ARTICLE
16 February 2024

Unexpected Changes To Mozambique's Official Fees

AA
Adams & Adams
Contributor
Adams & Adams is an internationally recognised and leading African law firm that specialises in providing intellectual property and commercial services.
The recent unexpected publication of new official fees in Mozambique, effective from 26 February 2024, has taken local associates by surprise, with substantial increases.
South Africa Strategy
To print this article, all you need is to be registered or login on Mondaq.com.

The recent unexpected publication of new official fees in Mozambique, effective from 26 February 2024, has taken local associates by surprise, with substantial increases.

Unexpected changes to Mozambique's official fees

New official fees in Mozambique are unexpectedly set to come into effect on 26 February 2024. The announcement of these changes was made through an unpublished Government Gazette, dated 29 December 2023, catching local industry stakeholders off guard. The lack of prior communication or disclosure to industry agents, has left local IP firms and businesses grappling with a sudden and substantial increase in costs, of up to 50%. Apart from the increase in costs, there is also growing confusion regarding the specific acts that are now subject to changes. Industry players are actively responding to this unforeseen change by facilitating a workable translation and meticulously examining the new tariffs. The absence of transparency in the communication of these changes raises concerns about the collaboration between regulatory authorities and industry stakeholders.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

ARTICLE
16 February 2024

Unexpected Changes To Mozambique's Official Fees

South Africa Strategy
Contributor
Adams & Adams is an internationally recognised and leading African law firm that specialises in providing intellectual property and commercial services.
See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More