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Trademark licensing is a legal right granted by the trademark owner to another person to use the registered trademark on agreed terms.
Enter into a trademark licensing agreement with the owner and register it with the Trademark Registry as per the Trade Marks Act, 1999.
Government registration fees start from ₹4,500 to ₹9,000 per mark, along with professional fees.
Apply for a trademark, undergo the examination and publication process, and finally download the registration certificate from the IP India website.
There are three types of licensing: Exclusive License, Sole License, and Non-Exclusive License.
GST registration is not required for trademark registration, but GST is applicable on professional fees and royalty income.
Individuals, sole proprietors, partnerships, LLPs, companies, trusts, and societies can apply for a trademark in India.
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