What are the conditions for setting up a pawn shop?

Conditions for establishing a pawn shop

1. are in compliance with the law、Statutes and regulations；
2. Have a minimum registered capital that meets the regulations (the minimum registered capital for a pawn shop is 3 million yuan)；Engaged in real estate mortgage pawn business，The minimum registered capital limit is 5 million yuan；Engaged in property rights pledge and pawn business，The minimum registered capital limit is 10 million yuan。

The minimum registered capital limit of a pawn shop shall be the monetary capital paid by shareholders.，Not included in kind、industrial property、non-patented technology、Capital contributed as a price for land use rights)；

1. There is conformity

Require

business premises and necessary facilities for conducting business；

1. Have management personnel and appraisers who are familiar with the pawn business；
2. There are two or more legal person shareholders，And the legal person shares are relatively controlling；
3. Public security management in compliance with Articles 9 and 10 of the Pawn Management Measures

Require

；

1. Comply with the national overall plan for pawn shops、Reasonably laid out

Require

。

Pawn Shop Application Process

1. Determine the total amount。According to the “overall planning” of the Ministry of Commerce，The principle of "reasonable layout"，Determine the total amount of regulation and material reporting time based on corresponding economic indicators in various places.。
2. receive materials。According to the "Pawn Management Measures", the applicant

Require

，Submit application materials to the city (prefecture) level commerce department where the pawn shop is proposed to be established.。

After receiving an application to establish a pawn shop or a pawn shop applying to establish a branch，The districted city (prefecture)-level commerce department shall submit it to the provincial-level commerce department for preliminary review.，The provincial commerce department will submit the review opinions and application materials to the Ministry of Commerce.。

1. Review by the Ministry of Commerce。The Ministry of Commerce organized and established a joint pawn shop approval working group to review the submitted materials.。
2. Apply for approval。

According to the minutes of the pawn shop joint approval working group meeting，For compliance with

Require

application for establishment，The Ministry of Commerce issues approval to provincial commerce authorities，and issue a "Pawn Business License"，The applicant must go to the relevant department to complete the registration formalities with the approval and pawn business license.。Not approved，Notify all provincial commerce authorities，and explain the reasons。

1. The enterprise holds the approval document from the Ministry of Commerce and the "Pawn Business License"，After preliminary examination by the public security organ of the local county-level people's government，Apply for a "Special Industry License" from the municipal (prefecture) level public security agency，Go to the industrial and commercial administration department to apply for a business license with the above approval documents and licenses。

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