Breaking news – Brazil is on the way to access the Madrid Protocol

brazil-3001462_960_720.pngMarques Class 46 reports about the forthcoming accession of Brazil to the Madrid Protocol for international registration of trademarks. The bill for that purpose has already been approved by the Parliament. Now The Brazilian President Jair Bolsonaro is expected to sign it in order Brazil to access the Madrid System.

This is a huge step for the country when it comes to trademark registration and it is a significant convenience for all companies that have an interest in the local market. The reason is that through Madrid Protocol you can register a trademark for Brazil easier and cheaper. Brazil is one of the few big economies that haven’t been part of the Madrid system so far. Fortunately, this will be changed as it is in the case of Canada too.

For more information here.

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