(1) It is established in the form of a company, and its paid-in monetary capital and registered capital are not less than 50 million yuan; The initial investment is not less than 20%, and the rest will be paid in full within two years;
(2) At least one investor or its affiliated entity has experience in commercial factoring business or related industries; An affiliated entity refers to an entity controlled by an investor, or an entity that controls an investor, or another entity that is jointly controlled by an entity with an investor. Control means that the controlling party has more than 50% of the voting rights of the controlled party.
(3) Investors of commercial factoring enterprises should have the corresponding asset scale and financial strength to carry out factoring business, have a sound corporate governance structure and a sound risk internal control system, and have no recent record of violation.
(4) When applying for the establishment of a commercial factoring enterprise, there should be at least two senior managers with more than three years of management experience in the financial field and no bad credit record. Senior management refers to the general manager (deputy general manager), business director, financial director, risk control director and operation director.
(5) Commercial factoring enterprises shall not operate in mixed operations.
(6) Having a sound internal control system, including but not limited to financial system, risk assessment, emergency system for major risk events, operational requirements of business processes, monitoring and other systems, asset classification management and risk disposal measures.
(7) The investor has been established and has been in existence for one year (the overseas parent company of a qualified foreign investor may invest in the establishment of a commercial factoring company in the name of its wholly-owned overseas subsidiary (SPV), but it is not required to be in existence for one year). Investors have the corresponding asset scale and financial strength to carry out commercial factoring business, with total assets of not less than RMB 50 million, and have no illegal records and bad records in government departments and financial institutions such as taxation, customs, industry and commerce within two years.
(8) The registered capital of the domestic investors of the commercial factoring enterprise has been paid in full, and the overseas investors meet the relevant requirements of other laws and regulations. Foreign investors truthfully disclose the background information and assets of the actual investors.
Second, the bidding conditions
Enterprises in China and foreign companies, enterprises and other economic organizations (hereinafter referred to as "foreign investors") are allowed to invest and establish foreign-funded commercial factoring enterprises (including financial leasing and commercial factoring) in the Pilot Free Trade Zone in the form of sole proprietorship, joint venture and cooperation. If the overseas parent company of a qualified foreign investor invests and establishes in the name of its wholly-owned overseas subsidiary (SPV), it is not required to survive for one year, and domestic enterprises invest and establish domestic commercial factoring in the Pilot Free Trade Zone.
(a) enterprise investors should have experience in commercial factoring business or related industries.
(2) Enterprise investors should have the corresponding asset scale and financial strength to carry out factoring business, have a sound corporate governance structure and a sound risk internal control system, and have no recent record of violation.
(3) When applying for establishment, the enterprise shall have at least two senior managers with more than three years of management experience in the financial field and no bad credit record.
(4) An enterprise shall be established in the form of a company. The registered capital is not less than 50 million yuan, and all of them are contributed in cash.
(5) Having a sound internal control system, including but not limited to risk assessment, business process operation, monitoring and other systems.
(6) A financial leasing company engaged in commercial factoring shall meet the above conditions and the provisions on the establishment of a financial leasing company.