Trademarks Licensing in Turkmenistan

Recordal of the Trademark License Agreement with PTO is mandatory.

The following information and documents are required for Recordal of License:

• Three notary certified copies of the agreement signed and sealed by the Parties (legalization or apostille is not required);
• The list of trademarks to be licensed, which shall be certified by the signatures and seals of the licensor and the licensee;
• Power of Attorney from both Licensor and Licensee duly signed and sealed with a company stamp;
• Payment of relevant official fees.

The following information should be mentioned in a trademark license agreement:

• Full details on the trademark or trademarks that are the subject of the agreement;
• The name and address of the Licensor and Licensee;
• Scope of right (full; exclusive; non-exclusive);
• Period of validity and terms of termination;
• Terms of resolution of disputes;
• Provision on force major circumstances;
• The specific trademark right or rights to be licensed, including the geographic territory in which the marks are being licensed;
• The provision on nature and quality of the goods and/or services with which the licensee may use the trademark, also known as a “quality control provision,” is mandatory;
• The royalty amount and terms of payment

The regular time frame of recordal of license is 3 months.