November 22, 2016
Indonesia’s new Patent Law, which was enacted on August 26 of this year changes how annuity payments are calculated. Annuity payments are now due at the beginning of the protection period, in order to receive protection for the following period. This change from the past system, under which annuity payments were due at the end of each protection period, left patent owners with many questions about how their payments would be impacted under the new law.