Conditions for establishing a commercial factoring company:
1: Require qualified Hong Kong companies as investment shareholders;
2. There must be at least 2 managers who meet the requirements and have more than 3 years of experience in the commercial factoring industry.
3:: Need to have a registered address that meets the requirements;
Process: first check the name-then put it on record in the Ministry of Commerce-and then issue a license, which is common throughout the country and can set up offices in other places.