Atif, If you are installing/setting up your Office 2016 for the first time, it appears that you have not been provided with the correct Product Key by the vendor. You will need to go back to the vendor. If this is not the case please come back and provide more information on what you are trying to do. Cheers.
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Robert Flynn 21. Nov 14, 2021, 3:02 PM. Office 2021 LTSC 64bit MAK activation fails. Event viewer shows multiple event id 1004 Security-SPP "the Software Protection service has successfully installed the license. Followed by Event 1017 activation failure with last digits of MAK key.
However, the message on top of the Office applications are still: (Product Activation Failed). I added my computer to the account in File/Office Account (using Manage Account). I don't have a Product Key (or the one I had is/was invalid, I don't know). The message I see is: "This product is unlicensed.

Partial Product Key: GMQW8 Activation Error: 0xC004C003 ===== == Office 16, Office16ProPlusVL_KMS_Client edition Office 16, VOLUME_KMSCLIENT channel SKU ID: d450596f-894d-49e0-966a-fd39ed4c4c64 Partial Product Key: WFG99 Activation Error: 0xC004F074 ===== == Office 15, OfficeO365HomePremR_Grace edition Office 15, RETAIL(Grace) channel

The problem with Pro Plus versions of Office is that when initially installed they do not create an Office Account from where you can reinstall Office unlike retail versions of Office 2013/2016/2019 and Office 365, which do have an Office Account. Although, of course the email address and password for a Microsoft Account must be used to install
how to unprotect excel sheet without password? You can use PassFab for Excel to remove protection from Excel workbook or sheet and recover forgotten opening
Office 2021 is a one-time purchase subscription, if you only assign an Office E1 subscription, you cannot activate Office 2021 apps. In addition, desktop apps are not included in Office E1 subscriptions, so users who want to use Office 2021 for Mac standard need to purchase an Office 2021 subscription. Thanks for your cooperation.
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    • microsoft office professional plus 2019 product activation failed