What are the requirements for starting a group company?

The establishment of a group company requires the total registered capital of the parent company and its subsidiaries to be above 1 100 million yuan. Registration of a group company requires pre-approval of its name, and the applicant provides basic information indicating that it has business premises and management personnel.

legal ground

Article 17 of the Regulations of the People's Republic of China on the Administration of Company Registration

The establishment of a company shall apply for pre-approval of its name.

Where laws, administrative regulations or the State Council decisions stipulate that the establishment of a company must be approved, or the business scope of the company belongs to matters that must be approved before registration according to laws, administrative regulations or the State Council decisions, the company name shall be pre-approved before being submitted for examination and approval, and the company name approved by the company registration authority shall be submitted.