Today is the day of change!

Today being the 23rd March 2016 marks the day in which there is complete change in the EU.

The system as it has been for the last however many years is all set to change starting from today.

As part of the EU Trade mark package which includes a new trade mark directive, a number of changes were agreed.

The hub of trade mark applications and matters was before known as the Office of Harmonisation in the Internal Market, referenced as OHIM. This will now be known as the European Union Intellectual Property Office. The duties of the body will remain the same, it will now just be known by a different title.

Also what used to be a Community Trade Mark that you could register to gain protection for your mark in the 28 member states will now be known as a European Union trade mark. There has also been a change to the fees payable when you are looking to submit an application for EU wide protection. Not only will the fees for a new application fall but the renewal fees will also be greatly reduced from €1350 to €850.

This is a welcomed renewal of trade mark law in the EU and will have an impact on how things develop in the future.

Follow Lawdit’s blog for further changes due to come into effect late next year.

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