LICENSING OF INVENTION/UTILITY SOLUTION

Licensing of an invention/utility solution means the permission by the owner of such invention/utility solution for another organization or individual to use the invention/utility solution within the scope of his/her use right. Licensing of invention/utility solution must be established in the form of written contracts (herein after referred to as “license contract”).

According to the IP Laws 2005, license contract of invention/utility solution is legally valid for a third party from date IPVN accepts for registration.

REQUIRED DOCUMENTS FOR LICENSING INVENTION/UTILITY SOLUTION (THROUGH A DONG IP)

According to the provisions of Circular 01/2007/TT-BKHCN, the below documents are required to licensing invention/utility solution:

+ The license contract;

+ Written consent of co-owners to the license of invention/utility solution, if those invention/utility solutions are under common ownership;

+ Power of attorney.

Result: If a dossier for license of invention/utility solution 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 license of invention/utility solution.

Time frame and procedure for licensing invention/utility solution in Vietnam: about 6 – 8 months from the filing date.

Please contact us:

A DONG IP – TRANSLATION – CONSULTANCY COMPANY

Room F2&F3, No. 2 Phung Khac Khoan Street, Da Kao Ward, District 1, Ho Chi Minh City, Viet Nam

Tel: 84-28 3926 0120 – 39260125

Email: consultant@a-dong.com.vn; info@a-dong.com.vn

Website: adong-ip.com