What conditions does Hainan need to start a company?

To start a company in Hainan, you need to meet the following conditions:

1. Company name: it must conform to the naming standards of Hainan Provincial Administration for Industry and Commerce, and cannot have the same name as a registered enterprise;

2. Registered capital: The registered capital of limited liability companies and joint stock limited companies shall not be less than RMB 500,000. However, for foreign-invested enterprises, relevant laws and regulations should be followed;

3. Company Address: It is required to have business premises or office space in Hainan Province. You can choose the way of leasing, purchasing or borrowing;

4. Business scope: The business scope needs to be clear. Should be based on the laws and regulations of China municipal government and the relevant provisions of the region, a clear business scope, indicating the name, type and specifications of the products or services operated or to be operated;

5. Legal identification: A registered company needs to provide legal identification, and submit identification documents notarized by the legal representative of the enterprise in accordance with relevant regulations;

6. Number of employees: the number of employees specified by the administrative department for industry and commerce is determined according to the company's business scale, business scope, financial situation and other factors, and is used to formulate social security fees and housing accumulation funds paid by enterprises;

7. Other requirements: If the company needs to engage in a specific industry or business in Hainan Province, it may also need to meet the corresponding industry access requirements and comply with local laws and regulations on environmental protection and fire protection.

To start a company in Hainan, you need to pay attention to the following matters:

1. Company name: A company registered in Hainan needs to choose a suitable company name, which can refer to the names of other companies in the same industry to avoid duplicate names. Need to provide the company name pre-approval application, shareholder identity certificate, capital contribution ratio, business scope and other materials;

2. Registered capital: A company registered in Hainan needs a registered capital of not less than 500,000 yuan, but it can be agreed to complete the subscription within 30 years. Registration as a foreign-invested enterprise must comply with the provisions of relevant laws and regulations;

3. Business Scope: Companies registered in Hainan need to define their business scope and register with the administrative department for industry and commerce. The business scope shall indicate the name, type, use, production or sales method of the main products or services;

4. Company Address: A company registered in Hainan needs to have business premises or office space in Hainan Province, and can choose to lease, purchase or borrow it. Need to provide proof of property rights or lease contracts and other related materials;

5. Shareholders and legal representatives: A company registered in Hainan needs more than two shareholders and a legal representative. Shareholders and legal representatives need to have identity documents, photos and other materials;

6. Financial personnel: A company registered in Hainan needs financial personnel, which can be the legal representative and concurrently financial personnel, or can employ professional financial personnel. Need to provide financial personnel identification documents and photos and other information;

7. Other requirements: companies registered in Hainan also need to meet the access requirements of related industries and abide by local laws and regulations on environmental protection and fire protection.

To sum up, companies registered in Hainan need to carefully verify and process the data and information provided to ensure compliance with relevant laws, regulations and industry standards. At the same time, we must abide by local laws and regulations to ensure the legal operation of the company.

Legal basis:

Article 3 of People's Republic of China (PRC) Company Law

The company is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property.

Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.

Article 4

Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.