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INTELLECTUAL PROPERTY NEWS



December 07, 2016
Amendments to the Statute on Patent Fees in the Republic of Belarus

The Law of the Republic of Belarus "On amendments and additions to the Tax Code of the Republic of Belarus" signed by President of the Republic of Belarus on October 18, 2016 and amending the Statute on Patent Fees in the Republic of Belarus comes into force on January 1, 2017.

The major amendment introduced by said law and affecting intellectual property field is associated with de-dollarization of the Belarus economy prescribed by Tax Code. With this regard official fees earlier fixed in the US dollars will now be fixed in the rates of the basic value of the Republic of Belarus. As the result of the introduced changes the overall fee structure of patent and other fees in Belarus has remained unchanged and the fees increased approximately by 20 percent.

The law also provides the order of crediting the overpaid fees as well as patent fees received for the legally significant action that has not been accomplished that had not been stipulated by the law before.


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