A group company refers to an enterprise legal person consortium with capital as the main link, parent company as the main body, and the articles of association of the group company as the norm, which is composed of members such as parent company, subsidiary company and holding company. Its structure is not much different from that of ordinary companies, mainly depending on the number of people. The registration conditions of group companies are mainly to further standardize the nature and scale of companies and the relationship between companies. In addition to meeting the general company registration conditions, registered group companies also need to meet the following conditions:
1. The registered capital of the parent company of the enterprise group is more than 50 million yuan, and it has at least 5 holding subsidiaries;
2. The total registered capital of the parent company and its subsidiaries exceeds 1 100 million yuan;
3. All members of the group have legal personality.
Legal basis:
Article 76 of the Company Law of People's Republic of China (PRC) to establish a joint stock limited company shall meet the following conditions: (1) The promoters shall meet the quorum; (2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association; (3) The issuance and offering of shares comply with the law; (4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting; (5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company; (6) Having a company domicile.