A New Day For Franchising In China
February 1, 2005
Since 1997, China has had trial or interim regulations for the administration of domestic franchise operations. In order to meet the World Trade Organization’s requirements that most restrictions on foreign investments be lifted by December 11, 2004, China’s Ministry of Commerce (“MOFCOM”) promulgated new franchise regulations on December 30, 2004, known as Measures for the Regulation of Commercial Franchises (“Franchise Measures”). The Franchise Measures became effective on February 1, 2005, and replaced the trial or interim regulations.
Working together, Sonnenschein’s Antitrust, Marketing Practices and Franchise/Distribution Practice Group and China Practice Group can help you bring your franchise program to China in compliance with the new Franchise Measures. Please contact John Baer (312/876-2604).
Click here to read the E-Alert.
These materials should not be considered as, or as a substitute for, legal advice and they are not intended to nor do they create an attorney-client relationship. Because the materials included here are general, they may not apply to your individual legal or factual circumstances. You should not take (or refrain from taking) any action based on the information you obtain from these materials without first obtaining professional counsel and you should not send us confidential information without first speaking to one of our attorneys and receiving explicit authorization to do so.
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