In a proactive measure to potentially encourage individual patent applications, the Ministry of Industry and Commerce in Bahrain has implemented a fee reduction for certain patent-related services tailored for individual applicants. As per Decision No. 67 of 2023, these adjustments primarily focus on the charges associated with filing a patent application, its substantive examination, and the subsequent publication and grant for individual stakeholders.
It is important to note that, as of the current directive, these fee modifications are exclusive to the processes mentioned above. Fees pertinent to annuities and other related services have been retained at their existing rates. The newly adjusted fee structure was put into effect as of September 22, 2023.
This strategic move by Bahrain underlines the commitment to fostering a more accessible and economic environment for individual innovators and patent holders. Connect with us at news@sabaip.com for comprehensive insights and guidance.