The Kingdom of Saudi Arabia and United Arab Emirates are expected to implement the Valued Added Tax (VAT) effective January 1, 2018. The VAT will apply to goods and services at the standard rate of five percent, with some limited exceptions on basic food items, healthcare and education. Source: Saba IP
The Saudi Trademark Office announced an increase in the official publication fees for the recordal of assignment, license, mortgage, limitation of goods, amendment of mark, merger, change of name, and change of address. The fees will increase two to three times the current level. Source: Saba IP
Effective September 29, 2016 new official fees for trademark related matters will be applied on all new as well pending applications that are still awaiting examination. In addition to the increase in fees, there will also be a substantial number of procedural changes implemented that are related to opposition.
Effective March 24, 2016, new official publication fees for renewal of trademark registration was implemented. The Saudi trademark office raised the official publication fees from SAR 300 to SAR 3,000 for each class. The total official fees for trademark renewal per class are 6,000 SAR or $1,600 USD. As reported earlier, the renewal of trademarks need to be filed and completed online.
Effective immediately all applications for trademark renewals in Saudi Arabia must be filed online. The change to online filing comes with a substantial increase in publication fees which are 10 fold the current level. The Protection Period for trademarks is 10 Hijri years (approximately 9 years, 8 months) from the filing date, and renewable for like periods. The filing requirements for the renewal of Trademarks in Saudi Arabia include: POA (legalized) and a certificate of registration for endorsement. The grace period is six lunar months.
Effective January 1, 2016 a new calculation of PCT National Phase annuity years was implemented. The new calculation stipulates that the annuity year starts from the international filing date of the corresponding PCT application. Furthermore, the Patent office states that all pending annuities are due for payment during the period from January 1st to March 31st 2016. The patent term for Saudi Patents through PCT applications is 20 years from the international filing date.