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Specimen Deed of Assignment of Registered Trademark — Format 2026

Specimen deed of assignment of trademark. Format, Section 37-44 Trade Marks Act 1999, with/without goodwill, registration with TMR, FEMA compliance.

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Last updated: October 2026Verified against: Government sources

What Is Trademark Assignment?

Trademark assignment is the transfer of ownership of a registered (or pending) trademark from the assignor (current owner) to the assignee (new owner). Under Section 38 of the Trade Marks Act, 1999: a registered trademark is assignable and transmissible — either with or without the goodwill of the business concerned. The assignment may be: (a) with goodwill — the trademark and the associated business reputation, customer base, and brand value are transferred together, (b) without goodwill — only the trademark registration is transferred, not the underlying business reputation (this is called "assignment in gross").

Legal Framework — Sections 37-45

Section 37 — Power to assign: The registered proprietor has power to assign the trademark and to give receipts for the consideration. Section 38 — Assignability of a registered trademark: It may be assigned with or without the goodwill of the business, for all or only some of the goods or services. Section 39 — Unregistered trademark: An unregistered trademark may also be assigned, with or without goodwill. Sections 40 and 41 — Restrictions: A trademark is not assignable where the assignment would leave exclusive rights in more than one person for the same or associated goods or services and the use of the marks would be likely to deceive or cause confusion (section 40), or would create exclusive rights in different persons in different parts of India (section 41, unless the Registrar approves the assignment). Section 42 — Assignment without goodwill: The assignment does not take effect unless the assignee applies to the Registrar within six months of the assignment (extendable by up to three months in the aggregate) for directions on advertising it, and advertises it as directed. Section 44: Associated trademarks are assignable only as a whole. Section 45 — Registration of assignments: The assignee must apply to the Registrar of Trade Marks to register the title. The section prints no time limit for this application, but until it is filed the assignment is ineffective against a person who acquires a conflicting interest in the trademark without knowledge of it (section 45(4)).

Specimen Deed of Assignment — Trademark

DEED OF ASSIGNMENT OF TRADEMARK

This Deed is made on at

BETWEEN:

, (the "Assignor")

AND

, (the "Assignee")

RECITALS

(a) The Assignor is the registered proprietor of the following trademark(s): Trademark: , Registration No.: , Class(es): , registered on , valid until .

(b) The Assignor desires to assign the said trademark(s) to the Assignee the goodwill of the business in the goods/services for which the trademark is registered, for a consideration of Rs. .

(c) The Assignee desires to acquire the said trademark(s) on the terms set out herein.

NOW THIS DEED WITNESSETH:

1. Assignment: In consideration of Rs. paid by the Assignee to the Assignor (receipt acknowledged), the Assignor hereby assigns, transfers, and conveys to the Assignee ALL right, title, and interest in and to the trademark(s) described above, the goodwill of the business in the goods/services for which the trademark is registered.

2. Rights Transferred: The assignment includes: (a) the right to use the trademark in India for the registered goods/services, (b) the right to renew the trademark registration, (c) the right to institute and defend infringement proceedings, (d) the right to license the trademark to third parties, (e) the right to all associated domain names, social media handles, and digital assets .

3. Assignor's Warranties: The Assignor warrants: (a) sole and rightful owner of the trademark, (b) the trademark is validly registered and subsisting, (c) no prior assignment, license, or encumbrance, (d) no infringement proceedings pending, (e) all renewal fees paid up to date, (f) the assignment will not mislead the public or cause confusion.

4. Registration: Both parties shall jointly apply to the Registrar of Trade Marks for registration of this assignment under Section 45 within [30/60/90] days. Registration fee shall be borne by the .

5. Indemnity: The Assignor indemnifies the Assignee against all claims arising from: prior use/misuse of the trademark, pending infringement actions, and any defect in the Assignor's title.

6. Transitional Use: The Assignor shall not use the assigned trademark from the date of this Deed — unless the parties agree to a transitional period of [30/90] days for phasing out the Assignor's use.

Registration with Trade Marks Registry

Under Section 45 (and rule 75 of the Trade Marks Rules, 2017): the assignee must apply to the Registrar of Trade Marks (TMR) for registration of their title. Procedure: (a) file Form TM-P (Application for Registration of Assignment/Transmission) with the TMR, (b) attach: the original assignment deed (or certified copy), a statement of case in support of the request (rule 76(1)); no separate assignor-consent form is prescribed in the 2017 Rules (the earlier reference was TM-28), and the prescribed fee, (c) fee: Rs. 10,000 (physical filing) or Rs. 9,000 (e-filing) for each trademark, as notified in 2017 (First Schedule, entry 6); check the current Schedule, (d) the Registrar examines the application and, if satisfied: registers the assignment in the Register of Trade Marks, (e) the Assignee's name is entered as the new proprietor. Until the application is filed: the assignment is ineffective against a person who acquires a conflicting interest in the trademark without knowledge of it (section 45(4)) — the Assignor's name remains on the register.

Assignment With vs Without Goodwill

FeatureWith GoodwillWithout Goodwill
What transfersMark + business reputation + customer baseMark only (registration rights)
Business continuityAssignee continues the same businessAssignee may use for different business
Public confusion riskLower (same business continues)Higher (mark used for different business)
Registrar's scrutinyLess stringentMore stringent (section 42 advertisement; sections 40 and 41)
ValuationHigher (includes goodwill value)Lower (mark value only)

Tax Implications

(a) Income Tax — Assignor: Consideration is taxable as capital gains if the trademark is a capital asset (LTCG if held >24 months for unlisted; 12 months for listed). If the trademark was developed in the course of business: it may be taxable as business income. (b) GST: Permanent transfer of trademark rights: 18% GST (supply of services). Temporary transfer/license: 12% GST. (c) Stamp Duty: Varies by state — typically nominal (Rs. 100-500) as assignment of intangible property.

FEMA Compliance

For cross-border trademark assignments (Indian company assigning to foreign entity or vice versa): (a) payment for the assignment must be at arm's length (fair market value), (b) if Indian entity pays foreign entity: withholding tax (TDS) under Section 195 IT Act + compliance with RBI guidelines on royalty/IP payments, (c) if foreign entity pays Indian entity: receipt in convertible foreign exchange, (d) reporting as per FEMA regulations. Transfer pricing regulations apply if the parties are associated enterprises.

Disclaimer: This article is for informational purposes only and does not constitute legal or professional advice. While every effort has been made to ensure accuracy based on the latest laws and amendments, readers should consult a qualified professional before acting on any information provided. For expert assistance, contact us.

Quick recapKey facts & short answers

Key Facts About Specimen Deed of Assignment

  • Applies in: All states across India, under the relevant central law.
  • Mode: Mostly online via the official government portal.
  • Typical timeline: Ranges from a few days to a few weeks depending on the case.
  • Non-compliance: May attract penalties, interest or late fees.
  • Expert help: TaxClue completes Specimen Deed of Assignment end to end for you.

Can a trademark be assigned without the goodwill of the business?

YES — Section 38 of the Trade Marks Act, 1999 allows assignment BOTH with and without goodwill. Assignment without goodwill (in gross): only the trademark registration transfers — the business reputation stays with the assignor. However: an assignment without goodwill does not take effect unless the assignee applies to the Registrar within six months (extendable by up to three months in the aggregate) for directions on advertising it and advertises it as directed (section 42). Sections 40 and 41 also bar an assignment that would leave exclusive rights in more than one person where the use of the marks would be likely to deceive or cause confusion. Assignment with goodwill is generally simpler and preferred — it ensures continuity of the brand for consumers.

What is the procedure for registering trademark assignment?

Steps: (1) Execute the DEED OF ASSIGNMENT (signed by both parties), (2) File Form TM-P (Application for Registration of Assignment) with the Trade Marks Registry under section 45 and rule 75 (the section prints no time limit, but see step 6), (3) Attach: assignment deed (original/certified copy), a statement of case in support of the request (rule 76(1); no separate assignor-consent form is prescribed in the 2017 Rules, the earlier reference was TM-28), prescribed fee (Rs. 9,000 for each trademark for e-filing or Rs. 10,000 for physical filing, as notified in 2017; check the current Schedule), (4) Registrar EXAMINES the application — checks for: valid assignment, no public confusion, compliance with sections 40 to 42, (5) If satisfied: Registrar registers the assignment and enters the assignee's name as new proprietor, (6) Until the application is filed: the assignment is ineffective against a person who acquires a conflicting interest without knowledge of it (section 45(4)) — the assignor's name remains on the register.

Good compliance is boring by design; the drama starts only when something has been skipped.

— TaxClue Compliance Desk

Specimen Deed of Assignment: a key compliance topic in Indian tax and corporate law that businesses and individuals must understand to remain compliant.

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Disclaimer: This article is for general informational purposes only and does not constitute professional tax, legal or financial advice. Laws, rates and due dates change and can vary by individual case — always verify with the relevant government source (e.g. mca.gov.in, incometax.gov.in) or consult a qualified professional before acting. TaxClue accepts no liability for decisions taken based on this content.

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Short, direct answers to the 5 questions readers ask most on this topic.

YES — Section 38 of the Trade Marks Act, 1999 allows assignment BOTH with and without goodwill. Assignment without goodwill (in gross): only the trademark registration transfers — the business reputation stays with the assignor. However: an assignment without goodwill does not take effect unless the assignee applies to the Registrar within six months (extendable by up to three months in the aggregate) for directions on advertising it and advertises it as directed (section 42). Sections 40 and 41 also bar an assignment that would leave exclusive rights in more than one person where the use of the marks would be likely to deceive or cause confusion. Assignment with goodwill is generally simpler and preferred — it ensures continuity of the brand for consumers.

Steps: (1) Execute the DEED OF ASSIGNMENT (signed by both parties), (2) File Form TM-P (Application for Registration of Assignment) with the Trade Marks Registry under section 45 and rule 75 (the section prints no time limit, but see step 6), (3) Attach: assignment deed (original/certified copy), a statement of case in support of the request (rule 76(1); no separate assignor-consent form is prescribed in the 2017 Rules, the earlier reference was TM-28), prescribed fee (Rs. 9,000 for each trademark for e-filing or Rs. 10,000 for physical filing, as notified in 2017; check the current Schedule), (4) Registrar EXAMINES the application — checks for: valid assignment, no public confusion, compliance with sections 40 to 42, (5) If satisfied: Registrar registers the assignment and enters the assignee's name as new proprietor, (6) Until the application is filed: the assignment is ineffective against a person who acquires a conflicting interest without knowledge of it (section 45(4)) — the assignor's name remains on the register.

Restrictions in sections 40 to 44: (1) Assignment must NOT create exclusive rights in MORE THAN ONE person for the SAME goods/services in the SAME geographical area — unless the Registrar approves with conditions, (2) Assignment must NOT MISLEAD the public or cause CONFUSION — if consumers would be confused about the origin of goods after assignment, the Registrar may refuse, (3) For associated/linked trademarks: all associated marks must be assigned together — partial assignment of associated marks is not permitted (section 44), (4) The assignment must be in WRITING — oral assignments are not registrable.

ASSIGNMENT: PERMANENT transfer of OWNERSHIP — the assignor gives up all rights. The assignee becomes the new owner with full control. It is a one-time transaction. LICENSING: TEMPORARY permission to USE — the owner (licensor) retains ownership and grants the licensee permission to use the mark for a specified period, territory, and purpose. The licensor maintains quality control. Assignment is like selling a house; licensing is like renting it. For trademark licensing: the licensor must maintain quality control — otherwise the trademark may become generic or be cancelled for non-use.

Under GST: (1) PERMANENT transfer of trademark rights: 18% GST (supply of services — Heading 9973), (2) TEMPORARY transfer (license): 12% GST (Heading 9973). The assignor/licensor must issue a tax invoice with GST. The assignee/licensee can claim Input Tax Credit (ITC). For CROSS-BORDER assignments: if the assignee is outside India and payment is in convertible foreign exchange: the transaction may qualify as EXPORT OF SERVICES (zero-rated — no GST, with ITC refund available). For import of trademark rights: the Indian party pays IGST on reverse charge basis.