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Brief
On 13/01/2025, the Korea Intellectual Property Office (KIPO) issued an update regarding "Patent Fee System, This Is How It Will Change Starting This Year". The KIPO announced that it will expand the patent fee exemption for individuals and small business owners affected by disasters, with a maximum reduction of 90%. Additionally, the KIPO will extend the usage period of intellectual property points from 5 to 10 years.
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