From November 01, 2019, trademark use agreements do not need to be registered with the state authority

20:52, 10/07/2024

This is the notable content prescribed in the Law amending and supplementing several articles of the Law on Insurance Business, the Intellectual Property Law passed by the National Assembly on June 14, 2019.

Notably, the provision that trademark use contracts will have legal validity even when signed by both parties without being registered with the state regulatory agency.

In addition, the effectiveness of contracts transferring industrial property rights has some other new points as follows:

- Contracts for the transfer of types of industrial property rights stipulated at Point a, Clause 3, Article 6 of the Intellectual Property Law 2005 will only be effective when registered with the state regulatory agency (CQNN);- Contracts for the use of industrial property objects stipulated at Point a, Clause 3, Article 6 of the Intellectual Property Law 2005 will be effective as agreed upon by the parties, and have legal validity only when registered with the state regulatory agency (excluding trademarks).

See the detailed content in the Law Amending the Insurance Business Law and the Intellectual Property Law, which takes effect from November 1, 2019, except as provided in Clause 4, Article 3 of this Law.

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