Conditions and procedures for establishing a pawn shop

one、Conditions for establishing a pawn shop： Hong Kong Xintong-is Qianhai’s investment partner，Since its establishment, it has attracted hundreds of investors in Qianhai.，Has rich experience in handling the settlement of enterprises in Qianhai，

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

。

two、pawn shop handling，to shareholder companies

Require

：

1. Enterprises with strong economic strength (except real estate enterprises)；
2. Have two or more non-sole proprietorships investing and holding more than 51% of the shares of the pawn shop；
3. Purely domestic-funded enterprises that participate in investment and shareholding have an operating period of more than three years，Profit in the past two years，The amount of capital contribution shall not exceed 50% of one’s own net assets；The total net assets of the two companies exceed RMB 62 million.；
4. Should have professional evaluators and managers；
5. Funded by natural persons，Proof of no intentional criminal record from the place of residence should be provided 3.、Pawn shop business scope： Business scope：Chattel pledge and pawn business;Property rights pledge and pawn business;real estate(Other provinces、autonomous region、Exceptions include real estate in municipalities directly under the Central Government or projects under construction that have not obtained a commercial housing pre-sale license.)Mortgage pawn business;Sale of absolutely suitable items within the limit;Appraisal, evaluation and consulting services;Other pawn businesses approved by the Ministry of Commerce in accordance with the law。

Business scope：Chattel pledge and pawn business;Property rights pledge and pawn business;real estate(Other provinces、autonomous region、Exceptions include real estate in municipalities directly under the Central Government or projects under construction that have not obtained a commercial housing pre-sale license.)Mortgage pawn business;Sale of absolutely suitable items within the limit;Appraisal, evaluation and consulting services;Other pawn businesses approved by the Ministry of Commerce in accordance with the law。

About Hong Kong Xintong

Hong Kong Xintong focuses onGuangdong and Hong Kong license plates、Shenzhen Hazardous Chemicals Business License、Shenzhen labor dispatch licenseandShenzhen Charity Foundationapplication services，Assist customers to applyShenzhen travel agency business license、Shenzhen pawn shop business license、Shenzhen auction house license and other mainstream domestic financial licenses，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableODI overseas investment registration、International travel agency registration and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。