The Japan Patent Office said Tuesday it plans to lower trademark and patent registration fees to cut the load on domestic companies amid competition from their foreign rivals and enhance trademark and patent protection.
The office intends to submit a bill to the Diet during the current session in a bid to implement the cut next year.
It plans to lower the trademark registration fee 25 percent from the present ¥37,600 ($317) per business category to ¥28,200 and the fee for renewal 10 years after registration from ¥48,500 to ¥38,800.
It would be the first trademark fee revision since 2008.
The patent registration fee meanwhile would be cut about 10 percent.
A trademark registration fee must be paid for each business category. If a trademark is to be registered for two business categories, the fee is doubled.