* Benefit of 5% discount on the total amount patent annuity fee where a lump-sum payment is made for 3 years or more than 3 years annuity payment
* Installment payment of trademark registration fees: (effective July, 2010)
10 years lump-sum basis or first and second payments for 5 years each
* Renewal of trademark registration simplified: (effective July, 2010)
No trademark renewal application fee and no longer an examination procedure necessary. Only renewal registration fee will be paid with a submission of a simplified trademark renewal application form.
--source: AJU Kim Chang & Lee
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