What subjects are the patent fees included in?

Patent fees that meet the capitalization conditions are included in the intangible assets account; Those that do not meet the capitalization conditions are included in the management expense account.

Intangible assets refer to identifiable non-monetary assets owned or controlled by enterprises without physical form. (International Accounting Standard IAS stipulates: Non-monetary assets held by an enterprise for producing goods, providing services, leasing to others or for management purposes. )

Identifiable intangible assets include patent right, non-patented technology, trademark right, copyright, land use right, franchise and so on.