The differences between various types of financial leasing companies

The differences between various types of financial leasing companies

1. Different establishment conditions
2. Financial leasing company The establishment conditions of financial leasing company are strict.，The core conditions are as follows：First，There must be sponsors who meet the prescribed conditions，Including commercial banks with independent legal personality registered within and outside China，Registered in China、A large enterprise whose main business is manufacturing products suitable for financial leasing transactions，Financial leasing companies registered outside China and other sponsors recognized by the China Banking Regulatory Commission； second，Registered capital is one-time paid-in monetary capital，The minimum limit is RMB 100 million or equivalent in freely convertible currency；third，Have directors who meet the qualifications、senior management，And the number of employees with more than 3 years of experience in finance or financial leasing should be no less than 50% of the total number of employees.； fourth，Established effective corporate governance、Internal control and risk management system。
3. Domestic-funded pilot financial leasing companies The establishment conditions for domestic-funded pilot financial leasing companies are also relatively stringent.，The core conditions are as follows：First，The minimum registered capital should reach 170 million yuan； second，Have a sound internal management system and risk control system；third，Have appropriate financial、trading、law、Accounting professionals，Senior managers should have no less than three years of experience in the leasing industry。

in addition，It is worth noting that，Domestic financial leasing companies do not need to undergo pre-approval procedures when registering，No paid-in registered capital is required。Can enterprises that have not applied for pilot enterprise qualifications engage in financial leasing business?，we think，Since the law、Administrative regulations do not stipulate the need for pre-licensing，After the enterprise has gone through industrial and commercial registration, it can start financial leasing business。

but，In its official reply in 2014, the Ministry of Commerce held that，Domestic financial leasing enterprises not included in the list of financial leasing pilot enterprises，Although the business scope of the business license includes financial leasing，But cannot engage in financial leasing business。

1. Foreign-funded financial leasing companies The establishment conditions for foreign-funded financial leasing companies are relatively loose.，The core conditions are as follows：First，Registered capital is not less than US$10 million； second，The operating period generally does not exceed 30 years；third，Have appropriate professionals，Senior managers should have corresponding professional qualifications and no less than three years of experience。
2. Approval agencies are different. Financial leasing companies are non-bank financial institutions.，Pre-approval procedures need to be completed before industrial and commercial registration，Obtain approval from the China Banking Regulatory Commission。Domestic pilot financial leasing companies do not need pre-approval when registering with the industry and commerce，However, you need to apply for pilot qualification through the provincial commerce department (commission or bureau)，and obtained the Ministry of Commerce、Jointly confirmed by the State Administration of Taxation。

Foreign-funded financial leasing companies are foreign-funded enterprises，Need to complete foreign investment approval procedures，The approval level has been delegated to provincial commerce authorities and advanced economic and technological development zones.。

It is worth noting that，2025March 17，"Ministry of Commerce"、Notice of the State Administration of Taxation on Issues Concerning the Financial Leasing Business of Domestic Leasing Enterprises in Four Pilot Free Trade Zones including Tianjin，From April 1, 2025，Ministry of Commerce、The State Administration of Taxation entrusts the pilot confirmation work of financial leasing business of domestic leasing enterprises registered in the free trade pilot zones to the provinces where the respective trade pilot zones are located.、municipality、The commercial authorities at the municipal level (hereinafter referred to as the provincial level) and the State Taxation Bureau are separately listed in the plan。

1. Different business scopes: Financial leasing companies can operate the following businesses：finance lease；Transfer and transfer of financial lease assets；Fixed income securities investment；Accept lease security deposit from tenant；Absorb time deposits of more than 3 months (inclusive) from non-bank shareholders；interbank lending；Borrow money from financial institutions；Overseas borrowing；Sale and disposal of leased property；economic consulting。

Approved by the China Banking Regulatory Commission，Good operating condition、Qualified financial leasing companies can also engage in the following businesses:：Issue 1 bond；Establish project companies in domestic bonded areas to carry out financial leasing business；Asset Securitization；As a holding subsidiary、The project company provides guarantee for external financing。

According to the "Measures for the Supervision and Administration of Financial Leasing Enterprises"，Financial leasing companies can engage in the following businesses：Take a direct lease、sublease、Sale and leaseback、Leveraged lease、entrust leasing、Carry out financial leasing business through joint leasing and other forms；Carry out rental property purchases related to financial leasing and leasing operations、Rental property residual value treatment and repairs、Lease transaction consultation and guarantee、Transfer of accounts receivable to a third party、Accept leasing deposits and other businesses approved by the approval department。

Foreign-invested leasing companies can engage in the following businesses:：Financial leasing business；leasing business；Purchasing rental properties domestically and internationally；Residual value treatment and repair of leased property；Lease transaction consultation and guarantee。

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