Qatar: The Ministry of Commerce and Industry has implemented Major Fee Reductions for Businesses in Qatar
Following our prior communication dated July 2nd, 2024 (Link), regarding the proposed reduction of commercial, industrial, business development and consumer protection service fees in Qatar, we are delighted to announce the official implementation of these significant changes by the Ministry of Commerce and Industry (MoCI), effective July 11th, 2024.
Applicants can now enjoy substantial fee reductions of up to 90% on a wide range of MoCI services. This encompasses crucial areas such as commercial registrations, patents, and design protection. This commendable initiative underscores the MoCI’s commitment to fostering a more dynamic and supportive business environment for both established companies and aspiring entrepreneurs. The reduced fees aim to stimulate economic activity, bolster Qatar’s competitive edge, and attract further investment within the nation.
Bahrain: Patent office signed a Memorandum of Understanding with US Patent and Trademark Office (USPTO)
In a landmark move for Bahrain’s intellectual property landscape, the Minister of Industry and Commerce recently signed a Memorandum of Understanding (MOU) with the United States Patent and Trademark Office (USPTO) to implement the Patent Prosecution Highway (PPH) system. This innovative program fosters collaboration by leveraging existing examination reports and minimizing the need for patent re-examination and evaluation.
This strategic initiative signifies a significant step forward in solidifying Bahrain’s patent system. It creates a more alluring environment for foreign investment, fostering a dynamic ecosystem that nurtures creativity and entrepreneurial spirit across all business scales. By expediting the patent approval process, the PPH system empowers inventors and businesses to bring their ideas to existence more swiftly, ultimately positioning Bahrain as a hub for innovation and progress.
Should you have any questions, or require any additional information, please contact us at info@jahcoip.com