Monday, July 4 2022   \  Published by Am Badar & Am Badar.

Is It Possible To Sell Your Trademark in Indonesia?

Trademark is an essential component in all areas of business. It may have a significant influence on sales. A well-known trademark may advertise a product or service that reflects the company and gives a competitive advantage.

Due to the fame and good reputation of a trademark, there is a potential that certain parties can commercialize the brand. This article will discuss the legality of selling brands in Indonesia. 

Selling your trademark

A trademark assignment is the transfer of property rights from the prior owner of a trademark to the new orner.

Rights to registered marks may be transfered or transferred due to the following reasons, according to Article 41 paragraph (1) of Law Number 20 of 2016 about Marks and Geographical Indications as amended by Law Number 11 of 2020 concerning Job Creation ("Trademark Law"): Read more

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