How to set up a financial leasing company?

The establishment of a domestic financial leasing company requires:

1, with promoters meeting the specified conditions;

2. The registered capital is a one-time paid-in monetary capital, with a minimum amount of RMB 654.38 billion+0 billion or its equivalent in a freely convertible currency;

3. There are articles of association that meet the requirements;

4. Other prudential conditions stipulated by the CBRC.

legal ground

Article 7 of the Measures for the Administration of Financial Leasing Companies

To apply for the establishment of a financial leasing company, the following conditions shall be met:

(1) Having articles of association that comply with the Company Law of People's Republic of China (PRC) and the provisions of the CBRC;

(2) Having promoters who meet the prescribed conditions;

(3) The registered capital is a one-time paid-in monetary capital with a minimum amount of 654.38 billion yuan or its equivalent in a freely convertible currency;

(4) There are directors and senior managers who meet the post qualifications, and the number of employees who have been engaged in finance or financial leasing for more than 3 years is not less than 50% of the total number;

(5) An effective corporate governance, internal control and risk management system has been established.

(6) It has established an information technology framework that meets the requirements of business operation and supervision, has a necessary, secure and compliant information system to support business operation, and has technologies and measures to ensure the continuous operation of business;

(7) Having business premises, safety precautions and other facilities suitable for business operation;

(8) Other prudential conditions as prescribed by the CBRC.