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June 29, 2020 News
European Cooperation: New Trade Mark Law in Cyprus
On 5 June 2020 the Parliament of the Republic of Cyprus voted in favour of its new Trade Mark Law which was subsequently published on 17 June 2020.
This milestone was achieved with the active involvement of the EUIPO, which offered legal assistance throughout the process of drafting the new law.
The new Trade Mark IP Law in Cyprus encompasses, inter alia: the transposition of Directive (EU) 2015/2436; the introduction of the multi-class system; the discontinuation of the need for a power of attorney document; new paper applications; and fees.
The new Trade Mark IP Law in Cyprus has simplified the whole application and registration procedure, while adding timelines for the completion of opposition, cancellation and revocation procedures and bringing an end to previously lengthy processes.
All of the abovementioned initiatives were built into the new and improved front office e-filing system, which was also developed with the help of the EUIPO and the European Cooperation Programme (ECP2) and put into production immediately after the publication of the new Trade Mark IP Law.