Patents and trademarks are important intangible assets of an enterprise. Annuity management is an indispensable process for maintaining important intellectual property rights of enterprises. Especially for enterprises with global layout, due to the complexity of currency, deadlines and laws in the world, enterprises need to spend a lot of human resources to manage annuity fees.

Complexity of Annuity Management

180

Currencies

18,000

Official Fees

200+

Jurisdictions

200+

Local Supporting Agencies

38

Jurisdictions without Relief Procedure

1,040

Deadlines

100

Law Updates Each Year

$150,000

Average Cost to Achieve a Patent Family

$120,000

Average Cost to maintain a Patent Family

Most companies choose to use a professional annuity management firm to avoid any loss in intellectual property.

Critical Components of World Class Annuity Service

Customer Service and Local Supporting Agency

Data Quality and Accuracy

Data Process and Support

Payment Guarantee

Law Monitor

Portfolio Management

Risk Management and Compliance

Financial Stability