Frequently Asked Questions

What is the time period of Trademark renewal?

Trademark registration is valid for 10 years from the application date and must be renewed every 10 years thereafter, indefinitely. Renewals can be filed up to one year before expiry, with a grace period of up to 6 months after expiry available for late filing with surcharge fees.

can a outside India company list at BizzXchange Platfrom?

Yes, there is no juridictional limit of listing BizzXchange made. All over the world companies can list business buy sale at the platform.

Can trademark be tranfer along with business?
Yes, a trademark can be transferred along with the business through a process called trademark assignment, which is a formal agreement to transfer the trademark rights to the buyer of the business. This can include transferring the associated goodwill, or reputation and customer trust, allowing for a seamless continuation of the brand. This process is common in mergers, acquisitions, and business sales, where intellectual property, including trademarks, is part of the assets being transferred to the new entity.  

How it Works
  1. 1. Assignment Deed:
    A formal written agreement, known as a trademark assignment deed, is executed between the seller and the buyer to legally transfer the ownership of the trademark. 

    2. Include in Business Transfer Agreement:
  2. The transfer of trademark rights is often included in the broader business transfer agreement for a smooth and comprehensive transfer of assets.

    3. Goodwill Transfer:
  3. The assignment can be done with or without the transfer of goodwill, but a transfer with goodwill ensures the new owner receives the established brand name and its associated customer base and reputation. 

    4. Registration with Trademark Registry:
  4. After the assignment deed is signed, the new owner must apply to the relevant trademark authority (Registrar) to officially register the change of ownership.

    5. Application to the Registry:
  5. The new owner files an application (e.g., Form TM-P in India) along with the assignment deed and the necessary fees to have the trademark registered in their name. 

    Common Scenarios
  • Mergers and Acquisitions:
    When companies merge or one company acquires another, the trademarks are often transferred to the new or surviving entity. 

    Business Sales:
  • When an entire business is sold, its intellectual property, including trademarks, is typically included in the assets transferred to the buyer. 

    Restructuring:
  • Companies undergoing restructuring or rebranding may also transfer trademark ownership within the company or to an external party
How platform work for Buyer?

1.Requirement-Identify your requirement.

2.Find Opportunities-Find opportunities through filter options.

3.Featured Businesses-View featured businesses on the site's dashboard.

4.Explore Business-Explore all featured and non-featured businesses in the "Business Opportunities" tab.

5.Contact sellers-Contact sellers directly through email or mobile number, or show interest using the "I AM INTERESTED" tab.


How seller or Business can make a profile on BizzXchange for my business?

Following steps may help in your profile

1.Sign-up-Sign-up as first-time user through mail ID and mobile No.

2.Login-Log in with your email ID and password.

3.List Business Details-List all your business details in the required fields.

4.Submit Business Details-Submit your details for platform approval.

5.Get Approval-The admin will approve and make seller listing live within a day.

6.Update Business Details-Sellers can effortlessly edit and update their business details through a user-friendly interface, for each edit profile will move to admin for approval.

7.Connect With Interested Parties-Buyers or interested parties will connect with you directly through email or mobile number, or you can check the "Interested Buyers" tab from your login.


Who can list on BizzXchange platform?

Floowing person can list

*Any person want to sell their running business

*Any business want to raise fund for their proposal via equity or debt funding but having running business and want to expending it.

*Some examples: Running Factory for sell, Running Company for sell, Running shop for sell, Running Hotel for sell, Business need equity, debt or prefrencial funding from venture capitalist or from investors.