Criteria for establishing a group company

Legal analysis: 1. The registered capital of the parent company of the enterprise group is more than 50 million yuan, and it has at least 5 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. The national pilot enterprise group shall also meet the conditions of the pilot enterprise group determined by the State Council.

Legal basis: Article 8 of People's Republic of China (PRC) Company Law A limited liability company established in accordance with this law must indicate the words limited liability company or limited company in its name. A joint stock limited company established in accordance with this law must indicate the words joint stock limited company or joint stock company in its name.