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State fees raised considerably in Ecuador

28.12.2012

Ecuador has passed a decision to raise registration fees for patents and trademarks. The fee hike is indeed drastic: some of the prices have increased by over 36 times.
 

However, the increase will not affect everybody.Namely, a 90% discount will be made to independent inventors, small and medium-sized companies, universities and public institutions.  Thus, new high fees mostly concern large businesses and foreign corporations; this, however, will hardly favour Ecuador's economy, as it is likely to scare off foreign investors.

Source:http://blog.patentology.com.au/2012/11/ecuador-goes-it-alone-with-massive-fee.html