1: the registered capital is not less than 50 million; 2. Provide at least two qualified managers; 3. The investment enterprise shall be established at least 1 year, and its net assets shall not be less than USD 5 million. Provide audit reports, credit certificates and other materials; 4: Provide the actual registered address.
Processing flow:
Check the name first-then apply for a record certificate-and then apply for a business license. I am Mr. Xiao from Free Trade Zone, and I have run more than 50 commercial factoring companies.
It is suggested to set up a commercial factoring company in Tianjin or Shanghai Free Trade Zone. With good policies, Tianjin Commercial Factoring Company has a wider business scope. The licenses are all common in the whole country, and it takes 1.5 months, and the fastest is 3 weeks. I hope I can help you.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.