How many senior executives are needed to register a Chinese and foreign-funded commercial factoring company in Shenzhen?

The meaning of commercial factoring company，Commercial factoring means that the supplier will sell goods based on the contract it has entered into with the buyer.，Accounts receivable arising from service contracts are transferred to the factor，Accounts receivable financing provided by factors、Accounts receivable management and collection、Trade finance tools for integrated financial services such as credit risk management。The essence of commercial factoring is that suppliers based on commercial transactions，Convert the credit of the core enterprise (i.e. the buyer) to its own credit，Achieve accounts receivable financing。

More and more commercial factoring companies are incorporating supply chain finance, an innovative financial practice, into their own market position and competitive strategy system.。Supply chain financial risks are concentrated in the process of financing supply chain enterprises in commercial factoring companies. ，Due to the impact of various uncertain factors that cannot be predicted in advance，Cause the actual income of factoring products to deviate from the expected income，Or the assets may not be recovered and may suffer risks and losses.。

How to register a Qianhai commercial factoring company? First of all, commercial factoring companies are divided into three types:：Domestic capital、foreign investment、Sino-foreign joint venture，Next, we will mainly explain the registration conditions for foreign investment and domestic investment.。Conditions for foreign commercial factoring registration：

1. The registered capital should be no less than RMB 50 million。
2. Investors should have the appropriate asset scale and financial strength to carry out factoring business，No recent violation or penalty record。
3. Should be established in the form of a limited liability company。
4. The name should indicate "commercial factoring"。
5. Corresponding management systems should be established to carry out factoring business，Improve relevant business processes and operating specifications，Submit financial statements every six months、Compliance instructions、Report business development to the Municipal Economic and Trade Information Committee，and verify the authenticity of reports and information、accuracy、responsible for integrity。
6. When applying for establishment，There should be more than 2 senior managers with more than 3 years of management experience in the financial field and no bad credit records。

Registration conditions for domestic commercial factoring：

1. Investors should have the appropriate asset scale and financial strength to carry out factoring business，No recent violation or penalty record。
2. The registered capital is no less than RMB 5 million (subscribed) and the source is true and legal.。
3. No mixed business operation allowed。
4. There should be a sound internal control system。
5. When applying for establishment，There should be more than 2 senior managers with more than 3 years of management experience in the financial field and no bad credit records。

Where is it easier to register a commercial factoring company? In several free trade zones across the country，It should be said that the policies of Shenzhen Qianhai Free Trade Zone are good，At the same time, the difficulty of registration is also small.。in addition，Tianjin is known as the commercial factoring capital of the country，There are also better policies on taxes and government subsidies.。When choosing the registered address of a commercial factoring company，It is very necessary to understand the specific policies of the year。

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