S$88 to transfer ownership from myself to myself ?
Went over to IPOS (Intellectual Property Office of Singapore) this morning to settle something that I should have settled long ago. Well, I am going to transfer the ownership of a trademark from myself to myself.
Sounds a bit weird? Alright, my previous sole-proprietary business owns a registered trademark. But I terminated the business early last year and incorporated a pte ltd company of the same name with myself as the sole director. So in order to continue using the previously registered trademark, I will need to transfer the ownership from the previous sole-proprietorship to the present pte ltd company. And in doing so, I need to pay S$88 to IPOS.
It seemed a bit funny that I had to sign off as both the previous and present owner, and pay S$88 just to transfer something from myself to myself.
Sounds a bit weird? Alright, my previous sole-proprietary business owns a registered trademark. But I terminated the business early last year and incorporated a pte ltd company of the same name with myself as the sole director. So in order to continue using the previously registered trademark, I will need to transfer the ownership from the previous sole-proprietorship to the present pte ltd company. And in doing so, I need to pay S$88 to IPOS.
It seemed a bit funny that I had to sign off as both the previous and present owner, and pay S$88 just to transfer something from myself to myself.