Following the enactment of Law No. 13 of 2016 on Patent ("New Patent Law"), the Ministry of Law and Human Rights recently issued Circular Letter No. HKI-3-08.OT.02.02 of 2016 on the Transitional Period of Patent Maintenance Fee Payment from the old Patent Law (Law No. 14 of 2001) to the New Patent Law ("Circular Letter").
As mentioned in our previous client alert, the New Patent Law shortens the procedure and period for paying maintenance fees. The first annual fee payment must be made within six months after the Patent certificate is issued.
In light of the above, the Ministry of Law and Human Rights has set out further specific rules to regulate maintenance fees as follows:
The effective date of the New Patent Law is 26th August 2016.
Hadiputranto, Hadinoto & Partners, Member of Baker & McKenzie International - 18th october 2016
Capital: Jakarta
Population: 259 million (2016)
Currency: Indonesian Rupiah
Nominal GDP: $936 billion USD (IMF, 2016)
GDP Per Capita: $3,620 USD at Current Prices (IMF, 2016)
GDP Growth: 5.0% (2016)
External Debt: 36.80% of GDP (BI, Q2 2016)
Ease of Doing Business: 91/190 (WB, 2017)
Corruption Index: 90/176 (TI, 2016)