Patent Renewal Services: Ensuring Continuous Protection for Your Innovation

Patent Renewal Services: Ensuring Continuous Protection for Your Innovation

Blog Article

An essential component of preserving the legal rights presented by a patent is patent renewal. Although obtaining and filing for a patent are necessary first steps, those rights only last as long as the patent is routinely renewed in accordance with the Indian Patents Act, 1970. If the renewal fee is not paid on time, the patent may lapse or expire, leaving your invention vulnerable to public use.

A granted patent in India is good for 20 years after the date of filing. However, beginning in the third year, the patentee must pay yearly renewal fees to maintain the patent's validity. At the start of every succeeding year, the renewal is due. As permitted by the Act, fees must be paid either prior to the due date or within the six-month extension (with a late fee).

The type of applicant determines the renewal fee structure:
₹800 to ₹2,000 annually for startups and individuals

For small entities, ₹2,000 to ₹5,000

For others, ₹4,000 to ₹10,000

IP experts and companies provide patent renewal services to make sure that these payments are monitored and made on schedule. Usually, these services consist of:

Monitoring deadlines

submitting renewal paperwork (Form 4)

Paying the Patent Office

Managing restorations and missed deadlines, if any

Providing legal assistance and status updates

Outsourcing renewal management lowers risks and administrative workloads for companies that manage several patents.

In conclusion, renewing your patent is a legal necessity to preserve your exclusive rights, not merely a formality. Prompt renewals guarantee that your patent will continue to be enforceable and to benefit your company or portfolio of inventions. Protecting your innovation investment and gaining peace of mind are two benefits of using expert patent renewal services.