“Licensing means renting or leasing of an intangible asset. It is a process of creating and managing contracts between the owner of a brand and a company or individual who wants to use the brand in association with a product, for an agreed period of time, within an agreed territory.”



The management of licensed product can be a complex area that requires a high degree of attention to detail, fast turnaround and efficient administration and tracking systems. The team at Thai-MIS are well used to this specialized area of business having assisted and developed license management software applications covering all the key areas, including; License contracts; Product Approvals; Minimum Guarantees; Manufacturing Agreement; Royalty declarations and forecasting etc.