At SMAS-IP, we value creativity and innovation and since 1964 this has been at the core of our service provision with the desire to preserve our clients’ Intellectual Property rights. The role of IP rights in economic development cannot be over-emphasized and it is against this background that we are dedicated to fulfilling this reality through our services in the Arab World. As a firm we do not only operate in the MENA region but worldwide through our strong business associates and cooperation with famous global IP firms.
SMAS-IP has a track record of innovative service delivery. With over 50 years of continued professional legal service we have a rich heritage, but our thinking remains broad-minded.
The ministry of Trade & Industry released a note on the 8th of July 2019, stating that the trademarks publishing fees will be subject to an increase that will be effective starting from the 8th of August 2019.
With the last changes on the Implementing Regulations of Turkish Industrial Property Law which has been entered into force on the 8th of July 2019, the obligation of submission of the notarized signature declaration (for natural entities) and notarized circular of signature (for legal entities) for certain important transactions has been abolished. The related transactions are listed in the table below:
The government agreed on the changes affecting the patent procedures that aim to ease the latter. In other news, the Trademark and Industrial Designs Office released a note that all the IP services are henceforth subject to a 14% Value Added Tax (VAT), applied on the official fees, as prescribed by Law 67/2016.
The Ministry of Industry and SMEs annouced an increase in all the fees for trademarks, patents, and designs procedures. The increase is of 100% for trademarks, 30% for patents, and 20% for designs.