price matched

Save up to 80% today!

We have complete trust in our service, and we have never been presented with an invoice more cost-effective than ours. Therefore, we will be happy to match any offer that you present to us that has a lower total price per renewal than ours.
We offer price matching | PatentRenewal.comRequest a price quote

What you don't know about your current provider:

There is a good chance your current provider will say, "Our price per renewal is only 50 EUR, we are much cheaper, you should stay with us."
However, what they don't want you to know is that looking only at service fees will not properly reflect the real cost of their service. Instead, it is always recommended to only take total costs into consideration when renewing your patents.

Let us introduce you to the different cost categories of a patent renewal service, providing you with a transparent overview of where our efficiency comes from.
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01 / Official Patent Fees

An official fee is, in simple terms, tax.

IP owners have to pay this tax to the given jurisdiction of where their patent is.

Although patent laws can differ from country to country, in most jurisdictions, the official fees have to be paid annually. However, in other jurisdictions (such as in the USA), it is not paid every year.

25%
25%

This fee takes up 25% of the total renewal price and has to be paid in full, regardless of your provider; therefore, we can't decrease this cost for you.

02 / Handling Fees

A handling fee is the cost of outsourcing.

Most IP law firms outsource the patent renewal process to other IP providers who take care of the actual annuity payment.

35%
€80

Since we do not outsource the patent renewal process, the cost of the service is significantly reduced.

We charge a fixed, flat fee of €80 after every successfully renewed patent.

03 / Hedging & Transaction Costs

Since official fees are always required to be paid in the local currency of the given jurisdiction, there are transaction costs involved.

Since exchange rate risk can be high, IP law firms apply hedging - asking for a higher price in case of disadvantageous exchange rate changes.

15%
3%

PatentRenewal.com uses a state-of-the-art fintech solution to reduce transaction costs to a minimum.

We also apply hedging; however, we always RETURN the hedging fee if the exchange rate did not move to a disadvantageous position.

04 / Local Agent Fees

In certain jurisdictions, only local lawyers can submit the IP renewal payment. These are called local agents.

Some IP law firms use these agents in jurisdictions where they are not necessarily needed; often, they are overpriced.

25%
3%

We only use local agents when it is necessary. In those cases, we always try to get the most cost-effective provider as our partner.

Wherever possible, we do not use local agents for patent renewals.

Overview of IP renewals pricing

Overall, you can save up to 80% on your patent renewal costs.
100 %
75 %
50 %
25 %
Patent renewal costs comparison
Traditional IP Provider
PatentRenewal.com
25%
25%
Official Fees
35%
€80
Handling Fees
15%
3%
Transaction Fees
25%
3%
Local Agent Fees

Our price

We have complete trust in our service; therefore, we offer price matching to our customers.
If you can present an offer that is cheaper than ours, we will be happy to match that offer!
Service fee

No tiers, no plans, you pay only per patent successfully renewed, all included.

No sudden invoices or extra charges.

80 EUR
/ Renewed Patent
90 USD
/ Renewed Patent
70 GBP
/ Renewed Patent
560 CNY
/ Renewed Patent
11 000 JPY
/ Renewed Patent
120 AUD
/ Renewed Patent
600 DKK
/ Renewed Patent
800 NOK
/ Renewed Patent
850 SEK
/ Renewed Patent
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No Hidden Fees
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Price matching
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Transparent, flat fee pricing
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Low transaction fee
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Low local agent fee (if required by jurisdiction)
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100% transparency
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100% fairness