Protect your intellectual property in the European Union
The EUIPO is entirely self-financing. All its operations are paid for through registration feels, meaning that neither the Office nor its work places any additional financial burden on the EU or its taxpayers. The EUIPO's official financial reports include the budget, the annual accounts, the report on budgetary and financial management and the report from the European Court of Auditors, as well as documentation related to the work of the Budget Committee of EUIPO.
EUIPO’s budget for the forthcoming year is prepared and presented for approval to the Budget Committee of the Office. The budget cannot be implemented before it is approved by the Budget Committee, which is made up of representatives from EU Member States, the European Commission and the European Parliament.
EUIPO’s annual accounts include the Office’s financial statements (balance sheet, economic outturn account, cash-flow table, statement of charges in capital) and reports on EUIPO’s budget implementation. The annual accounts must comply with the relevant rules, be accurate and comprehensive, and present a true and fair view. They are drawn up in accordance with generally accepted accounting principles.
The European Court of Auditors is an EU institution in charge of the audit of EU finances. As the EU’s external auditor, it contributes to improving EU financial management and acts as the independent guardian of the financial interests of the Union. Its role is to check that EU funds are correctly accounted for, are raised and spent in accordance with the relevant rules and regulations and have achieved value for money. The Court issues an audit report on EUIPO every year, which is published on the EUIPO website when it is released.
Regulation of the Budget Committee of the EUIPO laying down the financial provisions applicable to the Office
This document lays down the financial provisions applicable to the Office. Among other things, it sets out the timetable for financial reporting and budgetary management at the Office, as well as the budgetary principles, procurement and external audit.
| More information on Accounts and Finance | More Details >> | |
| Budget Committee of the Office | More Details >> |
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