The new EU patent system enters into force

The EU Commission announced that the Unitary Patent System, which will make it simpler and easier for companies in Europe to protect their innovations and benefit from intellectual property rights, started from July 1.

In the statement, it was stated that the new patent system will increase the EU’s innovation and competitiveness and establish a single market for patents.

Noting that the Unitary Patent System would provide a single point for patent registration and application in Europe, it was stated that this would reduce costs, red tape and administrative burdens, and speed up procedures.

In the statement, it was noted that the system will allow companies and inventors to obtain a single patent valid in all participating countries for their inventions.

Noting that the new system replaces the complex structure of national patent laws and procedures, it was stated that this replaced the high costs and conditions in different countries.

10-YEAR PATENT RENEWAL FEE REDUCED TO LESS THAN 5000 EUROS

In the statement, it was reported that a new Unitary Patent Court (UPC) has been established with legal jurisdiction over existing unitary patents and European patents, which will allow companies to protect their patent rights more effectively.

Noting that the court will provide a more consistent legal framework in patent disputes, it was recalled that a single case in the new court will replace many simultaneous cases before national courts.

In the statement, it was reported that the 10-year patent renewal fee in participating countries was reduced from 29,000 euros to less than 5,000 euros.

Austria, Belgium, Bulgaria, Denmark, Estonia, Finland, France, Germany, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovenia and Sweden were included in the new patent system at this stage.

In 2012, the legal norms on the Unitary Patent System were accepted within the EU structure.