INPI launches updated guidelines for registration of technology transfer agreements

On December 30, the National Institute of Industrial Property (INPI) released a minutes on the meeting convened by the president of the municipality (Sei Inpi 0747049).

At this meeting, new guidelines were discussed and presented to simplify and make the process of registration and registration of less bureaucratic technology transfer contracts.

Changes, proposed by Licensing Executive Society (LES) and the International Chamber of Commerce (ICC), are a major advance in the contract registration and endorsement procedure and technology transfer, making it less complex Transactions in Brazil, stimulating technological innovation and investments in the country.

Among the important decisions made by INPI are:

• Permission for unlawful technologies (know-how), since the registration of contracts that provided licensing was not allowed, only the transfer;

• accept digital subscriptions without ICP-Brazil certificate, as well as without the need for e-notoring or e-posile;

• revocation of the obligation to include two witnesses when the contract is signed in a Brazilian city;

• Revocation of the need for notorization and handout/legalization of foreign signatures;

• Waiver of the presentation of Statute, Social Contract or Constitutive Act of the company based in Brazil;

• dismissal of the need for ruling in all pages of the contract and the annexes; E

• Consultation to the Specialized Federal Attorney's Office on the possibility of payment of brands, patents, industrial designs and other assets of intellectual property.