Patent fees can be reduced by up to 85% from next month

Abstract In order to reduce the burden of patent applications and maintenance for enterprises and individuals, the Ministry of Finance issued the “Measures for the Reduction of Patent Fees” yesterday. Since September 1, 2016, the reduction of contributions can reach up to 85%. The "Measures" stipulates that the application fee (excluding the publication of printing fees, application attached...
In order to alleviate the burden of patent applications and maintenance for enterprises and individuals, the Ministry of Finance issued the “Measures for the Reduction of Patent Fees” yesterday. Since September 1, 2016, the reduction of contributions can reach up to 85%.
The Measures stipulate that for the application fee (excluding the publication of printing fees, application for surcharges), the substantive examination fee for invention patent applications, the annual fee (annual fee for six years from the date of grant of the patent right), and the review fee, the monthly average of the previous year Individuals with incomes below 3,500 yuan (42,000 yuan per year) and enterprises with taxable income of less than 300,000 yuan in the previous year, as well as institutions, social organizations, and non-profit scientific research institutions, may be reduced by 85%. If two or more individuals or units are joint patent applicants or joint patent holders, the payment shall be reduced by 70%.

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