Conditions for establishing a leasing company

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, at least 654.38 billion yuan or equivalent convertible currency.

(4) Among the qualified directors and senior managers, no less than 50% have worked in the financial and financial leasing industries for more than three years. ;

Extended data:

Financial leasing companies should be positioned as asset management institutions serving finance, trade and industry. It is a service of more technical services in service trade. Although it also involves funds, it mainly serves investors, rather than completely pressing on its own funds and getting stuck in the project venture capital business. Therefore, the leasing company is neither a bank nor a loan company, nor an investment company, but a knowledge service technology company.

References:

Measures for the Administration of Financial Leasing Companies-China Legal Information Network