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CAYMAN ISLANDS

VENEZUELA: Ratification of Upcoming Proceedings

New Trademarks Bill

A new trademark law has been published in the Cayman Islands which is expected to come into force in early 2017.

The new law will include a local trademark registry; applications will be examined on absolute and relative grounds for refusal of registration and contains also provisions for a opposition as well as revocation proceedings for non-use.

There will also be provision for the registration of collective and certification marks. Furthermore, clients will still be required to pay annual maintenance fees in order to maintain a registration's validity.