Assignment of an industrial property right means the transfer of ownership right by owner of such industrial property right to another organization or individual.
Assignment of industrial property rights must be established in the form of written contract (herein after referred to as “contract”).
An industrial property right assignment contract shall be valid upon its registration with the state management agency in charge of industrial property rights (IPVN).
- A dossier for registration of an industrial property right assignment contracts comprises the following documents:
+ Written declaration for registration of the contract on transfer of industrial property rights (made according to a set form 01-HĐCN Appendix D of Circular No. 01/2007/ TT-BKHCN);
+ The contract;
+ Original protection title;
+ Written consent of co-owners to the transfer of industrial property rights, if those industrial property rights are under common ownership;
+ Power of attorney (if the dossier is filed through a representative);
+ Fee and charge receipts;
+ Other documents (if necessary).
- The time limit: IPVN shall examine the requests forregistration ofassignment of protection titleswithin 02 months from the date of receipt of the request.
- Result: If a dossier for registration of anassignment of protection titles contains no error, the IPVN shall issue a decision on registration of the contract; register and publish it in the Industrial Property Official Gazette. If a dossier for registration of the contract contains errors, the IPVN shall issue a decision on its rejection of the request for protection title assignment.
Return (if any): the protection title to the owner.
- Fees and charges:
+ Fee for examination request for registration of assignment of protection titles
+ Fee for publication of decision of registration of assignment of protection titles
+ Fee for recording decision ofregistration of assignment of protection titles into the National Register of Industrial Property