Services for Patent Renewal: Preserving Your Patent Rights
Services for Patent Renewal: Preserving Your Patent Rights
Blog Article
Protecting your invention doesn't end with getting a patent. A patent needs to be renewed every year in order to preserve exclusive rights. Patents in India are granted for 20 years, but in order to maintain their validity, renewal fees must be paid annually starting in the third year.
If a patent is not renewed on time, rights may lapse, and others may manufacture, use, or sell your invention without facing legal repercussions. Many companies and inventors depend on expert patent renewal services to prevent this.
These services reduce the possibility of losing protection as a result of carelessness or error by making sure that all deadlines are fulfilled, forms are filed accurately, and fees are paid on schedule.
Typical Features of Patent Renewal Services:
keeping an eye on the due dates for renewals
submitting Form 4 to renew a patent
Making payments to the Indian Patent Office
Handling restoration requests or late renewals (with a fee)
Providing status updates, documentation, and reminders
Fee Schedule: Depending on the type of applicant, renewal fees differ.
Individuals and startups: between ₹800 and ₹2,000 annually
Small Organisations: ₹2,000 to ₹5,000 annually
Others (like businesses): ₹4,000 to ₹10,000 annually
Although there is a six-month grace period with a late fee, it is best to renew on time to avoid this.
In conclusion, maintaining the commercial and legal value of your invention requires patent renewal. Through the use of reliable renewal services, businesses and innovators can concentrate on expansion while guaranteeing that their intellectual property assets are completely safeguarded and enforceable for the duration of the patent.