With the current social and economic development, our country is paying more and more attention to intellectual property rights, and therefore the acquisition of trademarks has also received attention. In addition to their own brand value, trademarks can also be traded as commodities. So, what is the trademark purchasing process? Let’s take a look below.
1. Trademark purchase transaction negotiation
1. The buyer (transferee) first determines the trademark to be purchased according to his own preferences, and determines the final transaction price with the seller.
2. Once the buyer or seller (transferor) determines the price, they must sign a trademark transfer contract and prepare to exchange relevant documents.
2. Documents for submitting application for transfer of trademark transfer
1. A copy of the "Application for Trademark Transfer" should be stamped on the application form, and attached to the applicant and transferee of seal.
2. The "Trademark Transfer Power of Attorney" bears the official seal of the transferee.
3. The transferee’s copy of the “Business License”.
4. Pay trademark transfer application and other fees as required. 5. If you entrust a professional agency to apply, you need to pay part of the fee (the fee is set by the entrusting agency)
3. The Trademark Office will issue a "Certificate of Approval of Transfer of Registered Trademark" within 15 days after receiving the transfer application.
Note: According to Article 25 of the "Regulations for the Implementation of the Trademark Law", trademark applicants/registrants registering similar trademarks on the same or similar goods/services must be transferred together.
IV. Instructions for filling in the form
1. If the enterprise is canceled or the individual dies, and the trademark transfer procedure is not processed within one year from the date of cancellation or death, the trademark transfer procedure It cannot be processed again, and the trademark ownership will naturally disappear.
2. The trademark registrant who registers the same or similar trademark on the same or similar goods must apply for transfer.
3. Time required: usually 3-5 months from the date of application.
5. Transfer Time: The State Trademark Office will simultaneously issue a "Notice of Acceptance" to the transferee for about 3 months, and issue a transfer approval certificate within 10-12 months.
The above is the complete process of trademark purchase. Of course, if you need to purchase a trademark but feel that purchasing it yourself is too cumbersome, you can entrust a professional agency platform. For example