DESIGNS

PANAMA

GDP: $65,055 BILLION
IMPORTS: $29,275 BILLION
POPULATION: 4,176,873
TOTAL AREA: 75,517 KM2
CURRENCY: BALBOA (B7.) (PAB); UNITED STATES DOLLAR ($) (USD)
OFFICIAL LANGUAGES: SPANISH
click to enlarge

WIPO-administered Treaties:

Contracting Party of the Paris Convention: YES.

Contracting Party of The Hague System: NO.

Applicable Law:

Industrial Property Law 35, amended by Law 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, although the Law in Panama does not foresee multiple applications, in practice, multiple applications are filed. However, the examiner may request division of the application.

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 party can file opposition within 2 months from the publication date. Cancellation actions can also be filed, within 5 years from granting, except in case of bad faith.

Average time from filing to grant:

8-18 months.

Term of Protection and Maintenance:

10 years, renewable once for a further 5-year period.

© 2019 Balder IP Law S.L. Todos los derechos reservados.