Legal basis: Article 30 of People's Republic of China (PRC) Urban Real Estate Management Law is an enterprise engaged in real estate development and management for the purpose of making profits. The establishment of a real estate development enterprise shall meet the following conditions:
(1) Having its own name and organization;
(2) Having a fixed business place;
(3) Having a registered capital meeting the requirements of the State Council;
(four) there are enough professional and technical personnel;
(5) Other conditions stipulated by laws and administrative regulations.
The establishment of a real estate development enterprise shall apply to the administrative department for industry and commerce for registration of establishment. The administrative department for industry and commerce shall register and issue a business license to those who meet the requirements stipulated in this law; Those who do not meet the requirements stipulated in this law shall not be registered.
Where a limited liability company or a joint stock limited company is established to engage in real estate development and operation, the relevant provisions of the Company Law shall also be implemented.
A real estate development enterprise shall, within one month after obtaining the business license, go to the department designated by the local people's government at or above the county level where the registration authority is located for the record.