China Publishes Regulation on Foreign Firms' Representative Office Registration
China has announced that it recently published a regulation on the registration administration of resident representative offices for foreign companies. The regulation, which is effective in March 1, 2011, includes rules on the registration, establishment, information change, cancellation of registration and legal responsibilities of the representative offices of foreign companies.
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Any representative offices that are found operating without valid registration or engaging in any profitable business operations may be subject to administrative fines of between 50,000 yuan (7,507 U.S. dollars) and 500,000 yuan.