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Trademark Assignment

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Your Trademark

Transfer ownership of your Trademark Fully or Partially. Assign your Trademark now. Prices starting INR 14,999/- only.

 
 
 
 
 
 
 
 
 
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What is Trademark Assignment?

All you need to know

Trademark Assignment is the action or process of transferring ownership and rights with/without the reputation related with a trademark to another entity  partially or wholly by the original owner of the trademark, with or without some specified restrictions. The trademark assignment is made by way of a trademark assignment agreement, while the licensing is done by means of a license agreement.

A company owning a trademark, can transfer its rights related with the trademark to another entity by mean of the following two most popular arrangements: Trademark Assignment or Trademark Licensing.

ThinkBiz Filings is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad.Securing a Trademark in India is easy, seamless, cheapest and quickest with Trademarks including  Trademark Registration, and Trademark Renewal services in India ThinkBiz Filings also helps you with Trademark Objection filing, Trademark Assignment, Trademark withdrawal, Trademark opposition and Trademark rectification services. rademark Modification, Trademark cancellation, Trademark Opposition etc. To know more on Trademark services online you may get in touch with compliance manager on 09704561215 or email info@Thinkbizfilings.com for for free consultation.

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Compliance Requirements for a Partnership Firm

Income Tax Return

    Partnership firms must file annual tax returns. The due date is 31st July for non-audit cases and 30th September for audited firms. Timely filing ensures compliance, avoids penalties, and maintains legal standing.

    GST Compliances

      Partnership firms must register for GST if turnover exceeds the prescribed threshold. Regular GST return filing is mandatory to ensure compliance, avoid penalties, and maintain smooth business operations under GST laws.

      TDS Compliance

        Partnership firms must deduct and deposit Tax Deducted at Source (TDS) if liable under the Income Tax Act. Timely filing of TDS returns ensures compliance, avoids penalties, and maintains smooth financial operations.

        Accounting

          firms must maintain proper books of accounts reflecting an accurate and fair view of financial affairs. Each partner’s capital, withdrawals and profit share should be recorded separately to ensure transparency

          Tax Audit (if applicable)

            Required for partnership firms if business turnover exceeds ₹1 Cr or professional receipts surpass ₹50 Lakh under Section 44AB, ensuring regulatory compliance and accurate financial reporting.

            Firm Updates

              Partnerships must file updates on any changes in firm structure, such as partner additions, removals, or modifications to the partnership deed, ensuring legal compliance and transparency.

              Documents Required for Partnership Firms

              Quick Checklist

              • PAN card of all partners of the firm.
              • Aadhaar/Passport/Voter ID/Driving License of all partners.
              • Latest utility bill, rent agreement, or ownership proof of the firm’s office.
              • Latest bank statements of partners.
              • Recent photos of all partners.

              Key Benefits of a Partnership Firm

              Points to make your decision easy

              Ease of Formation

                Partnership firms have a straightforward registration process with minimal legal formalities, making them easy and cost-effective to establish.

                Tax Benefits

                  Partnership firms avoid double taxation, as profits are taxed only at the firm’s level and not again in the hands of partners, ensuring tax efficiency.

                  Lower Compliance

                    Partnership have fewer regulatory requirements and legal formalities compared to corporations, reducing administrative burdens and operational costs.

                    Decision-Making

                      Partnership firms enable quick decisions without extensive regulatory approvals, allowing for agile business operations and faster implementation of strategies.

                      Profit Sharing

                        Partners can distribute profits as per the agreed ratio in the partnership deed, allowing flexibility and mutual benefit in financial management.

                        No Minimum Capital

                          Partnership firms have no minimum capital requirement and can be registered even with Rs. 10,000 as total capital, providing flexibility in business setup.

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                          FAQs On Trademark Assignment
                          Get answers to all your queries
                          • Trademark assignment is the transfer of ownership of a registered trademark from one party to another.
                          • The registered owner (assignor) of the trademark can assign it to another person or business (assignee).
                          • Assignment permanently transfers ownership, whereas licensing allows another party to use the trademark without ownership transfer.
                          • Trademark assignments can be: ✅ Complete Assignment – Full rights are transferred to the assignee. ✅ Partial Assignment – Rights are transferred for specific goods/services. ✅ With Goodwill – The assignee gets rights to use the brand name with its existing reputation. ✅ Without Goodwill (Gross Assignment) – The assignee cannot use the reputation linked to the trademark.
                          • Yes, both registered and unregistered trademarks can be assigned. However, registered trademarks have stronger legal protection.
                          • The steps include: ✅ Drafting a Trademark Assignment Agreement ✅ Filing Form TM-P with the Trademark Registry ✅ Paying the applicable fees ✅ Approval from the Registrar of Trademarks
                          • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215

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