Annuity payment

An annuity payment is a fee paid on a regular basis in order to maintain your patent and keep your rights to restrict others.

The annuity payment is also known as patent renewal payment enables the patent holder to keep their patents alive in the respective jurisdictions and to restrict others from using, making, selling, and importing your invention in a respective region or country.

Although patent laws can differ from country to country, in most jurisdictions the renewal fee is to be paid annually. However, in other jurisdictions it is only every third or fourth year. The most widespread example of this is the USA, where a patent holder has to renew their patents every 3.5 years.

Read more about...

Generate a patent forecast
Find out how to utilize the platform to generate forecast and cost-centric budgets.
Read Next
Add Power of Attorney
Discover how you can add and manage all your Power of Attorney documents on the PatentRenewal.com platform.
Read Next
Filter your search
Find out how you can filter your search on your PatentRenewal.com platform
Read Next