Topic of foreign invested advertising company
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Topic of foreign invested advertising company

According to “The Provisions on The Administration of Foreign-funded Advertising Enterprises”, foreign investors may establish advertising enterprise by the form of Chinese-foreign equity joint venture or Chinese-foreign contractual joint venture, but the foreign investment should not exceed 70%. Wholly foreign-owned enterprises are permitted since Dec.10, 2005. Hong Kong and Macao service providers are permitted to establish wholly owned advertising enterprises since Jan.1, 2004.

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