Ukraine: Patent

Patents Comparative Guide for the jurisdiction of Ukraine, check out our comparative guides section to compare across multiple countries

On May 1, a significant update in intellectual property law took effect with the implementation of Resolution No. 6237 issued by the Ministry of Economy of Ukraine.

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One of the main concerns of many foreign rights holders in Ukraine is the issue of extending the validity of a trademark certificate and the status of previously registered patents.

Meanwhile, the Ukrainian People's Republic proclaimed its independence in 1918.

With effect from 19 August 2016, the National Bank of Ukraine (the "NBU") abolished the requirement for Ukrainian residents to obtain a price evaluation act – an approval from State Enterprise "State Research and Information Centre for International Commodity Markets Monitoring" ("Derzhzovnishinform") – for cross-border payments for purchases of IP rights from foreign residents for the value exceeding EUR 50,000.

On 23 August 2016, the Ukrainian Government (the "Government") green lighted the winding up procedure of the State Intellectual Property Service of Ukraine (the "Service"), and transformation of State Enterprise "State Intellectual Property Institute of Ukraine" (the "UAPTO") into governmental organization – duumvirate of regulatory bodies, which were regulating the intellectual property system in Ukraine since 2011.

With effect from 19 August 2016, the National Bank of Ukraine (the "NBU") abolished the requirement for Ukrainian residents to obtain a price evaluation act – an approval from State Enterprise "State Research and Information Centre for Monitoring International Commodity Markets" (Derzhzovnishinform) – to make cross-border payments for the purchase of services and IP rights from foreign residents in the amount exceeding EUR 50,000.