Idle trademarks are simply understood to be trademarks that are no longer in use. In fact, expansion means registered trademarks that have never been used or have stopped being used for three or more consecutive years. Newly registered trademarks are also idle trademarks before they are used.

There are several reasons why a registered trademark is idle. Let’s take a brief look at the reasons why a trademark is idle:

① The business scope of the trademark registrant changes. Because the scope of business activities of the trademark owner has changed or changed, the carrier of the exclusive right to the registered trademark no longer exists, leaving the registered trademark in an idle state.

②The trademark registration holder dies or terminates. The Trademark Law clearly stipulates that if the trademark registrant dies or terminates, the transfer procedures must be completed one year from the date of death or termination. Otherwise, anyone can apply to the Trademark Office to cancel the registered trademark. The termination of a legal person mainly refers to the legal effect of the termination of the legal person resulting from the merger of the trademark registrant, rather than the commonly known cancellation of the enterprise. During a merger, if the trademark registrant is merged and the legal person is terminated, the successor of the registered trademark, that is, the merged legal person, shall go through the transfer procedures of the registered trademark with the Trademark Office. However, because the successor or successor did not go through the transfer procedures and no one applied for cancellation, the registered trademark remained idle for a long time. There are also corporate bankruptcies, corporate restructuring, the existence of trademark registrants in name only, reasons for the trademark system, etc.

So how to deal with idle trademarks? An idle trademark can be transferred or the trademark rights can be extinguished by transfer, gift, cancellation. Transferring a trademark generally only takes 6 to 10 months, and the success rate is high. Therefore, the transfer of idle trademarks can not only quickly convert idle trademarks into the cash flow needed by enterprises, but also allow enterprises or individuals who are eager to apply for trademarks to quickly use the trademarks they need. It is a win-win transaction.

For any questions about trademark transfer, trademark transactions, or trademarks, you can contact Trademark Agency Co., Ltd., a formal professional platform with ten years of reputation and professional services to ensure the fairness and justice of trademark sales, so as to provide efficient and high-quality services. services.