Owning a Name: Understanding Copyright, Trademark, and LLC

How do you own a name?
Registering a trademark for a company name is pretty straightforward. Many businesses can file an application online in less than 90 minutes, without a lawyer’s help. The simplest way to register is on the U.S. Patent and Trademark Office’s Web site, www.uspto.gov.
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Owning a name is essential in today’s world for building a brand identification and safeguarding intellectual property. However, the method for acquiring a name might be perplexing due to the numerous legal jargon and formalities involved. The purpose of this essay is to make clear the distinctions between copyright, trademark, and LLC and how they apply to name ownership.

Do you trademark or copyright a logo?

A logo is a graphic that represents a company, and it can be either copyrighted or trademarked. Original works of authorship, such as artwork and graphic designs, are protected by copyright. Therefore, if a logo is original and innovative, it might be protected to prevent unauthorized use or duplication. On the other hand, a trademark covers any words, expressions, pictures, or other visual representations that identify the provider of a good or service. In order to prohibit others from using or imitating a logo in a way that confuses consumers or dilutes the brand, it can be trademarked if it is utilized to identify and distinguish a company.

What Sets an LLC Apart from a Trademark?

Limited Liability Company, or LLC, is a business form that combines the tax advantages of a partnership with the liability protection of a corporation. Since LLCs are a type of legal company that offers business owners security for their personal assets, they are not directly tied to trademarks. On the other hand, a trademark is a type of intellectual property protection that is especially used to protect brand names, logos, and other identifiers. In light of this, even though an LLC may possess a trademark, they are not the same thing.

Is Patent More Expensive Than Trademark?

While both trademarks and patents serve as legal safeguards for intellectual property, their functions and costs differ. The purpose of a trademark is to guard against competitors utilizing identical names, logos, or designs that could confuse consumers or dilute the brand’s identity. Depending on the filing basis, trademark registration costs per class of products or services can range from $225 to $400. On the other hand, patents, which can be quite expensive to obtain, are meant to protect inventions or discoveries. Depending on the type of patent and the intricacy of the invention, patent fees can be as high as $15,000 or more.

What Is the Price to Copyright a Logo?

The cost to register a logo’s copyright can change based on how it’s filed and how many works are included. Regardless of the quantity of works, the standard filing price for electronic registration is $65 per application as of 2021. However, additional charges can be necessary if the logo is a component of a larger piece or collection. It’s vital to remember that copyright ownership does not require copyright registration because an original work’s creator immediately receives a copyright. Registration, however, may offer other legal advantages, such as the capacity to file a copyright infringement lawsuit and demand statutory damages.

In conclusion, being the owner of a name necessitates being aware of the copyright, trademark, and LLC legal rights. Even if they are various ideas, they are all crucial for creating and safeguarding a brand identity. Business owners may make educated choices about how to protect their intellectual property and stay out of legal trouble by being aware of the distinctions between each option and the costs involved.