What is the meaning of patent annuity?

Maintenance fees or renewal fees which are paid annually to maintain a patent are referred to as annuities. Some countries require the settlement of annuity fees yearly others every 3 years. Some countries require the settlement of annuity charges a year after filing, while in other jurisdictions renewal fees are only required once the patent is accepted. Patents are jurisdictional rights, so there is no one size fits all.
Share this Post: