Legal analysis: the conditions for applying for the establishment of a fund company: the conditions for establishing a fund management company are as follows: the main sponsors are securities companies and trust and investment companies established in accordance with relevant state regulations; The main promoters are in good operating condition and have been making profits continuously for the last three years; The paid-in capital of each promoter is not less than 300 million yuan; The minimum paid-in capital of the fund management company to be established is 6,543,800 yuan; Having a clear and feasible fund management plan; Having qualified fund managers; Other conditions stipulated by the China Securities Regulatory Commission. To apply for the establishment of a fund management company, it is generally necessary to submit relevant documents to the securities management department for review. Only after a qualified fund management company is approved and registered by the securities management department can the fund management company conduct business. For example, in the United States, fund management companies are bound by the Investment Advisers Act. The approval authority for fund management companies is the US Securities and Exchange Commission (SEC). In Japan, any company that wants to become a fund management company (trust company) must obtain a license from the Ministry of Finance, and fund management companies (trust companies) can only sign contracts involving securities investment funds if they obtain a license issued by the Ministry of Finance.
Legal basis: Article 13 of the Securities Investment Fund Law of People's Republic of China (PRC) * * To establish a fund management company that manages publicly offered funds, it shall meet the following conditions and be approved by the securities regulatory authority of the State Council: (1) It has articles of association that conform to this Law and the Company Law of People's Republic of China (PRC); (2) The registered capital shall not be less than 1 billion yuan, and it must be paid-in monetary capital; (3) The major shareholder has a good performance in financial business or management of financial institutions, has a good financial status and social reputation, and its asset size meets the standards set by the State Council, and has no illegal record in the last three years; (four) the number of personnel who have obtained the qualification for fund practice has reached a quorum; (5) Directors, supervisors and senior managers have corresponding qualifications; (6) Having business premises, safety precautions and other facilities related to the fund management business that meet the requirements; (seven) has a good internal governance structure, perfect internal audit monitoring system and risk control system; (eight) other conditions stipulated by laws and administrative regulations and the the State Council securities regulatory agency approved by the State Council.