Mexico’s intellectual property law is governed by the Industrial Property Law. It protects trademarks, patents, and copyrights, fostering innovation and economic growth. Trademarks require registration with the Mexican Institute of Industrial Property (IMPI), lasting 10 years and renewable. Patents grant 20 years of exclusive rights for inventions. The 2020 reforms strengthened enforcement, reducing piracy by 20% through faster judicial processes and higher fines up to 2 million pesos. Individuals and businesses are assisted in registering brands, such as a client who protected a logo within months, preventing imitation. Understanding registration costs (around 3,000-5,000 pesos) and enforcement options—e.g., cease-and-desist letters or lawsuits—is vital. The law also covers industrial designs and trade secrets, expanding protection.
Key Points: trademark protection, 2020 reforms, enforcement
Tips: register early, monitor usage, consult a lawyer