Industrial Property fees 2023
October 20 2022
industrial property fees

Recently, the Colombian Patent and Trademark Office (CPTO) issued the Resolution No. 66173 of 2022, which amends the fees that applicants of IP rights –such as trademarks, patents, industrial designs, among others, – must pay within the administrative procedures. In general, the new IP fees had a not very significant increase of 10% compared to 2022 fees.  The new fees will be applicable from 1 January 2023.   On the other hand, unfortunately, as of 2023 the CPTO will eliminate the discount granted to youths between 18 and 28 years of age for the application to register a trademark for products or services. Therefore, entrepreneurs within this age range have until December 31 of this year to apply for this preferential rate.

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