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Amendments to Trademark Laws

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Jun 14, 2016 (Newsletter Issue 11/16)
United Kingdom
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Changes to Annual Fee Payment in Cayman Islands


The General Registry of the Cayman Islands recently announced that it will prohibit advance payment of annual fees. Practice Note No. 01/2016, which goes into effect on August 1, 2016, requires all trademark and patent annual fee payments to be made on or after January 1 of the year in which they are due. A penalty has applied and will continue to apply for fees paid after 31 March.

In the past, it has been commonplace to pay annuities well ahead of time, including for years in advance or up to the next renewal date. Mark holders will lose that option when the Practice Note goes into effect. Clients wishing to take advantage of prepayment of annuities must act to do so before the end of July 2016.

Source: Caribbean IP, USA