Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref : EIC 631/2/8
30 March 2005
Dear Sirs,
Commercial Information Circular No. 104/2005
The Mainland of China : Amendments to the Interim Rules on Setting Up Travel
Agency Majority-owned or Wholly-owned by Foreign Investors
The Ministry of Commerce and the China National Tourism Administration jointly issued a notice on 17 February 2005, which amends the "Interim Rules on Setting Up Travel Agency Majority-owned or Wholly-owned by Foreign Investors. The amendments include the reduction of capital requirement to RMB 2.5 million and the deletion of the provision on geographic restriction. The relevant notice is attached at Annex (pdf format)for reference.
- For details of the Interim Rules on Setting Up Travel Agency Majority-owned or Wholly-owned by Foreign Investors, please refer to our CIC No. 170/2003 dated 17 June 2003.
ENQUIRIES
- If you have any questions on the content of this circular, please contact Ms. Eugenia CHAN at 2398 5444.
Yours faithfully,
(Hugo CHIU)
for Director-General of Trade and Industry
Note : While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.