Conditions for registration of financial companies

The registration conditions of a finance company are as follows:

1, which conforms to the national industrial policy and has core business;

2. The registered capital before the application 1 at the end of the year is not less than 8 billion yuan, the owner's equity is not less than 3 billion yuan or the equivalent in a freely convertible currency, and the proportion of net assets is not less than 35%; Before the application 1 at the end of the year, the total assets of the member units consolidated according to regulations shall not be less than 5 billion yuan, and the proportion of net assets shall not be less than 30%;

3. The financial situation is good, and the total operating income of the member units consolidated at the end of two consecutive years before the application is not less than 4 billion yuan, and the total pre-tax profit is not less than 200 million yuan; Stable cash flow and large scale;

4. It has been established for more than 2 years and has certain experience in internal financial management and fund management of enterprise groups; The corporate governance structure is perfect, and there are no improper related party transactions;

5. The credit status is good, and there is no bad credit record for two consecutive years before the application, and there is no illegal behavior;

6. The source of funds for the shares is true and legal, and it is not allowed to use borrowed funds or funds entrusted by others to become shares;

7. Other prudential conditions stipulated by the CBRC.

Legal basis: Article 6 of People's Republic of China (PRC) Company Law.

To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company.

Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered.

The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.