Conditions, requirements and procedures for establishing a charitable foundation

Professional agency to set up a foundation，Customers in need please call us for consultation。service organization：Founded in 2007，Headquartered in Shenzhen，and in Shanghai，Hongkong，Taiwan，There is an office in Japan。The company is a business service integration company，Get involved in international business，financial advisor，Acquisitions and mergers, etc.。

The company has professional accountants，lawyer，Financial advisory team，Use professional knowledge and control service quality and speed，Establish support service platform and solutions for enterprise expansion。Foundation establishment process：1、Conditions for establishing a foundation Natural person、Legal persons or other organizations can apply to establish a foundation，Applicants can be donors to the foundation，It can also be other citizens or organizations that are enthusiastic about public welfare undertakings.。

Foundations are divided into public foundations(Can raise funds from the public)and non-public foundations(Don't solicit donations from the public)。Public foundations can carry out fund-raising according to the geographical scope，Divided into national public foundations and local public foundations。

To establish a foundation, the following conditions must be met:：(1)Established for specific public welfare purposes;(2)The original fund of a national public foundation shall not be less than RMB 8 million.，The original fund of a local public foundation shall not be less than RMB 4 million.，The original fund of a non-public foundation shall not be less than RMB 2 million.，The original fund of a non-public foundation registered with the Ministry of Civil Affairs shall not be less than 20 million yuan.;The original fund must be the received monetary fund;(3)standardized name、Charter、Organizational structure and dedicated staff appropriate to its activities;(4)Have a fixed residence;(5)Ability to independently bear civil liability。

1. foundation name

Require

(1)The name of the foundation should reflect the business scope of public welfare activities，The name of the foundation should include the font size in order、Business scope of public welfare activities，and ends with the word "Foundation"，The name of a public foundation does not need to use a font size，The name of a public foundation must not use the name of a natural person、The name or trade name of a legal person or other organization;(2)National public foundations should use “China” in their names、"China"、"Nationwide"、"Country" and other words。

Non-public foundations are not allowed to use the above words。(3)Local public foundations and provincial、autonomous region、Non-public foundations registered by the civil affairs department of the people's government of the municipality directly under the Central Government shall be named after the county level or administrative division above the county level where they are located.。Named with the name of an administrative division below the provincial level，You can also add the province you are in、autonomous region、Name of municipality。

Named with the name of a municipal district，should also be titled with the name of the city;(4)Non-public foundations can use the names of natural persons as their font size.、The name or trade name of a legal person or other organization，The name of a public foundation must not use the name of a natural person、The name or trade name of a legal person or other organization。3、Conditions for the person in charge of the foundation The person in charge of the foundation includes the chairman、Vice Chairman、Secretary General。

(1)Foundation Chairman、The vice-chairman and secretary-general shall not be concurrently held by current national staff;The chairman of the foundation is the legal representative;The legal representative of the foundation shall not serve as the legal representative of other organizations at the same time.;(2)Legal representative of public foundations and non-public foundations with original funds from mainland China，Should be held by mainland residents;(3)Sentenced to surveillance for crime、Criminal detention or fixed-term imprisonment，Less than 5 years have passed since the completion of the sentence，Those who have been sentenced to deprivation of political rights due to crimes are currently being executed or have been sentenced to deprivation of political rights.，He also served as the chairman of a foundation that had its registration revoked due to violations of the law.、Vice Chairman or Secretary General，and is personally responsible for the foundation’s illegal acts.，It has not been more than 5 years since the foundation was cancelled.，Not allowed to serve as chairman of the foundation、Vice Chairman or Secretary General;(4)Served as Chairman of the Foundation、Hong Kong residents of the Vice Chairman or Secretary General、Macao residents、Taiwan residents、foreigner，The period of stay in mainland China shall not be less than 3 months each year。

1. The composition of the foundation’s organizational structure(1)The Board of Directors is the decision-making body of the Foundation，Board size: 5 to 25 people;(2)Non-public foundation established with private property，Foundation directors who are closely related to each other，The total number shall not exceed one-third of the total number of directors;Other foundations，Persons with close relatives are not allowed to serve on the Board of Directors at the same time;(3)The foundation has supervisors，The term of office of supervisors is the same as that of directors.，Foundation Director、Close relatives of directors and accounting personnel are not allowed to concurrently serve as supervisors;(4)Directors receiving remuneration from the foundation shall not exceed 1/3 of the total number of directors;Supervisors and directors who do not hold full-time jobs in the foundation shall not receive remuneration from the foundation.;(5)When a foundation director has personal interests related to the interests of the foundation，Not allowed to participate in decision-making on related matters;Foundation Director、Supervisors and their close relatives are not allowed to have any transactions with the foundation。
2. Procedure for establishing a foundation(1)Business management unit(Federation of Disabled Persons)After review and approval，to the registration authority(Civil Affairs Bureau)Submit all valid application materials;(2)After review by the registration management authority，permitted to register，After the applicant completes the registration procedures online,，Issue a legal person registration certificate to the foundation;(3)After the foundation is registered，You should apply for seal engraving at the Civil Service Center of the Ministry of Civil Affairs;Apply for an organization code certificate at the National Organization Code Center，Apply for tax registration at the tax department，Open a bank account at a bank，And report it to the registration management authority for record。
3. The relevant department of the State Council or the organization authorized by the State Council determines the foundation’s business supervisory unit.，It is a foundation registered with the Civil Affairs Department of the State Council、Business supervisory unit of overseas foundation representative office;Province、autonomous region、Relevant departments of the people's governments of municipalities directly under the Central Government or provincial、autonomous region、Organizations authorized by the people's governments of municipalities directly under the Central Government，It's a province、autonomous region、The business supervisory unit of the foundation registered with the civil affairs department of the municipal people's government。
4. Determination of foundation registration and management authority(1)The civil affairs department of the State Council and the provincial、autonomous region、The civil affairs department of the people's government of the municipality directly under the Central Government is the registration and management authority of the foundation.;(2)National public foundation;Foundations intending to have non-mainland residents serve as legal representatives;The original fund exceeds 20 million yuan，A non-public foundation whose sponsor applies to the Civil Affairs Department of the State Council for establishment;Representative offices established by overseas foundations in mainland China should register with the Ministry of Civil Affairs。
5. When the foundation applies for establishment，Documents that applicants should submit(in duplicate，At least one original copy)(1)Establishment registration application form(Reasons for setting up a foundation，and applicants(major donor)Basic information and participation in recent years、Support for public welfare undertakings;Basic information about the foundation，include：name、purpose、Business scope、Original Fund and its Donors、Chairman, etc.。

The application form shall be signed or stamped by the applicant);(2)Documents from the business supervisory unit agreeing to the establishment and registration(State your agreement to the establishment of the foundation and your agreement to serve as the foundation. How to establish the foundation??Shenzhen，More than ten years of accumulation，Accumulated rich experience and resources in the industry。

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