The Law governing the general granting procedure, regulates the obtention of Trademarks and Trade Names, establishes the administrative procedure, the formal examination and of seniority to be carried through in each file until its grant. Definition as to the Law:

Trademark: A trademark may consist of any signs capable of being represented graphically, particularly words, provided that such signs are capable of distinguishing the goods or services of one undertaking from those of other undertakings.

The term of a trademark right will expire ten years after the date of filing, which term may be extended for ten years each time an application for renewal is filed;
To maintain the trademark in vigour, the owner has to pay each ten years;
Validity of the trademark will be for the whole national territory.

Trade Names: Trade names mean signs or denominations to distinguish a natural or juridical person carrying through his commercial activity and which distinguish his activities from identical or similar activities.

Maximum duration: indefinite, for ten year periods renewable from the application date;
Maintenance: through payments each ten years;
Protection on the whole national territory.