The Administrative Measures for Foreign-Invested Telecommunications Enterprises, as amended

On September 10, 2008, the State Council promulgated the "Administrative Measures for Foreign-Invested Telecommunications Enterprises," as amended. These "Measures" lower the minimum registered capital required for a foreign-invested telecommunications enterprise conducting basic telecommunications business nationwide (or cross-province) from two billion RMB to one billion RMB. Telecommunications enterprises include, but are not limited to, telephone companies, Internet providers, and Internet search engines. The Measures further state that, for a foreign-invested telecommunications enterprise conducting basic telecommunications businesses within a province, the minimum registered shall be lowered from 200 million RMB to 100 million RMB.


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