The South African Companies and IP Commission (CIPC) had suspended the increase of patents and designs fees in South Africa which was due to take effect today, October 1.
This was revealed by the CIPC and made available on Monday 30 September to lawyers.
It will be recalled that CIPC announced in May that large corporate entities would pay increased fees for patent and design services in comparison to small, medium and micro-entities (SMEs).
Small, Medium and Micro-entities (SMEs) are exempted from the increased fee. SMEs as described by CIPC are companies that have fewer than 100 employees (up to 200 in certain industries) and a turnover of less than an amount between 4 million ZAR and 50 million ZAR ($281,734 to $3,521,675) depending on the industry.
In time past, patents and designs fees had been the same regardless of company size.
The change in fees would have seen the cost of a patent application jump from 590ZAR ($41.46) to 1,100ZAR ($77.48) for large companies.
The suspension is rather not sure if it’s temporary or permanent.