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Juha Lassila

Internet in China - Government White Paper - June 2010 - 0 views

  • The Internet in China
  • A crystallization of human wisdom, the Internet
  •  
    ... I just would like them to fix the broken links in this document ...
Juha Lassila

Ground breaking rules governing online games - Lexology - 0 views

  • Foreign companies are still not allowed to invest in online game business in China.
Juha Lassila

New Regulations for Resident Representative Offices in China | Regulatory Updates - Dez... - 0 views

  • Representative offices cannot employ in excess of four foreign staff, including the chief representative.
  • representative offices will not be permitted to apply for tax exemption
  • representative offices may also not engage in any profitable activities
  • ...6 more annotations...
  • If you require your China operations to directly buy and sell, have its own import/export license, and legitimately trade in China – you will need to change your current RO structure to that of a foreign invested commercial enterprise (FICE) or wholly foreign owned enterprise (WFOE)
  • 2. ROs are now more expensive to operate than a FICE or WFOE
  • foreign invested commercial enterprises (FICE) These are typically used for the following business activities: • Import-export and distribution • Retailing: selling goods and related services to individuals from a fixed location, in addition to TV, telephone, mail order, internet and vending machines, • Wholesaling: selling goods and related services to companies and industry, trade or other organizations • Agencies, brokerages: representative transactions on the basis of provisions • Franchising Use of wholly foreign owned enterprises (WFOE) in the services industry • Consulting, other professional services • Quality control, after sales services, product design, technical support, sampling (although minimum amount permitted)
  • WFOEs may also be used for manufacturing.
  • the establishment of both a FICE and a WFOE are rather more complex than an RO
  • The structuring and application of the new FICE/WFOE can be combined at the same time as the RO closure.
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    Hmmm... If FICE/WFOE are more complex to setup then what about FIPs - Foreign Invested Partnersips?
Juha Lassila

SARFT undertakes major investigation into audio & video licenses: three major BT sites ... - 0 views

  • Earlier this year, SARFT issued a circular requiring all online audio-video providers to obtain licenses
  • By November, SARFT had closed 414 illegal audio-video program websites that were either operating without licenses, contained obscene programs, or utilized pirated content.    
  • By December 9, 2009, approximately 530 networks, including three top Bit Torrent [BT] websites
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