USEUROPEAFRICAASIA 中文双语Français
Home / Comment

Online stores not virtual properties as they are a source of real income

China Daily | Updated: 2017-09-07 09:16

A Shanghai resident surnamed Zhao operates an online store on Taobao that she registered under her mother's name several years ago. After her mother died last year, Zhao decided to transfer the ownership of the store to her father. Taobao, an e-commerce platform owned by Alibaba, requires her to notarize her statement that she has given up her share in the online store before making her father its sole owner. But the office of notary public in Shanghai refused to notarize her statement because her online property is virtual, not real. Yanzhao Metropolis Daily comments:

The notary public office in Hangzhou, East China's Zhejiang province, where Alibaba is headquartered, however, has agreed to notarize Zhao's statement without differentiating between virtual property and other kinds of property.

Apparently, the notary public offices across the country don't have a unified rule for websites, domains, e-commerce and online stores.

Online stores not virtual properties as they are a source of real income

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US