Micro Entity Status: Qualifying to Reduce Patent Fees
LexBlog IP
MARCH 23, 2022
Micro entity status is a newer status, introduced under the America Invents Act Leahy-Smith America Invents Act (“AIA”) in 2011 as an effort to reduce the cost of patenting for small businesses and individual inventors. Each applicant is obligated to update the patent office anytime their entity status changes.
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