The Spanish ministry of industry, tourism and commerce is considering a reduction of around 13% of the rate paid for the request of registering a trademark, a measure that will bring an annual saving of 2.7 million Euros to the users of these services. The minister also indicated that during the last year in Spain there has been a reduction from eight months to five and a half months in the average period for the concession of a trademark. The government has approved a set of measures for companies to facilitate access for the protection of their trademarks, electronic requests, renewal of trademarks and the streamlining of the payment system.
