Bangladesh Regulation

Trade name is an important factor in Industrial Property Rights. The theme of Trade Marks originated from Trade Name. In modern meaning Trade Name is the word which the Company uses to name itself. It is actually the Trade Name that makes a Company known to the world. The goodwill of a Trade Name actually provides the information about the standard, quality and popularity that a Company Product actually has. So it is obvious that some people would like to trade upon on the goodwill of popular Trade Names which initiates the necessity of protecting Trade Names.

The Laws & Conventions

At present the laws of Bangladesh do not have sufficient provisions for the Protection of Trade Names. Though, being a developing country, Bangladesh is a member to the Paris Convention which implies that Trade Names do not require to be registered for protection, Paris Convention is not strictly followed by the Bangladesh Administration since, the same has not been ratified in the Parliament. Further at present service marks are not registrable yet and it worsens the situation further.

Scopes of dispute

Since Bangladesh does not has sufficient laws to protect Trade Names, a big number of communities are infringing and passing off big Trade Names to facilitate their profit by way of trading upon the reputed Trade Names which constrains big corporate that does not has a corporate existence in Bangladesh to think off it. As example we can say of MagDonalds Pvt. Ltd. in Bangladesh which seems to facilitate themselves from the Trade Name of McDonalds International.  

DoulahIP

At DoulahIP to prevent such abuse we have advised our clients to follow the functional most basic principle . Establish a sleeping inactive  company.

Eligibility

To establish a Company an intention of doing business in Bangladesh is enough.