Patent Registration (IPR)
Patent Registration in India
Be a Legal Owner of your Invention & Protect it
- Provisional Patent Application – ideal for Early Stage of R & D and Ideas
Starts @ Rs 39,999/- ( Time taken 7-10 days)
- Complete Patent Application – for Completed Project
Starts @ Rs 79,999/- ( Time taken 12-15 days)
Patent Registration at a glance
A Patent is an exclusive set of rights granted by the Authority to the Applicant of an invention for a period of 20 years under the Patent Act in India.
Patent is a legal document, which gives an inventor the exclusive right to make, use, and sell an invention for a specified number of years.
What is patentable?
To qualify for a patent, the invention must meet three basic tests.
- First, it must be novel, meaning that the invention did not previously exist.
- Second, the invention must be non-obvious, which means that the invention must be a significant improvement to existing technology. Simple changes to previously known devices do not comprise a patentable invention.
- Finally, the proposed invention must be useful. Legal experts commonly interpret this to mean that no patent will be granted for inventions that can only be used for an illegal or immoral purpose.
Send your Requirement here
Advantages of Patent Registration in India
Protects Invention, Ideas and Concept
Patent Is an intellectual property which protects your invention and prevents other to use it without your prior permission. Ideas and Concept also eligible.
Right Preference for first applicant
Even first step of patent registration, i.e. patent filing itself (Provisional Application) security and surety that no other person could claim the same invention for 12 months. After which non-provisional application has to be filed with complete claims and description. Meanwhile, If someone tries to claim the invention as theirs, then their request will get rejected for filing period.
Exclusive Access
You got exclusive right for 20 years. Therefore the patent holder retains an absolute monopoly on product or process for the period of patent.
Earn Royalty
Patent rights can be licensed to other companies to receive royalty payments
Sell or Transfer against Consideration
You can sell or transfer the patent right to other against fair consideration.
Helps in Building business
With your patented innovation, you can use it to grow your business
Intangible Asset
A patent is an Intangible assets in Books of accounts like other Fixed Assets. Its value in the Books recorded at Cost Model or Revaluation Model. For More details of Valuation See Accounting Standard 26 issued by ICAI.
