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Functions and activities Intellectual property registration The Office is in charge of managing the registration of the EU trade mark and the registered Community design and offers businesses and citizens exclusive rights for trade mark and design protection throughout the European Union (EU), with a single application. Every year, it registers an average of 135,000 EU trade marks and close to 100,000 designs.[citation needed] The European Union trade mark (EUTM) (formerly known as "community trade mark")[5] grants exclusive rights in all current and future Member States of the European Union through a single registration, filed online. The basic registration fee is EUR 850 and it covers one class of goods and services. An EU trade mark registration lasts for 10 years but can be renewed indefinitely in blocks of 10 years.