What are the requirements for applying for a pawn shop?

The conditions required to apply for a pawn shop are as follows:

(1) Have a charter that complies with laws and regulations;

(2) Have a charter that complies with the provisions of these Measures The minimum amount of registered capital;

(3) Having a business premises that meets the requirements and the necessary facilities for handling business;

(4) Having management personnel and appraisers who are familiar with the pawn business Evaluators;

(5) There are two or more legal person shareholders, and the legal person shares are relatively controlling;

(6) Meet the public security management requirements stipulated in Articles 9 and 10 of these Measures ;

(7) Comply with the state’s requirements for overall planning and rational layout of pawn shops.

Extended information:

In October 2013, the relevant departments of the Ministry of Commerce issued the "Notice on Simplifying the Registration Work Process of Pawn Shops", which clearly stated that the registration work of pawn shops will be simplified. The process is simplified to further promote the transformation of government functions and styles and improve work efficiency and service quality.

According to the requirements of this notice, the approval authority for the establishment of pawn companies and change applications is delegated to the lower levels. When provincial commerce authorities review and approve an enterprise's change application, they can directly print the certificate and then complete the filing through the National Pawn Industry Supervision and Management Information System;

At the same time, the management department of the Ministry of Commerce will issue a certain number of certificates in advance according to the number segment. The blank pawn business license is sent to the provincial commerce department and is managed and used by the provincial commerce department.

Reference material: Baidu Encyclopedia-Pawn Management Measures