This question has no predetermined value, therefore we cannot provide an accurate answer. We can, however, provide a general understanding of the cost incurred to assist you in understanding the structure of costs.
This means that the costs of filing a patent in India actually depend on your choice. That is, whether you decide to hire a patent agent or do it yourself.
As a result, filing a patent in India or obtaining a patent can be broken down into two cost components:
- Statutory Fee: The fee must be paid to the government.
- Professional Fee: A patent agent or firm charges this fee.
The Different Costs in Patent Registration in India
A company’s statutory fee varies from that of an individual investor. The cost of patent registration in India is dependent on the number of claims made and the number of pages in the specification. Additionally, it is necessary to pay a certain amount to the Indian Patent Office (IPO) after filing the application.
Overall Cost Estimate of Patent Registration in India
In order to file a patent application, you have to hire a professional patent agent for about INR 50,000-INR 70,000.
You can save money by filing patents by yourself (avoiding professional support can also let you down!)
If you file a patent application without the assistance of a patent agent or professional, the cost is much lower. Using a patent agent will assist you with patent research, drafting, and filing. Due to the fact that you would only pay the fees for the filing of the patent and patent prosecution, the cost is comparatively much lower.
The following is a breakdown of what it can cost. We’ll also look at what steps to take if you hire a professional patent agent at different stages. Apart from the mandatory government fees, the price depends on the professional who executes the work.
Stage 1: Cost of Invention Disclosure
Documentation of invention is the first and foremost step. Therefore, the researcher must gather all the details and particulars regarding the invention, the description, and diagrams, as well as any relevant experimental results, and submit them to the patent professional. Therefore, a form for Invention Disclosure Statements must be provided in such a way that they will prevent non-patentable inventions from occurring design registration form
Stage 2: Cost of Patentability Search or Novelty Search
This rule applies not only to patent registration in India but also worldwide, as patentability is determined by three factors – ‘new’, ‘invention step’, and ‘industrial application’. You should therefore conduct an exhaustive patentability search with the help of a patent professional before applying for a patent. In this way, you will be able to determine whether your invention satisfies the three criteria mentioned in the previous paragraph.
Inventors that demonstrate an inventive step, are novel, and are industrially applicable cannot be patented under Section 3 of the Patents Act 1970. According to Section 2(1)(a) of The Act, an inventive step is a feature of an invention that is not obvious to a person skilled in the art because it involves technical advances relative to existing knowledge or has economic significance, or both. Professionals charge different rates for detailed patentability searches.
Our patent filing services in India are also professional and reliable.
In order to conduct a patent search, you must either do it yourself (for free) or hire a professional. Professionals will charge a fee for their services.
Stage 3: Costs associated with patent registration in India
It is only up to you whether you decide to register a patent in India for your invention. Since there are different types of patent applications in India, you will have to choose one or more as per what is necessary for your invention.
You can apply for a patent if you think your invention satisfies all the above criteria, is technically advanced from the known prior art, and is commercially viable. A complete patent application, also known as patent drafting, is next. If your invention meets all of the above criteria, you can apply for a patent.
Stage 4: Cost of Patent Drafting
There is no doubt that drafting a patent is an extremely crucial job. Above all, it requires the drafter to possess the right mix of technical and legal knowledge. In many cases, the inventor files the draft on his own, focusing entirely on the technical side and neglecting the legal side. So here comes the role of an experienced patent professional, who can draft the patent application skillfully, covering both the technical details and the legal points.
An A patent professional adds extra value to any patent application, which is beneficial to you as well. You can hire a professional draftsperson (professionals charge accordingly) or create your own draft (for free).