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Portfolio management
Annual fees and renewals
Registered intellectual property rights are kept in force by payment of annuities and renewal fees. It is recommended to yearly review what the IPR portfolio contains when deciding if annuities and renewals are to be paid.
Renewal fees for patent applications and patents
For patent applications and granted patents, official annual fees, i.e. maintenance fees, must be paid in order for the application or patent to remain valid. The annual fees are to be paid separately to the relevant patent office in each country where the patent application is pending or where the patent has been granted. The term of the patent is 20 years from the filing date, provided that the annual fees have been paid on time. The timing of the first annual fee varies by country. In most countries, the first due date is 1 to 3 years from the filing of the application (e.g. Finland, EPO), while in some countries the annual fees do not become due until the grant of the patent (e.g. the USA). Our partner in patent and utility model renewal fees is CPA Global (formerly Patrafee Ab). Annual patent fees can increase towards the end of their term. Therefore, it is a good idea to verify that your patent portfolio is still in line with your company’s strategy and product portfolio. Reviewing the patent portfolio also helps to identify needs for renewal and supplementation of the patent portfolio. If a patent is no longer relevant, and cannot be sold or licensed, it may be worth considering to allow the patent lapse and invest in new patent applications.Utility model renewal fees
A renewal fee must be paid for Finnish utility models after they have been granted. The renewal fee must first be paid twice for four years and then for additional two years. The due date is calculated from the date of filing the utility application, from which the term of protection is calculated for a maximum of 10 years.Renewal fees for trademark registrations
Trademark registrations must be renewed every ten years. The renewal allows the protection to remain valid for the next 10 years. The last day on which renewal is possible is indicated in the registration information. We will remind you of the deadlines in advance.Renewal fees for design registrations
Model registrations must be renewed at regular intervals in order for the protection to remain valid. Typically, the time span is five years and registrations can be valid for a maximum of 25 years. The last day on which renewal is possible is indicated in the registration information. In some countries, such as China, instead of renewal, annual fees must be paid in order for the protection to remain in place. We will remind you of renewal and annual fees in advance .Domain Renewal
Domains must be renewed at regular intervals for the domain to remain valid. Typically, the time span is one year. The last day on which renewal is possible is indicated in the registration information.Renewal Fee
Boco IP submits an application for renewal to the authority or the domain operator used.
Supervision
Boco IP takes care of the supervision of the annual fee and the control of the renewal dates and handles all the measures related to the renewal.
Renewals
The intellectual property or domain has been renewed.
Reporting
Boco IP delivers an annual fee report to the customer.
Boco IP reminds of the need to renew trademarks, designs and domains as deadlines approach.
Pricing examples
Patent renewal fee example
Annual patent fees can increase towards the end of their term and are country dependent. Contact us to discuss more about patent renewal.
Trade mark renewal fee example
The price depends on the official fees of the agency of the country in question and the number of trademark categories covered (or renewed) by the registration
Design renewal fee example
The price depends on the fees of authority.
Would you like to get a preliminary price estimate for a service that best meets your needs?
Our solutions
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Jonna Sahlin
European Patent Attorney, Chairman of the board, Partner
+358 40 536 1037
jonna.sahlin@bocoip.com