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There are many aspects to consider when comparing different countries where you can set up your business. Although it highly depends on the company structure and business activities, each country has its own procedures and requirements that can facilitate or, on the contrary, complicate the operation of your company. These aspects can be related to the tax policy, hiring of employees and even the political stability of the country. Equally important is the process of incorporation of the company. Each country has its own process, timeline and requirements to follow when starting a business and often these processes indicate the level of bureaucracy and business environment in that jurisdiction.
Various jurisdictions offer the opportunity to go through the company formation process online, which means it takes less time and effort and the entrepreneur is able to set up his or her business from anywhere in the world without leaving their home or office . This is beneficial for the entrepreneur as the incorporation process usually takes less time and the company can start operating sooner. It also points out that the jurisdiction has advanced information systems and other government services are most likely available online as well.
South Africa
South Africa is one of the jurisdictions where you can register your company online in a few simple steps:
Select your preferred type of company and fill out the relevant application form online. You will then receive a confirmation email with a payment reference number.
The first available company name will be reserved with the Companies Commission and the application for incorporation with the reserved name and other documents will be filed for registration.
You will receive a company registration certificate COR14.3 with company tax number by email. You will also receive an email with links to download your company registration documents.
With your COR14.3 company registration certificate, you can open a business account and also apply for a tax clearance certificate and/or an affidavit.
Australia
Australia also offers to register your company online. This is currently a beta service and is still under development, but it is already possible to integrate your business online. The online business registration service is currently available for new businesses starting as a joint venture, sole proprietorship, trust, company or partnership who can apply for a company name, ABN (Australian Business Number) and business and tax registrations. Pension funds can also use this online service in the future. This service is also available to existing companies with an ABN and can apply for tax registration or an AUSkey login. The Australian online business registration service is organized in three easy steps:
Complete an online application and select an available company name. The company name search engine is available online for free.
Complete a registration fee and file the incorporation application with ASIC (Australian Securities and Investments Commission) and you will receive an email confirming your filing.
You will receive an ACN and ASIC certificate by email within 2 minutes along with the company register and tax receipt. If you have also requested an ABN, you will receive this via email within 1 hour during business hours. If domain names have been ordered, they will be registered immediately. With these documents you can open a bank account.
Other jurisdictions
offer company formation online. For example, if your company is limited to shares and has standard articles of incorporation, it can be registered in the UK in 24 hours for £12 (compared to 8-10 days and £40 if applying by post).
Bookkeeping is an essential part of the finance profession. It is also an essential part of all accounting systems. The main purpose of accounting and its main function is a systematic recording and recording of financial transactions.
Typically, accounting refers to a process of measuring, recording, and identifying important economic information used in connection with an organization or other commercial and non-commercial formation to enable users of the information to make informed judgments.
Goal of efficient accounting
Accounting helps in the preparation of financial statements and financial data in general. It includes the record keeping aspect of bookkeeping; Therefore, accounting principles can also be applied to bookkeeping. Often information relating to the financial condition of the company is presented on a balance sheet and information about operating results is presented on an income statement. In addition, some data relating to a company's liquidity and changes in the company's financial structure are usually reviewed in a statement of changes in financial condition. Financial statements are needed to provide information about the company's past performance that provides a way to forecast what might happen to that company in the future.
All of a company's financial data provide the accounting input. These can be salary cards, reports as well as special journals such as sales journal or purchase journal, cash book, bank checks and invoices, where each recorded information or what it is called – transaction is identified in two aspects or dimensions – debit and credit aspect.
Accountants, auditors and accounting associations
Usually there is a specific person who manages the accounting in a company. He or she may be professionally referred to as an accountant or accountant. An accountant prepares certain adjustments to record events that are considered transactions already completed related to the company's income, expenses, wages of employees, etc.
The Accountant position requires an individual able to process financial documents and reports, payroll including taxes and garnishments, process accounts payable, as well as maintain day-to-day banking activities and assist with bank reconciliations while working within the realm of a basic system of Double-entry bookkeeping was invented more than five hundred years ago by a Cistercian monk named Luca Pacioli. All accountants must have the core skills of accounting to be able to work in this professional field.
There are specific accounting associations that aim to provide support and standards for those working in the accounting industry. In the United States, there are several professional organizations that maintain, develop, and ensure information about accounting standards, such as the National Bookkeepers Association, the National Association of Certified Public Bookkeepers, the American Institute of Professional Bookkeepers, and an Institute of Certified Bookkeepers (ICB). ICB can look back on more than 20 years of professional experience. It was established to raise and raise the standards of accounting around the world.
The logistics performance index of Estonia is 3.35. It indicates satisfactory performance - in general, traffic is handled well, some shortcomings in certain areas are possible, but overall the logistics system is reliable and ready to handle predictable traffic volumes.
Customs performance is rated at 3.4. This indicates satisfactory performance - the customs clearance procedure is generally effective, although a long time can occasionally be a problem; the customs system certainly does not discourage international business activities; required documents and fees are generally publicly available.
The infrastructure quality in Estonia is rated at 3.34. It indicates satisfactory quality - roads, railways, ports and other facilities are capable of handling significant traffic at all times, and are also suitable for various types of transport vehicles and ships.
International shipping quality is 3.34. It indicates satisfactory performance - the services are reasonable and the prices are not too high and usually correspond exactly to the quality, although there is still room for improvement.
The competence of logistics service providers is rated at 3.27. The providers are competent - they ensure a good quality of their services and almost always maintain this level; Deficiencies, while still possible, are usually minor and do not discourage further use by providers.
Shipment tracking options are rated at 3.2. It indicates satisfactory performance - the tracking systems provide all the basic information, as well as additional data about shipments; Mostly it also has a well-established cooperation with foreign and international tracking systems and usually offers information in several languages.
Tracking options for shipments are rated at 3.55. This indicates satisfactory performance - most shipments arrive on time and within scheduled time frames; late arrivals are still possible, albeit uncommon.
In Estonia, 100% of the population has access to electricity. Estonia has 18 airports nationwide. There are 865,494 internet hosts in Estonia. The number of road motor vehicles per 1000 inhabitants in Estonia is 45.
Road network
The total length of roads in Estonia is 58,412 km (36,303 miles). Of these, 115 km (71 miles) of roads are classified as freeways, dual carriageways, or freeways.
Gas price
On average, one liter of petrol costs USD 1.46 in Estonia. A liter of diesel would cost $1.1.
The total population of Argentina is 44,688,864 people. The people of Argentina speak the Spanish language. Argentina's linguistic diversity is vaguely diverse according to a fractionation scale, which is 0.0618 for Argentina. The average age is around 31.2 years. Life expectancy in Argentina is 76.01. The female fertility rate in Argentina is 2.2. About 30% of Argentina's population is obese. Ethnic diversity is diverse according to a fractionation scale, which for Argentina is 0.255. Details of the language, religion, age, gender distribution and advancement of the people of Argentina can be found in the sections below, as well as the section on education in the country.
Population
In Argentina, the population density is 14.4 people per square kilometer (37 per square mile). Based on these statistics, this country is considered sparsely populated. The total population of Argentina is 44,688,864 people. Argentina has approximately 2,086,302 foreign immigrants. Immigrants in Argentina make up 0.8 percent of the total number of immigrants worldwide. Immigrants in Argentina make up 4.6 percent of the total number of immigrants worldwide. Argentina's ethnic diversity is diverse according to a fractionation scale based on ethnicity. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Argentina is 0.255. This means that there is some diversity in Argentina, although all people can still be divided into a relatively small number of major ethnic groups. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read Argentina's average age and gender distribution statistics at different ages below.
Age
The average age is around 31.2 years. The median age for men is 30.1 years, while the median age for women is 32.3 years.
Gender
The sex ratio, or number of males per female (estimated at birth), is 1.052. It can be further broken down into the following categories: sex ratio under 15 - 1.05; sex ratio from 15 to 64 - 1; sex ratio over 64 - 0.7; Overall sex ratio - 0.97. The overall sex ratio differs from the sex ratio estimated at birth. This is because some newborns are included in the sex ratio estimated at birth, but die within the first few weeks of life and are not included in the overall sex ratio.
Religion
Argentina's majority religion is Christianity, whose adherents make up 85.2% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the largest religion in the world with over 2.4 billion followers known as Christians. Christians believe that Jesus is the Son of God and the Savior of mankind, whose coming as Christ or Messiah was prophesied in the Old Testament. Besides Christianity, there are several other religions in the country. Other religions in Argentina are Islam, Buddhism, folk religions, Judaism. Argentina's religious diversity is vaguely diverse according to a fractionation scale based on the number of religions in Argentina. The index of religious fractionation in Argentina is 0.2236. This score means that within the country there is a major belief with a few other subordinate beliefs.
General development
Argentina is considered a developing country. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, Argentina may not be able to provide consistent social services to its citizens. These social services can
The Republic of Singapore, or simply Singapore, is a sovereign city-state in Southeast Asia. Singapore is a global hub for finance, trade and transportation with numerous rankings, such as: The country has also been recognized as a tax haven.
Singapore has the fifth highest human development index of the United Nations, the third highest GDP per capita; It is also of high priority in the areas of health, education, life expectancy, personal safety, quality of life and housing. There are four official languages: English, Malay, Mandarin and Tamil.
Business overview in Singapore
Singapore is recognized by the rest of the world as a top business destination for a number of reasons. With the help of various policies and reforms, the government has managed to turn Singapore into a perfect business environment. Because of the appropriate environment, Singapore offers ample opportunity for businesses to grow and thrive over time. This is just one of the reasons why much of the city's businesses are owned by foreign entrepreneurs. Business people from all over the world are attracted by the sophisticated infrastructure and extremely advantageous geographic location.
As the most technology-ready nation in the world, Singapore's openness to communication and information technologies has contributed to the country's economic success. In addition, an advanced seaport, along with international and domestic transportation services, enables entrepreneurs to use the land as a center of trade and commercialization. Singapore's global connectivity along with trade links has enabled investors and entrepreneurs to tap into the Asia-Pacific region as one of the fastest growing regions in the world.
The city-state continues to enjoy a high reputation as an economy with a triple-A rating and strong growth potential.
Industry sectors
Because of its business-friendly environment, there are numerous industries that have flourished over the years. Below is an overview of some industries which, among other things, offer various business opportunities for foreign and local entrepreneurs.
Oil Refining - Singapore is the third largest oil refining and trading center and the largest oil rig producer in the world. Singapore is also a major hub for ship repair services. Refined petroleum is one of the most important export products.
Banking Sector - With over 200 banks operating in Singapore and an increasing number of banking institutions establishing their operational headquarters to service the Group's regional activities, the banking sector is a particularly profitable area for the country. Not only does the banking sector provide jobs and profits for the country, its liquid capital market is also an important source of finance for Singapore's growth and development.
Information Technology - Singapore was among those countries that have managed to catch the emerging trend of IT companies and their economic success, so Singapore took the opportunity to invest in this then new sector. In addition, the highly skilled employees with impressive IT skills have helped this sector grow and prosper.
Telecommunications Industry - deals with the provision and improvement of mobile services, internet connectivity services and other technologies in Southeast Asia. Such services are in high demand due to the growing number of businesses and residents in Singapore.
Travel and Tourism - Over the years, the number of tourists visiting Singapore has increased and it is still becoming an increasingly popular travel destination. Due to its favorable geographical location, beautiful nature and culture, as well as numerous international and national means of transport, Singapore attracts more tourists every year, which in turn leads to an increasing demand for tourist services and businesses.
Food and Drink - Due to the large number of overseas visitors, as well as people who have chosen to live in Singapore, the nation's culture is quite diverse and complex. The diverse preferences of these people have resulted in increased demand for a wide variety of kitchens and the business opportunities in the sector.
Hospitality Industry - The hospitality industry is supported by the government, particularly the establishment of resorts and hotels, as well as small businesses such as inns, guest houses and hostels, due to the increasing interest of tourists. While Singapore is very open to a variety of business opportunities, those that help maximize tourist numbers are particularly welcomed by the government.
Retail Fashion and Stores - Singapore residents are very interested in fashion and keeping up with the latest fashion trends is an important issue in their lives.
Beauty Salons and Spas - while Singapore is often viewed as a highly productive place to work, everyone needs to relax and rejuvenate every now and then. Despite the vibrant nature of Singapore's residents, a large proportion of them have made sure that they visit a beauty salon or spa on a weekly basis.
Education - Entrepreneurs' capital also welcomes various educational institutions. Education, which usually takes the form of private courses in certain sectors, is particularly popular with young entrepreneurs. Because of this, education has become one of the most successful companies today.
This overview of the potential business sectors in Singapore is certainly not exhaustive and there are numerous other sectors that provide business opportunities for overseas and local entrepreneurs.
https://www.confiduss.com/en/jurisdictions/singapore/business/
The total population of Slovakia is 5,449,816 people. People in Slovakia speak the Slovak language. The linguistic diversity of Slovakia is diverse according to a fractionation scale, which is 0.2551 for Slovakia. The average age is about 39.2 years. Life expectancy in Slovakia is 76. Female fertility rate in Slovakia is 1.4. About 25% of the population of Slovakia is obese. Ethnic diversity is diverse according to a fractionation scale, which for Slovakia is 0.2539. Details of the language, religion, age, gender distribution and advancement of the people of Slovakia can be found in the sections below, as well as the section on education in the country.
Population
In Slovakia, the population density is 110 people per square kilometer (286 per square mile). Based on these statistics, this country is considered densely populated. The total population of Slovakia is 5,449,816 people. Slovakia has approximately 177,190 foreign immigrants. Immigrants in Slovakia make up 0 percent of the total number of immigrants worldwide. The ethnic diversity of Slovakia is diverse according to a fractionation scale based on ethnicity. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Slovakia is 0.2539. This means that there is some diversity in Slovakia, although all people can still be divided into a relatively small number of major ethnic groups. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Below are statistics of Slovakia on median age and gender distribution in different age groups.
AgeThe median age is approximately 39.2 years. The median age for men is 37.5, while the median age for women is 41.
GenderThe sex ratio, or the number of males for each female (estimated at birth), is 1.05. It can be further divided into the following categories: sex ratio under 15 - 1.05; sex ratio from 15 to 64 - 0.99; sex ratio over 64 - 0.6; total sex ratio - 0.94. Total sex ratio is different from sex ratio estimated at birth. This is due to the fact that some newborns are considered in the sex ratio estimated at birth but pass away within the first weeks of their life and are not included in the total sex ratio.
ReligionThe majority religion of Slovakia is Christianity, the followers of which comprise 85.3% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the world's largest religion, with over 2.4 billion adherents, known as Christians. Christians believe that Jesus is the Son of God and the savior of humanity whose coming as Christ or the Messiah was prophesied in the Old Testament. Besides Christianity, there are several other religions present within the country. Other religions in Slovakia are Buddhism, folk religions. The religious diversity of Slovakia is rather diverse according to a fractionalization scale based on the number of religions in Slovakia. The index of religious fractionalization in Slovakia is 0.5655. This score means that there are several major religions distributed evenly within Slovakia.
General developmentSlovakia is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. As a developed nation, Slovakia is able to provide its citizens with social services like public education, healthcare, and law enforcement. Citizens of developed nations enjoy a high standard of living and longer life expectancies than citizens of developing nations. In Slovakia, 80 in every 100 people use internet. Slovakia has a Human Development Index (HDI) of 0.83. Slovakia has a high HDI score. This indicates that the majority of citizens will be able to attain a desirable life while providing substantial aid and assistance to citizens with lower living standards. The migration rate in Slovakia is 0.04%. In Slovakia, 12.3% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Slovakia is low, indicating that it has a stable economy. Investors should consider Slovakia to be a safe location for investments and other financial ventures.
Bermuda is considered a developed nation. A nation's level of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developed nation, Bermuda is able to provide its citizens with social services such as public education, health care, and law enforcement. Citizens of developed countries enjoy a high standard of living and longer life expectancies than citizens of developing countries. Each year, Bermuda exports about US$0.01 billion and imports about US$0.93 billion. 7% of the country's population is unemployed. The total number of unemployed in Bermuda is 4,275. In Bermuda, 11% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Bermuda is low, indicating that there is a stable economy. Investors should consider Bermuda a safe haven for investment and other financial ventures. The country's Gini index is 63. Bermuda suffers from severe inequality. The gap between the richest and poorest citizens in this country is quite obvious and highly significant, resulting in dramatically different living standards for rich and poor citizens.
Currency
The currency of Bermuda is the Bermuda Dollar. The plural form of the word Bermuda dollar is dollars. The symbol used for this currency is $ and is abbreviated as BMD. The Bermuda Dollar is divided into cents; there are 100 in a dollar.
Credit rating
According to credit rating agency S&P, Bermuda has a credit rating of AA- and the outlook for this rating is stable. According to Fitch rating agency, Bermuda has a credit rating of AA+ and the outlook for that rating is stable. According to rating agency Moody's, Bermuda has a credit rating of Aa2 and the prospects for this rating are stable.
Central bank
In Bermuda, the institution that administers the state's currency, money supply, and interest rates is called the Bermuda Monetary Authority. The average interest rate on deposits offered by local banks in Bermuda is 1.5%.
National debt
Bermuda has a national debt equal to 47.7% of the country's gross domestic product (GDP) as estimated in 2013.
Control information
The corporate income tax in Bermuda is 0%. Personal income tax ranges from 4.75% to 100% depending on your specific situation and income level. Sales tax in Bermuda is 0%.
Finance
The total Gross Domestic Product (GDP) measured at Purchasing Power Parity (PPP) in Bermuda is US$5.6 billion. Gross Domestic Product (GDP) per capita at Purchasing Power Parity (PPP) per capita in Bermuda was last recorded at $0 million. PPP in Bermuda is considered below average compared to other countries. Below-average PPPs indicate that citizens in this country find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with below-average purchasing power parities are dangerous locations for investments. The total gross domestic product (GDP) in Bermuda is 5.574 billion. Based on this statistic, Bermuda is considered moderately strong. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in Bermuda was last recorded at $91 million. The average Bermuda citizen has very little wealth. Countries with very low wealth per capita often have lower life expectancies and a dramatically lower quality of life for their citizens. In countries with very low levels of prosperity, it can be very difficult to find a highly skilled workforce as citizens find it difficult to obtain the training required for specialized industries. However, labor can be found at very low rates compared to countries with higher wealth per capita. The annual growth rate of GDP in Bermuda averaged -3.5% in 2014. According to this percentage, Bermuda is currently experiencing a significant decline. Countries experiencing significant declines could see dramatic declines in personal consumption, employment rates and personal income.
http://www.confiduss.com/en/jurisdictions/bermuda/economy/
Seychelles is considered a large nation due to its total area. Its total land area is 455 km² (about 176 mi²). The Seychelles continental shelf is approximately 39,063 km² (approximately 15,082 mi²). The Seychelles are in Africa. Africa is the second largest and second most populous continent on earth. African countries include South Africa, Kenya, Tanzania, Ethiopia and Egypt, among others. The Seychelles is not a landlocked country. It means it is bounded by at least one major body of water. The average altitude range of the Seychelles is 453 m (1,483 ft).
Neighbors
The total length of land borders of Seychelles is 0 kilometers (~0 miles). The Seychelles have no land borders, which means they also have no neighboring countries in the traditional sense of the word.
Cities
The capital of the Seychelles is Victoria. The largest city in the Seychelles is Victoria.
Elevation
The average altitude range of the Seychelles is 453 m (1,483 ft). The highest point in the Seychelles is Morne Seychellois with an official elevation of 905 m (2,969 ft). The lowest point of the Seychelles is the Indian Ocean. The difference in elevation between the highest (Morne Seychellois) and lowest (Indian Ocean) points in the Seychelles is 905 m (2 ft).
Area
The total land area of the Seychelles is 455 km² (about 176 mi²). and the total Exclusive Economic Zone (EEZ) is 1,336,559 km² (~516,046 mi²). The Seychelles continental shelf is about 39,063 km² (about 15,082 mi²). Including landmass and EEZ, the total area of Seychelles is approximately 1,337,014 km² (~516,222 mi²). Seychelles is considered a large nation due to its total area.
Forest and farmland
407 km² of Seychelles' territory is covered with forests, and forest land accounts for 89% of the entire country. There are 10 km² of arable land in the Seychelles, which makes up 2% of the total national territory.
http://www.confiduss.com/en/jurisdictions/seychelles/geography/
In the context of EU intellectual property, a trademark is a sign that identifies a company. It makes it possible to distinguish one brand from another, or more precisely, to differentiate the products or services of one company from the products and services of another company.
In fact, any distinguishing mark can be considered a trademark: it can be a word, design, logo, and even a specific shape, color or sound. In particular, a registered trademark is a symbol that is viewed by the legislature as worthy of protection and protection. Any sign that can characterize the company can be registered and becomes the company's trademark. Because of this, a trademark is a different legal term than a trademark that is widely used in marketing studies. A trademark can be said to be what you protect when you want to register a trademark. Every consumer who knows a company has an idea of its products and services, as well as a general idea of the company as such. That idea is the brand.
Trademark is a recognizable design, phrase, or mark that distinguishes a product or service from a particular source from those of others. Sometimes a mark used to identify a service is called a service mark, especially in the United States. Brand owners can be corporate organizations, legal entities, or individuals and are usually found on a label, packaging, coupon, the product itself, or sometimes even on corporate buildings. The main purpose of a brand is to communicate that the product in question comes from a unique source and to distinguish it from other, similar products. For example, the registration of a trademark serves as protection for a brand name in order to preserve its original authorship.
Trademarks are protected by intellectual property rights. Intellectual property refers to a creation of the mind and a monopoly on this mind that is transferred to the owner of this intellectual property and is legally protected. Brands, patents, copyrights and design rights are all part of intellectual property. Any unauthorized use of the trademark by manufacturing or trading counterfeit consumer goods is a violation of intellectual property rights known as trademark piracy. In the event of such an infringement, the trademark owner can take legal action against a trademark infringement.
Reasons for registering and protecting your trademark
Some countries, including the United States and Canada, recognize common law trademark rights that allow steps to be taken to protect a brand name even if no trademark has been registered on it. Nevertheless, compared to registered trademarks, it offers significantly less legal protection. Most countries now require formal trademark registration in order to take legal action against trademark infringement. Below is a quick guide on how to go through the process of registering your own trademark.
If the brand name is already used before the trademark is registered, there is the option of applying for registration based on the concept of commercial use, specifying the commercial use and the date of first use Used. The declaration is usually contained in the standard application form, which must then be submitted to the competent authority with a sample showing the use of the brand name. Before submitting the registration form, it is necessary to search for existing trademarks for a particular brand name - this can be done online.
Recent major trademark infringement cases
There are numerous cases of trademark infringement in the history of industrial property protection. Each of them should remind you that an infringement of intellectual property is just as serious as an infringement of physical property.
# 1 Louis Vuitton versus Louis Vuiton Dak
The fashion designer Louis Vuitton recently won a trademark lawsuit against the South Korean fried chicken restaurant Louis Vuiton Dak. The court ruled that not only was the name of the restaurant too similar to the fashion brand, but the logo and packaging were also very similar to the iconic images of the designer.
# 2 Starbucks versus Freddocino
In 2016, Starbucks took legal action against the company that owns the Coffee Culture Cafe in New York after it launched a drink called Freddocino. Starbucks owns a brand for the term fappucino and states that not only do both names have too many similarities, but that both drinks have the same structure and look.
# 3 3M vs. 3N
3M commenced a lawsuit against a Chinese company using the 3N brand name and won on the grounds that the company had succeeded in gaining customers and a significant market share thanks to its similarities to 3M and its distinctiveness and reputation to win.