The
Ministry of Commerce
State Administration For Industry and Commerce
01 February 2005
Recently, The Ministry
of Commerce and the State Administration For Industry and Commerce
has announced the below notice based on the "The Cancellation
And Adjustment Of The Third Batch Of Administrative Approvals Items"
(Guo Fa [2004] No. 16).
1. The Ministry of Commerce
will no longer approve the application of engaging in international
transportation agent Business; instead, applicants could apply to
and register at the respective Administration of Industry and Commerce
Bureau directly. No relevant business can be carried out without
registration.
2. The respective Administration
of Industry and Commerce Bureau will strictly comply with the Article
8 of the "Regulations Of The People's Republic Of China On
The Administration Of Agency Business For International Transportation
Of Goods" in registration which regulate the minimum amount
of registered capital for sea, air and road transportation. Where
an enterprise engaged in the core business of international freight
forwarding agency industry, the enterprise should include the wording
of "International Transportation Agent" in company's name
to identify the business scope.
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