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Austria reduces formal requirements for the recordal of assignments

August 23, 2017

On 2 August 2017 an amendment of the Austrian IP laws entered into force which considerably reduces the formal requirements for the recordal of assignments, mergers or changes of name. The new rules will apply for all protective rights (patents, utility models, trademarks, designs and SPCs). Generally, it is now sufficient to submit a confirmatory assignment signed by the concerned parties, without notarization of their signatures. Filing the original of an assignment document with the signature of the assignor notarized has thus become unnecessary in most cases. For any questions in this regard, please send your inquiry tooffice@sonn.at.