News archive


State fees raised considerably in Ecuador


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.