The KIPO decided to sharply reduce the fees for registering a patent right/ a utility model right from January 1, 2008.
This is to reduce the fees for registering the establishment of a patent patent/ a utility model right (for 1st to 3rd years) and the fees for annual registration thereof up to the 9th annuity (from 4th to 9th years) by the average of 11%. Therefore, it is presumed that an owner of the patent right/utility model right can reduce the burden by about 11,400,000,000 Korea Won.
An individual inventor or a company shall annually pay the registration fees of the patent right/ utility model right to establish and to keep the right. The registration fees may be a considerable burden to the inventor or company. Therefore, the KIPO decided to reduce the registration fees to reduce the burden of the registration fees of the patent right/utility model right on the side of the individual inventor or company and to strengthen the accessibility to patents by people.
In the future, the KIPO will continuously establish the fee system of low-cost and high-efficiency to reduce the cost burden of a right owner in commercializing the patent/ utility model, by positively responding to the voice of customer (VOC) related to the patent fees and the like.
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