Can I register a Trademark without a Company | All you must Know
A
trademark is a valuable intangible asset for establishing your company's
identity and brand image. Anyone who want to start a business in India are
frequently unaware of numerous aspects of trademark and company registration in
India. The most common question is can I register a trademark without a
company.
We answer
some of these issues and provide extra information in this post to assist you
in making an informed decision about registering your company's trademark in
India.
You do
not need to be the owner of a business to apply for Trademark
Registration Online.
The
application can be submitted by a natural person who has not yet started a
business. Aside from that, you can file an application
"traditionally" on a firm, such as a natural person conducting
business, a partnership, or even a foundation or institution.
If you
wish to register a trademark but don't yet have a business, keep one thing in
mind. You have five years under the law to begin utilising a trademark. The
trademark protection right will not be taken away from you after that, but
competitors may file a trademark withdrawal request.
Trademark Registration before Company Registration
Parts of a trademark can be registered
If you're
a trademark owner who wants to claim exclusive use of the mark, you can file a
separate trademark registration application with the registrar.
It might
happen even before the company is formed. After the business is up and running,
the proprietors' company can start utilising the separate marks collectively or
separately.
Trademarks that are related
A
trademark or its parts can be registered as trademarks if they are registered
as different trademarks but under the same proprietor's name. The following
conditions must be met in order to use these connected trademarks:
- The
goods that are exchanged or traded must be produced by the same company.
- The
trademarks must be registered in the same proprietor's name.
- The
markings are either identical or have a similar enough likeness that a
third party utilising them is likely to be confused.
Who is eligible to file a trademark application?
Anyone
claiming to be the owner of a trademark or intending to use one can apply. For
registration in writing to the Registrar under the Trademarks Act. It must be
done in the prescribed method (described below) in order for his trademark to
be registered.
An
individual, a company, a group of people, a partnership firm, a public utility,
a government entity, and so on can all apply for registration.
How does a company register a trademark in India?
Specifics to include in your application — A
corporation can file an application for trademark registration in its own name.
The nature of the registration, the country of incorporation, and the law under
which the company is registered must all be in the trademark application. The
director can sign and submit the application after receiving permission.
Performing a trademark search for a company name —
Before deciding on a trademark name or logo, a basic similarity check can be
performed. This might assist you in properly preparing your trademark
application and avoiding delays in the process.
Defining the correct classification of goods - The company should define
the goods and/or services for which registration is sought using words from the
Registrar's International Classification, which is available on the Trade Marks
website. Improper classification can result in lost time and the need for extra
correctional filings. As a result, this is a critical stage.
Document Submission - Filing of coloured as well as black and
white copies of your trademark are examples of supporting documentation.
Additional documents such as a power of attorney and proof of application fee
payment are required. Additionally, the practical specifics of mark usage may
be required.
Assignment of the trademark in the company's favour
- If
the firm's founders or promoters have already earned a trademark, it can
be issued to the company.
- The
proprietors' acquired trademarks are only assignable and transmissible as
a group, not individually.
- Form
TM-24 is used to record the title of a person who gains ownership of a
registered trademark by assignment or transmission.
- In
form TM-23, the assignor and assignee can also file a joint request to
register the assignee as a subsequent proprietor.
Should you register a trademark in India without
forming a company?
Yes, you
can apply for trademark registration
online in India without forming a company. Even if your firm is still
forming, you should register your trademark for the following reasons.
- You can
file a second trademark registration application with the registrar if
you're a trademark owner who desires exclusive use of the mark. This could
occur even before the company is created. The owners' firm can begin using
the various marks together or individually once the business is up and
functioning.
- If a
brand or its components are registered as separate trademarks but under
the same proprietor's name, they can register as trademarks.
- Keep
one thing in mind if you want to register a trademark but don't yet have a
business. Under the law, you have five years to start using a trademark.
- Just
because you came up with a great name doesn't give you any rights. It is
not protected by the law in the great majority of cases. Additional
regulations safeguard the names used in economic transactions. To ensure
that no one else uses your catchy name, you should register it as a
trademark. Even if you don't work in a corporation.
- By
applying a trademark for an individual and licencing it to a partnership,
you can save money on taxes. You can utilise a trademark that you have
legally registered in this form of a limited liability company. You'll be
paid on a monthly basis as well.
- For
natural persons, there is one further advantage to trademark protection.
You still have a valuable asset in the form of a trademark even if the
collaboration fails. A trademark cannot be seized by a liquidator of the
assets because it is not the property of the company.
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