Puerto Rico Intellectual Property Rights Assignment
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How to fill out Intellectual Property Rights Assignment?
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FAQ
A Puerto Rico DBA, also referred to as a trade name, is an alternative name that your business can use in place of its legal business name. All types of businesses are able to get a DBA, including Puerto Rico sole proprietors, general partnerships, LLCs, and corporations. A DBA is just like your legal business name.
A trade name is a name under which a person transacts business, other than one's legal name (personal name) or a registered corporate name, general or limited partnership name, limited liability company name or limited liability partnership name.
Trade names are the official names under which companies do business, and they are used to identify companies, businesses, or partnerships, not goods or services. They are also known as ?fictitious names? or ?assumed names.?
To register an assumed business name in Puerto Rico, you must file a Trade Name Application with the Department of State and pay the $150 fee. Learn more about how to get a trade name in Puerto Rico.
As we know, Puerto Rico is a commonwealth territory governed by the United States. If a trademark applicant plans to do business in Puerto Rico, the safest bet is to register the mark with both the United States Patent and Trademark Office (USPTO) and the State Department of Puerto Rico.
The law protects famous marks even if they are not in use in Puerto Rico by prohibiting the registration of confusingly similar marks and by protecting them against the likelihood of dilution of their distinctive qualities as a result of the unauthorized use of such marks in Puerto Rico.
To obtain a patent in the U.S., the inventor must file a patent application with the United States Patent and Trademark Office (USPTO), which includes (1) a written document comprising a description and claims, (2) drawings when necessary, (3) an oath or declaration, and (4) filing, search, and examination fees.
A trade name is also called a DBA (doing business as) name. A good example of this is Walmart. Walmart's legal business name is Wal-Mart Inc. but its trade name is just Walmart?that's the name it uses on its advertising and website, and what most people refer to it as.