Monday 15 April 2019

Things to Know Before Filing a Patent in Latin America

If you are an individual or a group willing to start a business in a place like Latin America, then knowing and understanding the business guidelines is the key. It is essential because one trying to do a business in a place like Latin America should know about filing a patent in Latin America, in order to attain a patent right. This is specifically different because, filing a patent in different parts of Latin America is different and will have diverse rules attached to it. Say for instance, IP reforms required for unitary price for filing in South America that has places like Brazil and Argentina is way too different in places like Peru, Columbia. This article contains information about the things to know by an individual even before filing a patent.

What is a patent?

A patent is generally regarded as a sole and whole legal ownership or a right to confer an authority over an invention. Getting a patent right over an invention is similar to attaining a registered trademark to use or sell the respective invention. It is a right granted by the government and can exclude others from mimicking it, and if does can be regarded as a file able legal offence.

General IP rules:

Attaining a patent for an invention, which belongs to an individual or an organisation and which is totally novel and unique is most important to safeguard the invention from being duplicated. Product protection, therefore can be attained through obtaining patent rights and here is the general procedure involved in attaining patent rights.
  • Any individual or an organisation seeking a patent should prove that the product is novel, unique and innovative.
  • An application, need to be dropped for any kind of IP filing. One should have an idea on the Unitary price for filing in Latin America, even before the procedure begins.
  • After applying for a patent, which is technically called as filing a patent in Latin America, verification of all the legal documents takes place.
  • Following the legal verification, of the documents, the application is published.
  • Once when the application is published and if it passes all the required IP standards, the organisation will get the patent for the invention.
Things to consider for Patent filing:

With a fastest growing economy in Latin America, several new establishments are popping up, which drop an application to attain patent rights. However the procedure followed is different in different parts of Latin America. Here are a few things worth knowing even before making a unitary price for filing in Latin America. They include:
  • The first and the foremost thing to do is to file an application and ideally in the native language, say Spanish, Portuguese.
  • The period for the patent applicability depends on the kind of invention. It could be explained by taking Brazil as an example where, say for instance patent terms are 20 years for inventions and 15 years for utility models from the filing date.
  • Also the average time taken by the government to prosecute a patent filing differs in different parts of Latin America.
For more information please visit: http://www.moellerip.com














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