IP5 is a consultative body comprising the patent offices of five countries (regions) that account for more than 80% of global patent applications: South Korea, the United States, China, Japan, and Europe. Launched in 2007, IP5 is at the forefront of creating a user-friendly global intellectual property ecosystem.

The IP5 meetings are attended by representatives from the patent offices and industry associations of the five countries. KINPA participates as a representative of the Korean industry, working closely with the five leading patent offices and industry associations to create an overseas intellectual property environment that is friendly to Korean companies.