Short Reads

Reform of the Belgian tax system concerning patents and supplementary protection certificates

Reform of the Belgian tax system concerning patents and supplementary protection certificates

Reform of the Belgian tax system concerning patents and supplementary protection certificates

12.08.2015 BE law

On 17 July 2015, the Belgian Council of Ministers has approved the draft of a royal decree that will reform the system of patent fees for inventions and supplementary protection certificates.

The purpose of this decree is to simplify the tax system and to align it with the new provisions contained in the Code of Economic Law.

Also available in French and Dutch.

According to the Council of Minister’s press release, the main objectives of the reform are:

  • the increase of the attractiveness of the Belgian patent system by eliminating a few less profitable taxes,
  • the improvement of the quality of information that is made available to the public,
  • and the provision of adequate funding following the entry into force of the Agreement on the Unified Patent Court (UPC) and the creation a local division in Belgium, with a limited 10% increase of the patent maintenance fees. 

The draft has now been sent to the Council of State for its opinion.

Related news

14.10.2021 NL law
NFTs: New legal challenges on the horizon

Short Reads - Non-Fungible Tokens, widely known as NFTs, have recently gained much attention due to their role in the transfer of digital artworks. The market for NFTs grew from USD 13.5m in the first six months of 2020 to USD 2.5bn in the first half of 2021 and is still growing at an expansive rate. Notwithstanding their increasing popularity in the world of art, NFTs have many potential applications. In this blog Maciek Bednarski, Annemijn Witkam and Roderik Vrolijk explain what NFTs are and describe some of the legal challenges they will bring about.

Read more