Panama’s intellectual property laws provide mechanisms for the registration, enforcement, and protection of intellectual property rights. The Panamanian government agency responsible for overseeing intellectual property matters is the General Directorate of Intellectual Property (DIGERPI) under the Ministry of Commerce and Industries. DIGERPI handles the registration and administration of patents, trademarks, and copyrights in Panama
Patents in Panama protect inventions and technical innovations, granting inventors exclusive rights to their creations for a specified period. Trademarks safeguard brands, logos, and distinctive signs used in commerce to distinguish goods and services. Copyright law protects original literary, artistic, and creative works, providing authors and creators with exclusive rights to reproduce, distribute, and authorize the use of their works.
Enforcement of intellectual property rights in Panama involves legal remedies and procedures to combat infringement and unauthorized use. Civil and criminal actions may be pursued against individuals or entities that violate intellectual property laws. Additionally, Panama has implemented measures to prevent counterfeiting and piracy, including customs procedures and penalties for infringing activities.
All artistic works such as literary, are developments of human knowledge that have abstract values themselves because they are likely to represent a translatable active in money, and consequently demand for its heritage value care to be untapped illegally and unjustly by others who do not have ownership of those rights.
That’s why the creators of artistic works that have a market value, should preferably register their work to prevent illegal copying and unfair competition from third parties taking advantage of the development of knowledge and creativity of others.
The advantages of brands are that they help us differentiate a service or product from one another, permitting this distinction, establish certain individualities for the customer of the product or service not to confuse it with the competitor and that way competitors take unfairly positioning of our brand and the customer also harms getting what you do not want to get.
For registration you need to provided that the brands are organized by their nature depending on their use or the essence for what is registered, and that has been called classes of the brands. Therefore, it is imperative to carry out the registration of a trademark is expressed exhaustively in that class you want to register it, since brand protection is directly related to the type of class in which it is registered. There are 45 classes, which are spread over 11 different types for services and 34 different types corresponding to the products.
Panamanian law through Law 35 of 1996, has also laid the protection of industrial property, which is based on promoting respect for intellectual effort and material for those who have produced inventions or utility models and that have protected by a patent. Of course, in order to register an invention it is universally accepted that this invention, it must be new and of course meet certain requirements, so that it can be obtained the patent for the invention and thus able to enjoy the exclusive exploitation rights of the invention.