21 Aug 2014
Online CBA: What Are the Procedures for Setting Up an Online Sales Company in the Shanghai Pilot Free Trade Zone?
Q: What Are the Procedures for Setting Up an Online Sales Company in the Shanghai Pilot Free Trade Zone?
A: Foreign investors wishing to set up an online sales company in the Shanghai pilot free trade zone must first go to the office of the Shanghai Pilot Free Trade Zone Management Committee to complete formalities for the establishment of a foreign-invested online sales company. For applications that require examination and approval by the Ministry of Commerce, upon preliminary approval granted by the Shanghai Pilot Free Trade Zone Management Committee, they will be submitted to the Ministry of Commerce for examination and approval.
Foreign investors wishing to set up an online sales company in the Shanghai Pilot Free Trade Zone using their online platform to provide online services to other parties should apply to the Ministry of Industry and Information Technology (MIIT) for a value-added telecommunications service operation licence; while enterprises using their online platform to directly sell goods should file a record with MIIT.
Foreign-invested enterprises engaged in online sales and related services are required to display their business licence on their website main page or in a prominent position on other webpages where internet business is conducted. Enterprises engaged in processed oil, crude oil, books, newspapers and periodicals, and drugs are also required to display information as well as legible images of the relevant approval documents or hyperlinks to such documents.
(The HKTDC provides one-on-one China Business Advisory Service free of charge to assist companies in resolving problems encountered when doing business in China. For enquiries and appointments, please call (852) 1830 668 or register online.)