Set up an investment management company, if the private equity fund is not filed. Don't release products. How much money do you need? In fact, you can calculate it. One is the cost of the venue and the cost of your personnel management. Funds required for registration or transfer of affiliated companies.
To set up an investment management company, in terms of registered capital, if only ordinary investment management companies don't put on record, 654.38+00,000 yuan will be enough.
If you want to apply for private placement. Then your registered capital basically needs to reach the requirement of 6,543,800+million.
In the actual operation process, at present, a private equity fund management company, according to the requirements of the association, you need to have four people with fund qualifications in this company.
In addition, for a registered private equity fund management company, the normal office space and my expenses are basically about 2 million to 2 million per year, which is also related to your rental cost.
There is generally no requirement. It is an ideal way to set up an investment management company first and then invest in other companies in the name of an investment management company to carry out specific business operations. It is not only convenient for the company's operation and management, but also can achieve the purpose of tax saving, so we generally recommend enterprises to do so.
1, from the perspective of tax saving.
If a company is established as a natural person shareholder, the operating income must first pay 25% of the enterprise income tax, and when the remaining profits are distributed to shareholders, it must also pay 20% of the personal income tax. In this way, 40% of the profits are used to pay taxes, and only 60% is distributed to natural person shareholders.
Example: The company's operating income is 6,543,800,000 yuan, and the enterprise income tax is 2,500,000 yuan. The remaining 7.5 million yuan is distributed to natural person shareholders, and the company needs to withhold and pay personal income tax of 6.5438+0.5 million yuan (750*20%). The profit actually distributed to shareholders is only 6 million yuan.
What should natural person shareholders do if they first register an investment company and then register an investment company to set up an entity enterprise? If the profit is distributed to the investment company, the personal income tax of RMB 6,543,800+0.5 million is not required to be paid. Therefore, the tax saving effect of this operation method is still quite obvious.
2. From the perspective of company management.
Now many bosses will invest in many enterprises, and some even operate across industries. If all investments are made in the name of individual shareholders, it is unrealistic to directly manage many enterprises as shareholders. Therefore, first set up an investment company, and then invest in the name of an investment company to set up these actual operating enterprises. The boss directly manages the investment company, which manages the subordinate enterprises. An investment company can set up procurement, sales, R&D, capital and other departments to manage the procurement and sales of subordinate enterprises in a unified way, which is convenient for enterprises to operate efficiently, save costs and form scale effect.
3. From the perspective of enterprise merger and acquisition.
The establishment of investment management companies is conducive to the rapid expansion of enterprises through mergers and acquisitions. When meeting the right opportunity, it is often more advantageous to acquire other enterprises in the name of an investment company than in the name of a single enterprise.
As for the registered capital of an investment management company, as long as it is not actually engaged in business, there is generally no specific requirement. It is recommended that the registered capital be between 20 million yuan and 50 million yuan.
What is the purpose of establishing an investment management company? Are you going to be a private equity fund? Or do you just want to go to the gold exchange for filing?
If you register Investment Management Co., Ltd. for filing private fund managers in the future, then your registered capital should not be less than100000, and the paid-in amount should not be less than 2 million, which is the most basic condition for filing private fund managers.
If you want to go to the gold exchange for filing, the registered capital should not be less than 1 10,000, but if you want to issue wealth management products in the future, the more registered capital, the better. In the financial industry, the registered capital is too small, and the customer trust is definitely low.
If you are a well-known wealth manager or a capable stock investor, you can ask angel investors for help and ask them to invest in equity, which will be easy to get started. If you are not a well-known person, you'd better register100000 or more, otherwise people will definitely have more concerns about your investment, and you have to give them more returns to attract funds. More returns mean that your costs will be high.
The current "Company Law" cancels the system of minimum registered capital of a company. Where there are special provisions in laws and administrative regulations, the company law has no restrictions on the amount of registered capital.
According to the Company Law, the registered capital of a limited liability company is the capital contribution subscribed by all shareholders registered in the company registration authority. Where laws, administrative regulations and decisions of the State Council have other provisions on the paid-in registered capital and the minimum registered capital of a limited liability company, those provisions shall prevail.
Where a joint stock limited company is established by means of sponsorship, the registered capital shall be the total share capital subscribed by all promoters registered in the company registration authority. Before the shares subscribed by the promoters have been paid in full, they may not raise them from others.
Where a joint stock limited company is established by offering, the registered capital shall be the total paid-in share capital registered with the company registration authority.
Where laws, administrative regulations and decisions of the State Council have other provisions on the paid-in amount of registered capital and the minimum amount of registered capital, those provisions shall prevail.
Where there are other provisions on the minimum registered capital, for example, the Commercial Bank Law stipulates that the minimum registered capital for the establishment of a national commercial bank is 10 billion yuan. The minimum registered capital for establishing city commercial banks is 1 100 million yuan, and the minimum registered capital for establishing rural commercial banks is 50 million yuan. Registered capital shall be paid-in capital.
If the landlord's understanding of "investment management company" is correct, refer to the following standards:
China Banking Regulatory Commission issued: Operational Guidelines for Securities Investment Trust Business of Trust Companies
Article 22 A third-party consultant hired by a trust company shall meet the following conditions:
(1) The company or partnership established according to law has no record of major violations of laws and regulations.
(2) The paid-in capital shall not be less than RMB 654.38+million.
(3) Having a qualified securities investment management and research team, the main members of which have passed the securities qualification examination, with no less than 3 years' experience, a good reputation in the industry, no bad employment record, and traceable certificates of securities investment management performance.
(four) a sound business management system, risk control system, standardized background management system and business process.
(5) Having a fixed business place and software and hardware facilities suitable for its business.
(6) It has no relationship with the trust company.
(7) Other conditions stipulated by China Banking Regulatory Commission.
Failure to meet this standard is not that you cannot register as an "investment management company", but that you cannot cooperate with a trust company.
Without raising other people's money, there is no need to set up any investment management company.
If you need to raise other people's money, the current legal fundraising channel should only be the sunshine private placement model of grafting trust.
Trust companies have a large number of securities investment projects, which are basically operated by hiring the above-mentioned "third-party investment consultants" to issue investment suggestions. That is, the trust company raises funds as a legal platform, and the investment consultant actually manages the investment. The above standards are the minimum hard standards. According to the qualification of investment consultants, investment strategy and direction, cooperation history with trust companies and marketing channel ability, product structure will be different. If the investment is only 6,543,800,000 yuan, investment management companies with two or three people will generally adopt structured trust product design, supplemented by investment consultants themselves. For example, for products that mainly invest in the secondary stock market, the priority structure: the proportion of secondary products is not higher than 3: 1, and an early warning line liquidation line is set. If the net value falls below the warning line, the secondary products will have to take out money to cover their positions, and if they fall below the liquidation line, they will directly close their positions to ensure the priority income. To put it bluntly, the second thing is to use leverage to incite more funds to circle money for stock trading.
Investment management companies generally don't pay the registered capital truthfully, but the subscription period is agreed by shareholders, so strictly speaking, there are not many capital requirements. The required funds are mainly the expenses required for the company to put into operation, such as housing lease and personnel salary.
There are local laws and regulations everywhere, and it seems that Beijing does not approve them now.