Business Intelligence on Retailing, Franchising, and Consumerism in China

Online Shops Will Need To Be Licensed From August

According to the e-commerce supervision and management regulation promulgated on its website by the Beijing Administration for Industry and Commerce, from August 1, 2008 profit-making online shops must get a business license before starting operation.

However, the regulation also says that nonprofit online shops that are intended to sell or exchange items for personal use do not need to register.

For the convenience of customers, e-business managers should publicize information such as their company names, business addresses, online shop names, IP addresses and how to contact them.

In addition, e-commerce service suppliers that offer online trading platforms are responsible for checking the business license of their contracted shops and setting up records for completed deals. These records should be kept for at least two years. If these service suppliers are found offering services to unlicensed operators, they will also be punished.

Be the first to comment on "Online Shops Will Need To Be Licensed From August"

Leave a comment

Your email address will not be published.


  Other China News

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco