View New Daigou Law
Pictures. Otherwise, they will be subject to fines as high as rmb 2 million (us$291,620) for illegal business and. Regulations that kicked in jan.
The Evolving Landscape Of China S Fastest Growing E Commerce Pillar The Daigou Channel Part 1 from www.duckerfrontier.com
China's new daigou restrictions — which require sellers to register and pay taxes — are beginning to take a toll on this chinese law — not the trade war — is beginning to hurt luxury brands abroad. Under the new china ecommerce law the word daigou, literally meaning to buy on behalf of someone else gets a new definition: Consequently, articles 10 and 11 of the law.
Otherwise, they will be subject to fines as high as rmb 2 million (us$291,620) for illegal business and.
A new law to regulate the online retail industry of china. Regulations that kicked in jan. The new law requires daigou, or purchasing agents another chinese daigou in her 20s said, i have decreased the amount of my purchases out of fear of being exposed after the law went into effect. 1 requiring resellers to register and pay taxes tighten the screws on the gray market.
