Trademark Registration is valid for a period of 10 years. The same can be renewed and it is advisable to do so before the expiry to enjoy continuity. The renewal is extended for another 10 years. In the case of non-renewal after 12 months of the registration is likely to expire. However, between 6 to 12 months after the expiry, the registration can be restored by paying a penalty.
Benefits of Trademark Renewal
Consistent Legal Protection
The on-time renewal of the trademark registration ensures continuous legal protection from infringement with a validity of 10 years for each renewal. The renewal can be made multiple times.
Improved Brand Value
The continuous uniqueness of the brand and its identity will enhance the value of the brand in the market. This substantial value of an intangible asset will have a significant impact on the company valuation.
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