Registration of trademarks in Libya
Libya is an Arab state, located within the territory of the African continent. The main advantages of trademark registration in this country are large number of population and poorly developed economic sector, so that the new brand on the market will have almost no competitors from among local organizations.
It is possible to register trademark in Libya with the help of Law&Trust. The company guarantees professional competence of its employees, as well as strict compliance with the privacy policy.
Libya does not participate in such economic systems as APIRO and OAPI, and it is not a party to the trading area created by the Madrid Agreement. In view of the abovementioned, registration of trademark is possible only according to the national procedure, which ensures full legal protection of the logo in the territory of the country, but not beyond its borders.
All legal spheres of activity are allowed in the state, therefore any organization can apply for patenting of trademark.
Documents for registering a brand name in Libya
There are two methods of registration in the territory of Libya:
- Registering logo of the company, which already operates in any other country or group of states.
- Registering trademark by natural person, and subsequently establishing company in Libya.
In the first case, you will need large documentation package. The applicant should send the copy of his passport, the application for registration of trademark, as well as the power of attorney to our lawyers. The remaining official documents are collected by our specialist. The quickness of the procedure depends on the scale of the company itself, the number of its directors and branches, the type of activity, the level of turnover, the number of accounts in banks and miscellaneous factors.
The standard package includes the following:
- Passports of all co-owners and directors, and also shareholders, and less often - investors.
- Extract from the state register of businessmen and the tax services.
- Copy of the Charter and protocol, data from the accounting department on the number of employees.
- Details of the bank account and confirmation of its activity.
Full list of documents can be clarified with the lawyer by contacting him in chat or by phone.
In case of registration of trademark by natural person, you need to wait for positive decision of the commission and establish business in the field of activity that suits you best. If the trademark is not used within five years, it may be canceled. Natural persons submit only passport, extract from the bank, as well as information on employment.