There are several steps to accurately determine filing costs with a USPTO patent cost calculator. USPTO patent filing can often be a time and cost-intensive process that must be carefully planned. Every year, thousands of provisional, design, and utility patent applications are submitted every year. Of course, the costs associated with every application are different. While it is nearly impossible to calculate exact costs, you should get a ballpark idea of what you’ll end up spending throughout the process. This way, you can properly prepare your finances for IP acquisition – ensuring peace of mind throughout the process. Read on to learn about determine filing costs with a USTPO patent cost calculator.
Choose A Filing Option
First off, think about your filing option when using a patent cost calculator. To submit a quality patent application at reasonable prices, you should partner with a USPTO-registered agent or attorney. These licensed practitioners offer affordable, sometimes even flat-fees for patent filing services. With their support, you’ll have transparency and clear visibility into costs from the very start of IP filing. This way, you can better prepare your funds to swiftly move through the patent registration process. Surely, input your preferred filing option into your USPTO patent cost calculator.
Determine The Type Of Application
The type of application you choose to file will greatly impact your USPTO patent cost calculation. Different types of patents vary widely in cost. For a provisional patent application (PPA), for example, you can expect to pay around $275. A design patent New Mexico, on the other hand, will cost about $1,200. For full patent protection, you’ll need to acquire a non-provisional, utility application. These cost around $3,000 – plus a $455 government filing fee. Certainly, enter your needed type of application into your USPTO patent cost calculator.
Factor In Post-Filing Expenses
You should also think about post-filing expenses when calculating patent costs. After your initial application is submitted, it may be rejected by the USPTO. This may require additional updates or revisions that highlight your inventions uniqueness, originality, and novelty. These are called as USPTO office action responses. Depending on your filing method and action required, these prompt responses may cost extra to prosecute. Oftentimes, patents have to go through at least three rejections before the application is finalized. Indeed, think about post-filing expenses when you calculate patent prosecution expenses.
Consider Your Legal Filing Status
More, your legal filing status can also impact USPTO patenting costs. The type and classification of filer has a major impact on final costs. Ultimately, individuals pay the least for patent prosecution. Small businesses and product startups will pay slightly more than these solo-inventors. Large companies and enterprise corporations ultimately pay the most for patenting services. This is primarily because these companies have tight deadlines, rigid restrictions, and complex invention ideas. Simultaneously, they’ll likely require more support and research throughout the process. Absolutely, consider your legal filing status during patent cost calculation.
Evaluate Invention Complexity
Furthermore, it also helps to think about your invention’s complexity during USPTO patent cost calculation. If your product exists in a crowded marketplace, it will likely cost more to secure intellectual property rights (IPRs). After all, your application will likely need to go through rigid preparation process, along with numerous USPTO office action responses. This level of complexity true on popular inventions in the software, electronics, imaging, or medical device space. Definitely, enter invention complexity figures into your USPTO patent cost calculator.
There are several key steps to precisely determine filing costs with a USPTO patent cost calculator. First off, think about your specific filing option. The type of application will also significantly impact filing costs. After all, the prices greatly vary for provisional, design, and USPTO utility patent filing online. You also need to factor in post-filing expenses. The cost of office action responses and application maintenance can add to your estimated budget. More, think about your company’s legal filing status. Further, take some time to think about your invention’s filing complexity. Follow the points highlighted above to learn about determine filing costs with a USTPO patent cost calculator.