Trademark Licensing Services

Trademark Licensing

License Your Trademark with LPC Consultancy

A trademark is not just a symbol of your brand identity but also a valuable asset that can generate revenue through licensing. Trademark licensing allows the trademark owner to grant permission to another party to use the trademark for specific purposes, usually in exchange for royalty payments or fees. This is a strategic way to expand your brand’s reach, enter new markets, and leverage your trademark’s value without losing ownership. At LPC Consultancy, we guide you through the process of licensing your trademark, ensuring that your intellectual property remains protected while you unlock its full commercial potential.

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OVERVIEW

What is Trademark Licensing?

Trademark licensing is a legal agreement between the trademark owner (licensor) and a third party (licensee) that allows the licensee to use the trademark under specific terms and conditions. The trademark owner retains ownership of the mark, while the licensee benefits from the established reputation and brand value associated with the trademark. Licensing can be an effective tool for business expansion, brand collaboration, and entering new markets without directly investing in additional resources.

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HERE'S HOW IT WORKS

1. Fill Form

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2. Call to discuss

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3. Get Incorporation

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Incorporation

Trademark Renewal Process with LPC Consultancy

LPC Consultancy offers a streamlined and efficient trademark renewal process, ensuring that your renewal is completed without delay. Here’s how we assist you in renewing your trademark:

Trademark Renewal Reminder: LPC Consultancy tracks your trademark renewal deadlines and sends timely reminders well before the renewal date approaches, ensuring you have ample time to renew without penalty.
Document Preparation and Submission: We gather the necessary documents and information required to file your trademark renewal. This includes the trademark registration certificate, proof of ownership, and other relevant details.
Filing the Renewal Application: Our experts prepare and file the trademark renewal application (Form TM-R) with the Trademark Registrar, ensuring all required fields are accurately completed to avoid delays.
Responding to any Objections: In case the Trademark Registrar raises any objections during the renewal process, we handle the entire response process, ensuring that the objections are addressed promptly and effectively.
Certificate of Renewal: Once the renewal application is processed and approved, the Trademark Registrar issues a certificate of renewal, extending your trademark protection for another 10 years.
Monitoring Post-Renewal: After renewal, we continue to monitor your trademark to ensure that it remains protected from potential infringement or misuse, offering ongoing support to safeguard your brand.

BENEFITS

Benefits of Licensing Your Trademark

Generate Additional Revenue

Licensing your trademark allows you to earn royalties or fees from third parties who use your brand for commercial purposes. This creates a new revenue stream without the need for direct involvement in manufacturing or selling products or services.

Retain Ownership

Licensing your trademark does not involve transferring ownership. You retain full rights to your trademark while allowing others to use it under agreed-upon terms, safeguarding your intellectual property.

Expand Brand Reach

Through licensing, your brand can enter new markets, regions, or industries where you might not have the resources or capacity to operate. This increases brand visibility and recognition across a broader audience.

Leverage Established Brand Value:

For businesses with a strong brand reputation, licensing allows other companies to benefit from your brand’s credibility, while you retain control over how and where the trademark is used.

Collaborations and Partnerships

Trademark licensing facilitates strategic collaborations and partnerships. By licensing your brand to trusted partners, you can expand into different sectors while maintaining control over the quality and integrity of your brand.

Mitigate Risk

Licensing enables you to expand your business footprint without directly investing in new production, marketing, or distribution channels, reducing your risk while allowing growth.

How LPC Consultancy Helps with Trademark Licensing

At LPC Consultancy, we offer comprehensive services for trademark licensing, ensuring that your intellectual property is protected, and the licensing agreement is structured to meet your business goals. Here’s how we assist you through the process:

Trademark Valuation
- Before entering into a licensing agreement, it’s essential to assess the value of your trademark. LPC Consultancy helps you determine the worth of your trademark based on market reputation, brand recognition, and potential revenue generation, ensuring you get the best possible terms in the licensing deal.
Drafting the Licensing Agreement
- A well-drafted licensing agreement is key to protecting your interests. We work closely with you to draft a clear, legally binding contract that outlines the terms of the license, including the scope of use, territory, duration, quality control measures, and financial terms such as royalties or fees.
Negotiating Terms
- Our team assists in negotiating the terms of the licensing agreement, ensuring that both parties are satisfied with the arrangements. We focus on securing favorable terms for you while ensuring that the licensee understands and adheres to the conditions set out in the agreement.
Quality Control and Brand Protection
- One of the critical aspects of trademark licensing is maintaining the quality and reputation of your brand. LPC Consultancy helps you establish quality control standards and monitoring mechanisms to ensure that the licensee adheres to these guidelines, preventing brand dilution or misuse.
Filing the Licensing Agreement
- After drafting and finalizing the licensing agreement, LPC Consultancy handles the legal formalities, including filing the agreement with the Trademark Registrar (if required) to ensure compliance with intellectual property laws in India.
Ongoing Support
- Licensing agreements are long-term commitments. We provide ongoing support to help you manage the agreement, track royalty payments, and ensure compliance with the terms throughout the license period.

Types of Trademark Licensing

Exclusive License: Under an exclusive license, the licensor grants the licensee exclusive rights to use the trademark within a specified territory or industry. No other party, including the trademark owner, can use the trademark in the agreed-upon scope during the license period.
Non-Exclusive License: A non-exclusive license allows the trademark owner to grant multiple licenses to different parties. The licensor retains the right to use the trademark and grant further licenses to other licensees.
Sole License: In a sole license, the licensor grants exclusive rights to one licensee but retains the right to use the trademark themselves. No other party can be licensed to use the trademark in the same territory or sector.

Key Considerations for Trademark Licensing

When entering into a trademark licensing agreement, it’s important to consider the following:

Scope of Use: Clearly define how the licensee can use your trademark. This includes the types of goods or services, territories where the trademark can be used, and whether sublicensing is allowed.
Quality Control: Implementing quality control measures is essential to ensuring that the licensee upholds the standards of your brand. Failure to maintain quality can damage your brand’s reputation.
Royalties and Fees: Determine the financial terms of the agreement, including the percentage of royalties or flat fees to be paid by the licensee. These terms should reflect the value of your trademark and the licensee’s expected use.
Duration and Termination: Clearly specify the duration of the licensing agreement and the conditions under which it can be renewed or terminated. You should also include clauses that allow for early termination in case of breach of contract or misuse of the trademark.
Territorial Limits: Define the geographic areas where the licensee is allowed to use the trademark. This ensures that you retain control over where your brand is marketed and sold.
Legal Compliance: Ensure that the licensing agreement complies with all relevant intellectual property laws in India and any other jurisdictions where the trademark will be used.

Why Choose LPC Consultancy for Trademark Licensing?

Expert Legal Advice: Our experienced trademark attorneys guide you through the entire licensing process, ensuring that your intellectual property is protected, and the agreement aligns with your business interests.
Tailored Solutions: Every business is unique, and so is every trademark. We provide customized solutions that fit your brand’s needs and goals, whether you're entering new markets or collaborating with partners.
Comprehensive Services: From drafting and negotiating agreements to monitoring the use of your trademark, we offer end-to-end services for all your licensing needs.
Ongoing Support: Trademark licensing isn’t a one-time event. We provide ongoing legal support to help you manage your licensing agreements effectively, ensuring that you maximize the value of your trademark.
Clear and Transparent Pricing: We offer competitive and transparent pricing for all our trademark licensing services, ensuring you know exactly what you’re paying for with no hidden fees.

OUR CLIENTS SAY

There was a little bit of anxiety and doubt when I contacted them as I was from one side of the country and they were from other side and I was new to online filing and legal process. But the service I got from them was marvelous. These guys are so professional, that I never felt to be new to them. The execution of legal and processing was first class. They finished the assignment before committed time and pricing is absolutely affordable and value for money."

Mr. Bikash Garabadau,
Founder, Cosmo Trade, Bhubaneswar, Odisha

FAQ ON LICENSED TRADEMARK

What is the process for appointing a director in a company?

The process involves obtaining a DSC, applying for a DIN, passing a board resolution, and filing Form DIR-12 with the ROC.
What documents are required for appointing a director?

Key documents include the DSC, DIN, identity proof, address proof, consent to act as a director (Form DIR-2), and a declaration of non-disqualification.
What is Form DIR-12?

Form DIR-12 is the form filed with the ROC to notify the appointment of a new director, containing details about the director and their role.
What is a DIN, and why is it required?

A DIN (Director Identification Number) is a unique identification number issued by the MCA to individuals who wish to serve as a director in any company.
Can an individual be a director in more than one company?

Yes, an individual can serve as a director in multiple companies, but there are limits on the number of directorships as per the Companies Act.
What happens if Form DIR-12 is not filed on time?

Failure to file Form DIR-12 within 30 days of the director’s appointment can result in penalties and the appointment being considered invalid.
Who can appoint a director?

Directors can be appointed by the company’s board of directors, shareholders, or a nomination committee, depending on the company’s articles of association.
What is the role of a non-executive director?

A non-executive director contributes to the company’s governance and strategic decision-making but does not participate in day-to-day operations.
How can LPC Consultancy help in appointing a director?

LPC Consultancy handles the entire process, from document collection to filing with the ROC, ensuring a smooth and compliant appointment.
Can a director be appointed without a board meeting?

No, a board meeting must be held, and a resolution must be passed to formally appoint the director.
Can a foreign national be appointed as a director in an Indian company?

Yes, foreign nationals can be appointed as directors in Indian companies, provided they meet the eligibility criteria and have the necessary documentation.
What is the difference between an executive and a non-executive director?

An executive director is involved in the company’s day-to-day management, while a non-executive director focuses on governance and strategy.
Is a Digital Signature Certificate (DSC) mandatory for directors?

Yes, a DSC is required for signing digital forms and documents submitted to the ROC.
What is Form DIR-2?

Form DIR-2 is the written consent from the director, stating their willingness to act as a director in the company.
Can a company appoint more than one director at a time?

Yes, a company can appoint multiple directors in a single board meeting, provided all necessary filings are completed.
What is a nominee director?

A nominee director is appointed to represent the interests of a shareholder, creditor, or financial institution on the company’s board.
Can a director be removed after being appointed?

Yes, a director can be removed through a shareholder resolution or by the board, depending on the company’s articles of association.
What is the tenure of an additional director?

An additional director holds office until the next AGM, after which the shareholders must confirm their appointment.
Is there a minimum age requirement for becoming a director?

Yes, an individual must be at least 18 years old to be eligible for appointment as a director in an Indian company.
What is the maximum number of directorships a person can hold?

An individual can hold a maximum of 20 directorships, with not more than 10 in public companies.
What is the process for resigning as a director?

A director can submit their resignation, and the company must file Form DIR-12 to inform the ROC of the resignation.
Can an LLP appoint a director?

No, LLPs have designated partners instead of directors, but partners can have similar roles in decision-making.
Is it necessary to update statutory registers after appointing a director?

Yes, the statutory registers of directors and key management personnel must be updated after appointing a director.
What is the role of an alternate director?

An alternate director is appointed to temporarily act on behalf of a director who is unable to attend board meetings for an extended period.
What sets a Private Limited Company apart from other business structures in India?

A Private Limited Company offers a balance between flexibility and limited liability, making it ideal for small to medium-sized businesses that wish to grow while minimizing personal financial risk.
Why should I consider registering my business as a Private Limited Company?

Registering as a Private Limited Company provides your business with legal recognition, enhances credibility, and opens up opportunities for investment and growth, while protecting your personal assets.
Can I start a Private Limited Company if I already have another business?

Yes, you can start a Private Limited Company even if you already own another business. However, the new company must operate as a separate legal entity with its own distinct identity.
What is the process for choosing the right business structure before registration?

Choosing the right business structure involves evaluating your business goals, investment plans, risk appetite, and long-term vision. Our experts at LPC Consultancy can help you make an informed decision.
What happens if my chosen company name is already taken?

If your preferred company name is already in use or does not meet the naming guidelines, you will need to submit alternative names. Our team will assist in checking availability and suggesting appropriate names.
How does a Private Limited Company protect my personal assets?

In a Private Limited Company, shareholders' liability is limited to the amount they have invested in shares. This means your personal assets are protected in case the company faces financial difficulties.
Can I run my Private Limited Company from home?

Yes, you can run your Private Limited Company from your home as long as the address is registered with the Ministry of Corporate Affairs as the official registered office of the company.
Is it necessary to have a physical office space to register a Private Limited Company?

While you need a registered office address, it does not have to be a commercial space. It can be a residential address, as long as it is in India and all legal notices can be served there.
How many shareholders are required to form a Private Limited Company?

A Private Limited Company requires a minimum of two shareholders and can have a maximum of 200 shareholders.
What is the role of a Director in a Private Limited Company?

Directors are responsible for managing the day-to-day operations of the company, making strategic decisions, and ensuring compliance with legal and regulatory requirements.
Can I appoint a foreign national as a director in my Private Limited Company?

Yes, foreign nationals can be appointed as directors in a Private Limited Company, provided they obtain a valid Director Identification Number and comply with other legal requirements.
What are the responsibilities of a shareholder in a Private Limited Company?

Shareholders own a portion of the company through their shares and have the right to vote on major decisions, such as the election of directors and changes to the company's structure.
Can I transfer shares in a Private Limited Company?

Yes, shares in a Private Limited Company can be transferred, but the process is more restricted compared to public companies. The transfer usually requires approval from the board of directors.
How does a Private Limited Company handle profits and losses?

Profits earned by the company can be distributed to shareholders as dividends, reinvested in the business, or held in reserves. Losses are borne by the company, and shareholders are not personally liable.
What is the significance of the Memorandum of Association (MOA) and Articles of Association (AOA)?

The MOA outlines the company’s objectives and scope of activities, while the AOA defines the internal rules for managing the company. Together, they form the company's constitution.
How does a Private Limited Company ensure compliance with regulatory authorities?

A Private Limited Company must comply with various regulations, including filing annual returns, maintaining statutory records, and adhering to tax obligations. LPC Consultancy offers ongoing compliance services to help manage these responsibilities.
What are the options for raising capital in a Private Limited Company?

A Private Limited Company can raise capital by issuing shares, obtaining loans, or seeking investments from venture capitalists, angel investors, or private equity firms.
How does a Private Limited Company maintain its perpetual succession?

Perpetual succession means that the company continues to exist even if shareholders or directors change, ensuring continuity of business operations.
What role does the Registrar of Companies (ROC) play in company registration?

The Registrar of Companies is the government authority responsible for registering companies, maintaining records, and ensuring that companies comply with legal requirements.
How do I ensure my Private Limited Company name is unique and compliant with regulations?

Our team at LPC Consultancy will help you conduct a thorough search to ensure your chosen name is unique and compliant with the naming guidelines set by the Ministry of Corporate Affairs.
What are the common challenges faced during the registration of a Private Limited Company?

Common challenges include name availability issues, document verification delays, and compliance with legal formalities. Our experts at LPC Consultancy help you navigate these challenges smoothly.
Can I convert my Private Limited Company into another business structure later?

Yes, a Private Limited Company can be converted into another business structure, such as a public limited company or LLP, by following the legal process. LPC Consultancy can assist with the conversion process.
What are the tax implications for shareholders in a Private Limited Company?

Shareholders in a Private Limited Company may be subject to tax on dividends received. Additionally, the company itself is subject to corporate taxes on its profits.
How does a Private Limited Company ensure confidentiality of its business operations?

While a Private Limited Company must comply with public disclosure requirements, it can maintain confidentiality in certain areas, such as internal management practices and shareholder agreements.
Why should I choose LPC Consultancy to help register my Private Limited Company?

LPC Consultancy offers personalized guidance, transparent pricing, and a commitment to timely and accurate service, ensuring your company registration process is efficient and stress-free.