Trademark Assignments of Rights

Entity in charge: Directorate General of the Registry of the Industrial Property of the Ministry of Commerce and Industries.

Time frame: between three months to a year.

Requirements:

1. Power of Attorney granted to the lawyer in Panamá by the new proprietor (Assignee) attested by a Notary Public.
2. If it is a Panamanian legal entity, certification of the Public Registry of Panama. 
   • Copy of the identification card of the company's legal representative.
3. If it is a foreign legal entity, Certification of Legal Existence of the Company. 
   • Copy of the identification card of the company's legal representative.
4. If the owner is a person, a copy of the personal identity card.
5. In the case of a foreign natural person, a photocopy of the passport.
6. Document of assignment duly executed by the proper officer of both companies before a Public Notary. If the document was issued abroad, if must be apostilled.

Additional Information:

• Documents that are not in Spanish must be translated by a Certified Public Translator in Panamá.

• Documents issued abroad must be apostilled or attested by a Notary Public and legalized by a Consul of Panama.
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Approximate Expense to pay at the Intellectual Property Department:

Additional Expenses:

Translations from English to Spanish:  USD 15.00 per page.

Legalization of documents at the Ministry of Foreign Affairs:  USD 4.00 per documents.

Other expenses:  USD 50.00

Legal Fee:  USD 500.00