What are the requirements for establishing a financial leasing company?

Legal analysis: The conditions for establishing a financial leasing company are the name, organization, domicile, articles of association, total share capital and quorum of shareholders. Moreover, the financial leasing company shall designate a responsible person or entrust an agent to handle the company establishment registration.

Legal basis: People's Republic of China (PRC) Company Law.

Article 76 The establishment of a joint stock limited company shall meet the following conditions:

(1) The promoters meet the quorum;

(2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association;

(3) The issuance and offering of shares comply with the law;

(4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting;

(5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company;

(6) Having a company domicile.

Article 78 To establish a joint stock limited company, there shall be two or more promoters, more than half of whom shall have their domicile in China.