Following the recent amendments to trade mark renewal fees and requirements under Decree 586, on 3 February 2025 the Libyan Ministry of Economy officials provided further updates regarding foreign trade mark owners operating in the country.

Revised Renewal Fees for Foreign Entities

For foreign trade mark owners, guidance has been given that the renewal fee has been set at USD 2,000 per year for a single trade mark in one class. Owners may either pay the full ten-year renewal fee of USD 20,000 upfront or opt for annual instalment payment. The first instalment is due at the time of renewal, with subsequent payments required on or before each annual renewal due date. A six-month grace period is available only for the first renewal.

As far as we are aware, the yearly payment option is not included in the amendment to the decree.

Publication and Certification of Renewals

Following the renewal, the Trade Mark Office will publish the renewal application electronically and issue a certificate ensuring that trade mark renewals are properly recorded and accessible to all interested parties.

Given the complexities introduced by these regulatory updates, we strongly advise trade mark owners with affected filings in Libya to consult with our renewals department for tailored guidance on their portfolios and compliance obligations.