Non-profit Online Sales Exempt from Registration
Beijing Morning Post, 3/06/08
Yesterday the Beijing Administration for Industry and Commerce (BAIC) began soliciting the public's opinions and suggestions online in regard to the proposed new "Informatization Promotion Regulations". The "Regulations" require that e-commerce operators obtain business licenses and publicly provide business information on their home page. E-commerce operators falling into any of the following categories are exempt from registration: enterprises or individual industrial and commercial entities which already possess a business license and only operate within that business scope; e-commerce operators which already hold a permit for Internet information services operation plus a business license issued from the BAIC; and, individuals selling or exchanging personal goods online without intent to profit.
The "Regulations" also stipulate that e-commerce service providers must verify business licenses and relevant documents of those e-commerce operators with whom they sign service contracts, and establish transaction records to be preserved for a minimum of two years.
Keywords: BAIC Informatization Promotion Regulations regulation Beijing e-commerce informatization Internet license
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