VENEZUELA
July 30, 2015
On May 5, 2015, the Venezuelan PTO published the new increased fees for all IP matters in Venezuela.
The new increased fees are exorbitant and the local association of Industrial Property Agents filed an appeal with the Supreme Court hoping to block the increase in official Fees. As of May 28, 2015, foreign applicants/owners will have to pay such fees in US Dollars directly to the PTO's account.