademark for more than five consecutive
years from the date of registration shall end
in cancellation of the registration. Said cancellation
may be requested by any person who considers to
have the right to do so, in accordance with the
procedure established for claims of opposition.
It is important to mention that the concept of
use, includes use in international and domestic
commerce.
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