Article 96 of Act 35 of 1996 states that of entitlement to registration for use, but the right to exclusive use on the market, the distinctive sign, is acquired only by registration.

The registration allows the defense of the exclusive right to the identity of the product, the mark that identifies the product on the market and what other products individually. Brands are intangible assets that have an equal or greater importance, in some cases, the product itself that helps to identify. Trade mark registration permits, among other things, that a company can effectively fight unfair competition and trademark counterfeiting.

Requirements for registering a trademark:

1. Able to counsel, including, in the case of legal persons, or a notarized certification statement about its existence and legal representation or, alternatively, a certificate issued by competent authority of the constitution (according to model of power that is attached ). For legal persons incorporated in Panama, this certification will be issued by the Public Registry.
2. Six (6) label, design or drawing of the mark (up to 10cms. Wide).
3. Description of the brand, including:

Name, nationality, domicile necessary number of personal identity of the applicant or his name, place of incorporation and must address if the applicant is a legal person;
Name and / or design of the mark as is used in the market;
Specification of goods or services which the trademark is or will be used;

Date when you began to use the mark, if registration is sought based on use and to determine the priority of the right.

Claiming a right of priority, if any, according to the Paris Convention, indicating the country of origin or office in which the application has been filed priority filing date and the number assigned to it, which may be checked submitting a certified copy of the Registration Priority country of origin of the request, where such registration is pending.

A registration can be made also through INFORMAL MANAGEMENT, indicating a deposit of USD 100.00, which will be returned to provide the documents within two months, extendable for a further month for cause.

If documents are not submitted within this period, the deposit paid to the National Treasury, will refuse the request and ordered the file of the file.