On the 14th July, the intellectual property office announced that a new digital renewal service for intellectual property rights has been launched, which is open to all customers.
The new service has been launched after a successful trial period which ran from April to December last year. The period saw an amount of £138 million worth of transactions being handled and over 550,000 individual intellectual property rights being renewed.
The IPO states that the new service slashes the time it takes to renew an IP right from 5 days to only 5 minutes. The service also allows for bulk renewals of differing IP rights of up to 1,500, including patents, trademarks and registered designs, all within a single transaction.
Intellectual property rights, such as patents and trademarks, all require renewal after a certain period of time, usually after so many years. With the new digital service, right holders are able to easily and quickly renew these rights online for the first time. Additionally, customers also benefit from automated electronic delivery of correspondence and receipts, certificates, and can complete transactions at the time and place that suits them.
The introduction of this renewal service is all a part of the intellectual property office’s newly established ‘One IPO Transformation’ initiative, whereby they aim to have a single system across the board for all IPO services. The Minister for Science, Research and Innovation has stated that “The IPO’s transformation plans will improve public access to and delivery of IP services for everyone. Our vision is to provide the world’s best IP environment, whilst delivering fast, flexible and high quality digital services that remove barriers to innovation and make IP rights more accessible and useful”.
The new digital renewal service can be accessed here: https://www.gov.uk/renew-patent-trademark-registered-design