September 22, 2008
The Administrative Regulation on Foreign-Investment in Advertisement Enterprises, as amended by State Administration for Industry and Commerce
On September 22, 2008, with an effective date of October 1, 2008, the
State Administration for Industry and Commerce (the "SAIC") promulgated
the "Administrative Regulation on Foreign-Investment in Advertisement
Enterprises," as amended (the "Regulation"). The Regulation clarifies
that in addition to the SAIC, the SAIC's provincial counterparts, which
are duly authorized by the SAIC, may pre-approve foreign-invested
advertisement enterprises.
Copyright ©2008 by Kaye Scholer LLP. All Rights Reserved. This publication is intended as a general guide only. It does not contain a general legal analysis or constitute an opinion of Kaye Scholer LLP or any member of the firm on the legal issues described. It is recommended that readers not rely on this general guide but that professional advice be sought in connection with individual matters. References herein to "Kaye Scholer LLP & Affiliates," "Kaye Scholer," "Kaye Scholer LLP," "the firm" and terms of similar import refer to Kaye Scholer LLP and its affiliates operating in various jurisdictions.
Copyright ©2008 by Kaye Scholer LLP. All Rights Reserved. This publication is intended as a general guide only. It does not contain a general legal analysis or constitute an opinion of Kaye Scholer LLP or any member of the firm on the legal issues described. It is recommended that readers not rely on this general guide but that professional advice be sought in connection with individual matters. References herein to "Kaye Scholer LLP & Affiliates," "Kaye Scholer," "Kaye Scholer LLP," "the firm" and terms of similar import refer to Kaye Scholer LLP and its affiliates operating in various jurisdictions.
