Legal basis: Article 23 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for the establishment of a limited liability company: (1) The number of shareholders meets 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.
Regulations of the People's Republic of China on the Administration of Company Registration
Article 17 The establishment of a company shall apply for pre-approval of its name. Where laws, administrative regulations or the State Council decisions stipulate that the establishment of a company must be approved, or the business scope of the company belongs to matters that must be approved before registration according to laws, administrative regulations or the State Council decisions, the company name shall be pre-approved before being submitted for examination and approval, and the company name approved by the company registration authority shall be submitted.
Article 18 To establish a limited liability company, a representative designated by all shareholders or an agent entrusted by all shareholders shall apply to the company registration authority for name pre-approval; To establish a joint stock limited company, the representative designated by all the promoters or the agent entrusted by * * * shall apply to the company registration authority for name pre-approval. To apply for pre-approval of company name, the following documents shall be submitted: (1) an application for pre-approval of company name signed by all shareholders of a limited liability company or all promoters of a joint stock limited company; (2) The certificate that all shareholders or promoters have appointed representatives or entrusted agents; (3) Other documents required by the State Administration for Industry and Commerce.