It is very important to protect in the right way both the new technical solutions and any kind of invention adopting a proper step for the registration of a patent.
In Protectia, official agency of Industrial Property, we have an exhaustively experience and a great team of professionals specialized in every aspect of the matter. They will be able to assess the specific needs of every single case and adjust it to the different ways and international agreements, in order to guarantee our clients quality assessment and efficient management throughout all the process of registration and defence of the patent.
Patent registration in Bolivia: the process
The administrative authority of industrial property in Bolivia, which has, among others, the responsibility to register patents of inventions is the National Service of Intellectual Property (SENAPI, in Spanish).
The process for a patent in Bolivia follows various steps:
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The average time for a patent to be granted in Bolivia is 8 years. Once is granted the patent will be valid for a non-extendible period of 20 years. Besides, during the 20 years, annual payments must be done for the maintenance of the patent´s rights.
It is important to note that Bolivia is not part of the International Treaty of Cooperation in matter of patents called PTC. In South America, along with Bolivia, Venezuela, Argentina, Uruguay and Paraguay are not part of this treaty either. Therefore, holders of an international patent application, through the PCT cannot protect their rights with this agreement to the previous process of the granting. Also, they cannot benefit from extended time period regarding the formalization of the patent application in each one of these countries, usually within a period of 30 months from the date of application.
Therefore, in case of applying for a patent, if is needed an extension of the protection to Bolivia, the only solution is to apply claiming the prior application within the 12 months period established by the Paris Union Convention.
Why choosing Protectia for the registration of a patent in Bolivia?