Legal analysis: 1. The promoters meet the statutory qualifications and reach a quorum. The qualification of promoters refers to the qualification obtained by promoters to establish a joint stock limited company according to law. The promoters of a joint stock limited company may be natural persons or legal persons. 2. The share capital subscribed and publicly offered by the promoters has reached the statutory minimum. A joint stock limited company must have basic responsibility ability. In order to protect the interests of creditors, the establishment of a joint stock limited company must reach the statutory capital. 3. The issuance and preparation of shares are in compliance with the law. The issuance and preparation of shares are carried out in accordance with the law, which is the principle that a joint stock limited company must follow. Issuing shares refers to a joint stock limited company established to raise company capital.
Legal basis: Article 76 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for the establishment of a joint stock limited company:
(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.