Is the transfer of patent rights tax-free
Subject to VAT.
Sales of services, intangible assets or Units and individuals with real estate are VAT taxpayers and must pay VAT in accordance with regulations.
How to transfer patent rights
Patent rights do not exist in the form of physical objects , is just a right that exists in law. So is the transfer of patent rights the same as the transfer of physical property? The following are several procedures for transferring patent rights:
1. Sign a patent transfer contract;
2. Register the patent transfer contract at the technology contract registration agency;
3. Go to the State Intellectual Property Office to apply for changes. Submit the transfer contract, the identity certificates of the patentee and assignee, and a copy of the patent certificate to the State Intellectual Property Office. Documents and legal status certificates, apply for a request for change of bibliographic items, and then the State Intellectual Property Office will make an announcement, and the patent right transfer will take effect.
4. Wait for the announcement. If the information is incomplete and there are missing items, you need to return and make corrections.
What are the taxes and fees for transferring patent rights? The patent owner should also know that the taxes and fees to be paid must be able to be paid in accordance with the law. Be a law-abiding taxpayer. If you have a dispute during the transfer of patent rights but don’t know how to deal with it, people in need may wish to consult on the Legal Savior Network website to find out.
