New Trademark Fees Rules
Trademark Registration is a tedious process that may even take up to 2 years. But the Government has amended certain provisions. It has introduced new rules, that is, Trademark Rules, 2017 that has replaced the Rules of 2002. This has been done to streamline the registration process and speed it up considerably. These New Trademark Fees Rules are not only simpler but also pave way for smoother and faster registrations. With introduction of new rules trademark registration fees has also been increased.
Increase in trademarks registration fee
Trademarks Rules, 2017 has not only made the process easier and quicker but it has also increased the fees. Now trademark application has become costlier. For online trademark registration, ₹9,000 fee will be charged but for physical filing the fees is ₹10,000.
For small companies, startups and individuals the fees levied will be ₹4,500 for online filing and ₹5,000 for physical filing. Small enterprises are manufacturing or production entities that have investment in Plant and Machinery less than the amount specified for medium enterprises, which is presently ₹10 lacs, in Micro, Small and Medium Enterprises Development Act, 2006.
Similarly, for enterprises or companies involved in rendering of services, they must have an investment in equipments lower than that of medium enterprises, that is, ₹5 crores as specified by MSMED Act, 2006.
Register Private Limited Company for ₹ 12,999 all inclusive
The Government has also introduced new expedited process of trademark registration that will cost you ₹20,000 if you are an individual or have a startup or small enterprise. Rest will be charged ₹40,000 for expedited registration.
According to Trademarks Act, 1999 trademarks must be renewed every 10 years. For renewal you'll be charged ₹9,000 for online filing and ₹10,000 for physical filing. For restoration of trademarks equal amount will be charged as that of renewal.
Fee for trademark rectification
The fees for rectification of trademark done via online is ₹2,700. For physical filing the charge is ₹3,000. Likewise, the fee for trademark opposition is again ₹2,700 and ₹3,000 for e-filing and physical filing respectively.
The Government has increased the fees but it has also quickened the registration process. With expedited registration you can own a trademark under your name within months.
Hope you have liked our article on "New Trademark Fees Rules". Let us know what you think in the comment section below. For more information you can visit www.registrationsindia.com
Let us know your Registration, Taxation & Compliance Requirements