“NEVER MISS ANY DEADLINE… Let us manage your ANNUITIES”
Annuities are fees that a patent, trademark or copyright owner has to pay in order to renew their rights. Otherwise the applicant will lose all the rights before the regular expiration date. The amount and frequency of this renewal fee (or Maintenance fee) differ according to national or international law. Missing an annuity date can lead to the loss of patent protection and have a significant financial impact on your organization.
The Annuities and renewals management service enable clients to offload the complexity of their maintenance decisions, while minimizing the cost. Our Clients pay us a fixed monthly service fee. Missing an annuity payment can have dire financial consequences for the patentee. We manage annuities from the time a patent enters into the renewal cycle.
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A patent maintenance fee is an official fee that is payable at prescribed intervals to a national patent office. Failure to pay the renewal fee will result in the patent ceasing. Different countries have different ways and different amounts to submit their renewal fees. Few examples are given below:
|Countries||Timeline||Mode of payment|
|US||Applicant must pay at 3 to 3.5 years, 7 to 7.5 years, and 11 to 11.5 years after the date of issue of grant.||Pay online, by wire, payment confirmation by fax.|
|China||The renewal date each year is the anniversary of the filing date of the patent. There is no extended payment window – fees must be paid by the renewal date.||Bank remittance, postal office payment|
|Canada||Every year from the third year||Credit Card or Deposit account|
|Europe||Every year from the third year||Deposit account, credit cards, bank transfer|
Renewal fee must be paid between the 9th and 10th years after the registration date, and every 9th and 10th-year period, calculated from the registration date. Few e.g. of countries are given below.
Copyright needs no renewal till the author or the artist is alive but after their death 60 years counted from the year following the death of the author.
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