Everything you should know about International Patent Compliance
The World Intellectual Property Organization (WIPO) is one of the United Nations’ specialized agencies, with the mission of promoting and protecting intellectual property across the world via collaboration with nations and other international organizations.
The World Intellectual Property Organization (WIPO) has an international “Patent Cooperation Treaty” (PCT) that has been approved by at least 153 nations, including the United Arab Emirates. A PCT application is the process through which applicants can seek worldwide patent protection for their inventions. International patents are granted as an exclusive right granted for an invention, which provides a new method or industrial applicability.
Instead of submitting individual applications to each member nation, the integrated system lets applicants to file a single application under the PCT to seek patent protection in several countries. Such a procedure allows an applicant to save time and money while also allowing them to process patent protection on an internationally in a very simple and straightforward procedure.
We’ll go over the necessary stages of an international patent application under the Patent Cooperation Treaty in this article. An international Patent application will go through two essential stages.
National phase
The first stage of a PCT application is known as the ‘National phase,’ and it includes filing the application with the patent office of a particular nation that is one of the treaty’s 153 signatory nations. As a result, if a patent applicant wanted to defend his patent application worldwide, he would begin the first phase, or national phase, of the PCT application by filing with the patent office. The applicant must submit a PCT application that meets all of the requirements and includes all of the requisite payments.
International Phase
The application will be examined according to the patent laws of all the international nations selected by the applicant on the PCT application in the following phase of the international patent application. As a result, this stage is known as the ‘International Phase.’
A deferment period of up to thirty months is available to applicants who file a PCT application, which is one of the main reasons for the popularity of PCT or International Patent applications. Because it may help applicants to take use of their deferred time period to find viable investors or commercial IP monetization deals for their invention. The applicant may opt to develop their idea further or not pursue their patent application further if they wisely use this period.