A wide-open window for online sales
December 14, 2010 | BY
clpstaff &clp articlesA new circular eases the approval process for overseas players engaging in online sales and business through vending machines. It clarifies the types of business activities foreign enterprises can partake in, but still lacks guidelines on what distinguishes a for-profit internet content provider from a non-profit one
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In August 19 2010, the Ministry of Commerce (Mofcom) released the Circular on Issues Relevant to the Examination, Approval and Administration of Foreign-invested Projects for Sales Effected over the Internet and by Vending Machines (关于外商投资互联网、自动售货机方式销售项目审批管理有关问题的通知) (Shang Zi Zhi [2010]272) (Circular), effective upon release. This Circular simplifies the approval procedures and telecom licensing requirements