Conditions required to establish a small loan company

Conditions that need to be met to establish a small loan company Hong Kong Xintong- To establish a small loan company, you need to meet the following conditions (applicable nationwide)：

1. Shareholders meet the quorum；
2. The shares held by a single major shareholder (including its related parties) shall not exceed 30% of the company's total registered capital.，The shares held by other single shareholders and their related parties shall not exceed 20% of the company's total registered capital.，and shall not be less than 1% of the company’s total registered capital；
3. The registered (paid-in) capital of a limited liability company shall not be less than 50 million yuan，The registered (paid-in) capital of a joint-stock company shall not be less than 100 million yuan，Pay in full at one time by the investor or promoter；
4. Staff with corresponding professional knowledge and business experience； Port communication- Application procedures and application materials Preparation、The approval process for establishing a Beijing small loan company is as follows:： The enterprise submits an application to the district and county competent department (financial office) where the registration place is located - acceptance and preliminary review，Issue preliminary review opinions - Municipal Finance Bureau for approval - Issue approval (no approval) Preparatory approval stage，Applicants should apply to the district where the small loan company is proposed to be established.、The county competent department shall submit the following preparation application materials： a. Application for establishment；b. Feasibility study report；c. Preparation of work plan；d. The investor’s shareholder agreement regarding the capital contribution to establish a small loan company；e. Letter of commitment from the investor on investing in the establishment of a small loan company；f. Description of the relationship between the investors and relevant supporting materials；g. Name of legal person shareholder、Registered address、legal representative、A copy of the business license that has passed the annual industrial and commercial inspection、Business conditions、Integrity status、The principal and interest of outstanding loans from financial institutions and the status of the industry、Tax records and other matters；h. Name of natural person shareholder、Copy of ID card、Letter of commitment stating that the source of capital for the investment and the source of personal income are legal and true；i.Contacts and their mobile phones、Office phone、Fax phone、e-mail、Correspondence address (postal code)；j. Legal opinion issued by a lawyer on the legality and compliance of the materials to be submitted；k.Municipal competent department

Require

of other materials。

Set up approval stage，The applicant shall submit the completed business opening application form together with the following information to the district and county competent authority where the small loan company is to be established within the validity period of the establishment.： a. Application for establishment；b. Preparatory work report；c. Articles of Association approved by the general meeting of shareholders；d.Shareholder list；e. Main management systems and organizational chart；f. Proposed director、Certification materials for senior management personnel’s qualifications；g. Capital verification certificate issued by the statutory capital verification agency；h. Proof of ownership or right to use the business premises；i.Public security、Safety certificate issued by the fire department for business premises、Firefighting facility qualification certificate；j. Contact person and phone number、Fax phone、e-mail、Correspondence address (postal code)；k. A lawyer issues a legal opinion on the legality and compliance of the application materials.；l. Municipal competent department

Require

of other materials。

Preparation、The approval process for establishing a Shanghai small loan company is as follows:： The main sponsor first submits the application materials to the district and county government where the proposed registration is to be accepted and pre-examined，The Municipal Finance Office issued a document approving its establishment (disagreed)。

The applicant shall complete the preparatory work within 6 months from the date of obtaining the municipal finance office’s approval of its preparatory documents.，After completing the preparatory work，Submit in writing to the district and county competent authorities for pre-acceptance of the preparatory work，After formal acceptance is passed，The Municipal Finance Office issues an approval for the opening of the small loan company，The enterprise applies for registration to the industrial and commercial administration department with the approval document.。 Port communication-

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