What are the procedures for company guarantee?

Conditions that guarantee companies need to meet:

1, meeting the minimum registered capital (paid-in monetary capital of RMB 5 million; There are 654.38 billion financing guarantee companies engaged in re-guarantee business, which have been in business for more than two years);

2. Having a business place that meets the requirements;

3. Articles of association that comply with the law (Company Law);

4. There are management and evaluation personnel who are familiar with finance and related businesses.

legal ground

Article 23 of the Company Law

The establishment of a limited liability company shall meet the following conditions:

(1) Shareholders meet the quorum;

(2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association;

(3) Shareholders * * * agree to formulate the Articles of Association;

(4) Having a company name and establishing an organization meeting the requirements of a limited liability company;

(5) Having a company domicile.