VENEZUELA
May 17, 2016
After increasing substantially the official fees, the Venezuelan Government has now approved a new official currency exchange rate with the US Dollar. As a result of that, the official fees to be paid may enjoy a more convenient exchange, so that payments are decreased.
The rate was effective on March 9th and affects payments for trademark renewals, transfers/assignments, licenses, patent and granting fees as well as payments of first annuities.