What is the Time and Cost Involved With Trademark Renewal

What is the Time and Cost Involved With Trademark Renewal

In addition to making it easier for brands to showcase their products and services without fear of being infringed, trademark registration only lasts for 10 years. If the trademark registration expires within ten years, nothing short of trademark restoration can help you regain it. You can, however, save your trademark registration before it expires if you are vigilant about when trademark protection expires. This process is known as trademark renewal.

It is possible to renew your trademark ownership in India through the renewal process. During this article, we will discuss both the costs and the time involved in this process.

How Does Trademark Renewal Work?

By renewing an entity, you extend its life span. If you renew your trademark registration within six months of its expiration date, you will receive another 10 years of protection. In this way, trademark registrations are renewed within six months of their expiration date, which extends the validity of the registration immediately.

Is Trademark Renewal a Complicated Process?

The trademark renewal process in India is quite simple since the trademark is already registered, so you don’t need many documents along with the required trademark renewal form. And you file this form online, making it easier to renew a trademark than to register one.

The process for renewing a trademark is as follows:

  1. You will need to file a renewal application in form TM-12 and a power of attorney in form TM-48.
  2. You must pay the government fees.
  3. Your trademark is renewed for another 10 years after due verification by the Registrar.

Trademark renewal applications in India can now be filed online, which saves significant time and makes this tedious process hassle-free. The trademark renewal application can be filed by the proprietor or trademark agent. It is important to remember that trademark renewal applications need to be submitted 6 months before their expiration date. Before 2-3 months before the expiration date, the Registrar sends a reminder notice to the owner of the trademark.

After the expiration of the last registration, the registrar may remove the trademark from the register and publish this information in the journal if trademark renewal fees have not been paid.

In the event you forgot to renew your trademark, you still have a chance to restore it. This process is referred to as trademark restoration.

The journal also advertises the fact that the mark has been removed from the trademark register by the examiner. The mark will not be removed from the register if the application is filed within 6 months of the expiration date of the last registration.

You only need to send Form TM 13 and a written statement explaining why your trademark expired before the renewal deadline in order to restore it. It is possible, however, for the registrar to not be satisfied with the reasons and remove the mark from the register.

You must manage your trademark portfolio well in order to keep your trademarks alive and apply for renewals in a timely manner.

How Much Does It Cost to Renew a Trademark?

As a non-legal individual, you can still make mistakes when filing a trademark renewal, so it’s best to leave the application filing and the entire renewal process to the experts. Don’t worry about the renewal trademark cost. Most trademark service providers keep the price just right at a price that’s either high enough to lighten your purse or low enough to burden your dignity.  

Lastly,

Using trademark renewal, you can extend the lifespan of your trademark protection. The process is simple, doesn’t cost much, and can be done by a number of trademark service providers.

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