DESIGNS

PANAMA

GDP: $46,21 BILLION
IMPORTS: $26.61 BILLION
POPULATION: 3,868 MILLION
TOTAL AREA: 75,517 Km2
CURRENCY: BALBOA AND UNITED STATES DOLLAR
OFFICIAL LANGUAGES: SPANISH
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WIPO-administered Treaties:

Contracting Party of the Paris Convention: YES
Contracting Party of The Hague System: NO

Applicable Law:

Industrial Property Law No. 35, amended by Law No. 61

Grace period for filing applications, from disclosure:

3 years, provided that disclosure is made in Panama

Multiple design applications -one application for different embodiments- available:

Yes. The Law in Panama does not foresee multiple applications. In practice, multiple applications are filed however, but the examiner might certainly request the division thereof

Formal filing requirements:

Power of Attorney, notarised and legalised by means of the Apostille or before Panamanian Consul. Assignment document, executed and signed by all the parties (applicant and inventors), attested by a Notary Public, and duly legalised by means of the Apostille or before the Panamanian Consulate. Name of the design. Description of the design and drawings. Claims. 3 sets of drawings. A summary or abstract of the design, which is a brief explanation provided in the description, claims and drawings. Certified copy of the priority document, when applicable.

Locarno classification:

Yes

Deferred publication:

No

Registration Proceeding Outline:

FIling. Formal and substantive examination. Publication. Oppositions. Decision.

Opposition:

Yes. Any interested parties can file opposition within 2 month term from the publication date. Cancellation actions can be filed also by any interested parties, within a 5 years term from the granting, except in case of bad faith.

Average time from filing to grant:

8-11 months

Term of Protection and Maintenance:

10 years from the filing date. The first 5 years of protection must be paid for at the moment of the filing, whilst the remaining 5 years term is paid within the next quinquennial term. It is possible to obtain an extension of another 5 years, to complete a total of 15 years term of protection.

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