Legal basis:
Notice of the general office of the Ministry of Housing and Urban-Rural Development on doing a good job in canceling the qualification verification of property service enterprises 1. All localities will no longer accept applications for qualification verification, qualification change, replacement and replacement of property service enterprises, and shall not in any way require the original approved qualification of property service enterprises as a condition for undertaking property management business.
Article 76 The establishment of a joint stock limited company shall meet the following conditions:
(1) The promoters meet the quorum;
(2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association;
(3) The issuance and offering of shares comply with the law;
(4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting;
(5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company;
(6) Having a company domicile.