China inbound travel

New development in setting up your travel agency in China

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We are helping a Hong Kong travel company (with its shareholders being European travel operators) to set up its WFOE travel agency in Shanghai.

Recently, during a meeting with officials from Shanghai Tourism Bureau, we have learned, orally from the officials in Shanghai, some new development in regard of foreign investment in tourism industry in China.

One…

Setting up a foreign invested travel agency in China

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To meet its undertakings upon the entry into the WTO, China has promulgated the Regulation on Travel Agency (“Regulations”), effective as from May 1, 2009, which also incorporates rules for setting up foreign invested travel agencies (“FITA”). Previous regulations issued by Ministry of Tourism (“MOT”) and Ministry of Commerce (“MOC”)…

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