(1) The shareholders and promoters have a good reputation and have no record of major violations in the last three years;
(2) The registered capital has reached the minimum amount stipulated in the Company Law of People's Republic of China (PRC) (hereinafter referred to as the Company Law) and these Provisions;
(3) The articles of association of the company comply with the relevant provisions;
(four) the chairman, executive director and senior management personnel meet the qualifications of these provisions;
(5) Having a sound organizational structure and management system;
(6) Having a fixed residence suitable for its business scale;
(7) Having computer software and hardware facilities such as business and finance suitable for business development;
(8) Other conditions stipulated by laws, administrative regulations and the China Insurance Regulatory Commission.
Article 7 The registered capital of a specialized insurance agency shall not be less than 2 million yuan; The business area is not limited to the insurance professional agency in the province, autonomous region or municipality directly under the Central Government where it is registered, and the registered capital is not less than RMB100000 yuan.
The registered capital of a professional insurance agency must be paid-in monetary capital.