How much is the tax on individual patent transfer? What is the process of individual patent transfer?
How much is the tax on individual patent transfer? What is the process of individual patent transfer? Single patent transfer refers to a contract in which the patentee, as the transferor, transfers the ownership or holding right of his invention-creation patent to the transferee, and the transferee pays the agreed price. So what is the tax on individual patent transfer? What is the process of individual patent transfer? What is the tax for individual patent transfer and what is the process? 1. According to the tax law, the transfer of patent right belongs to the transfer of intangible assets, and the business tax shall be paid at 5% of the transfer price. Other related taxes and fees include: urban maintenance and construction tax (7% or 5% of business tax or 1%), education surcharge (3% of business tax), other local fees, enterprise or individual income tax, etc. 2. What is the process of individual patent transfer? Where a unit or individual in China transfers the patent application right or patent right to a foreigner, it shall be approved by the foreign economic relations and trade department of the State Council in conjunction with the administrative department of science and technology of the State Council. Where the patent right is transferred for other reasons except in accordance with the provisions of Article 10 of the Patent Law, the parties concerned shall go through the formalities for changing the patentee in the State Council with relevant supporting documents or legal documents. The patent licensing contract concluded between the patentee and others shall be filed with the patent administrative department of the State Council within 3 months from the date when the contract comes into effect.