There are many types of crowdfunding platforms, and applying for a crowdfunding platform needs to meet certain qualification requirements. Most crowdfunding platforms in the market are product crowdfunding and equity crowdfunding. Product crowdfunding does not require special qualifications. The establishment of equity crowdfunding platform and market access shall meet the following conditions:
1. A company or partnership legally established in People's Republic of China (PRC).
2. The net assets shall not be less than 5 million yuan.
3. There are professionals suitable for private equity crowdfunding, and there are not less than 2 senior managers with more than 3 years of experience in the financial or information technology industry.
4. It has a legal Internet platform and other technical facilities.
5. Have a sound business management system.
6. Meet other conditions stipulated by the Securities Industry Association.
2. What materials should I prepare to apply for the filing of the equity crowdfunding platform?
The equity crowdfunding platform shall apply to the Securities Industry Association for filing within 5 working days after its establishment, and submit the following documents:
1. Application form for filing equity crowdfunding platform.
2. A copy of the business license.
3. The latest audited financial report or capital verification report.
4. Copy of ICP filing certificate of Internet platform.
5. Organizational structure, staffing and professional qualification certificate of the equity crowdfunding platform.
6. Business management system of equity crowdfunding platform.
7. The internal control system of the equity crowdfunding platform in investor protection, fund supervision, information security, prevention of fraud and conflict of interest, risk management and investor dispute handling.
8. Other materials required by the Securities Industry Association.
Third, the equity crowdfunding platform is prohibited.
1. Make profits for yourself or others through the Internet platform of this institution.
2. Provide external guarantee or equity holding for crowdfunding projects.
3. Providing equity or other forms of securities transfer services.
4. Take advantage of the platform to gain investment opportunities or mislead investors.
5. Promote or recommend financing projects to non-real-name registered users.
6. Institutions engaged in securities underwriting, investment consulting, asset management and other securities businesses, except securities institutions with relevant business qualifications.
7. Start personal peer-to-peer lending (P2P peer-to-peer lending) or online micro-loan business.
8, using malicious slander, derogatory peers and other unfair competition means.
9. Other acts prohibited by laws and regulations and the provisions of the Securities Industry Association.