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Amendments to Trademark Laws
Feb 29, 2024
(Newsletter Issue 2/24)
Lebanon
Show Country Survey
New Trademark Regulations Implemented
Lebanon has recently enacted the new Budget Law No. 324, which introduces changes to the structure of intellectual property rights and the duration of trademark protection. These changes took effect on February 15, 2024.
According to Article 32 of the new law, the duration of trademarks protection has been shortened from 15 to 10 years. This change will only affect new trademarks registered after the promulgation of the law. Existing trademarks will maintain their 15-year term. Renewals for newly registered trademarks must be processed after a period of 10 years from the registration date.
In addition to this change, there has been a substantial increase in the official fees for filing, registration, renewal, and recordal of intellectual property rights.
Source: www.agip.com, www.sarkis-ip.com
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