CIIPO Observes Steady Growth In Intellectual Property Protection

Grand Cayman, 9 August 2024 – According to the latest statistics from the Cayman Islands Intellectual Property Office (CIIPO), more businesses and corporate entities are protecting their brands in the Cayman Islands than ever before. 

CIIPO has received 329 trade mark registration applications between January and June 2024, which is more than half of the total number of registrations for all of 2023. The revenue for the period was CI$1.31 million. 

To date, CIIPO has 7,900 entries in its intellectual property (IP) register, including patents and designs, with 3,773 applications being submitted since the commencement of direct trade mark registration in August 2017.

CIIPO Director Candace Westby said, "These numbers reflect a growing desire by international brands to seek IP protection in the Cayman Islands. Our office will continue to enhance our operations and facilitate the safeguarding of IP rights."