Guangzhou commercial factoring company establishment conditions

consulting agency：Main business：Commercial factoring registration、Commercial factoring transfer What are the conditions for establishing a Guangzhou commercial factoring company? Commercial factoring company as a quasi-financial industry，At present, it is affiliated to the China Banking and Insurance Regulatory Commission，The actual authority lies with local provincial and municipal financial offices.。To apply to establish a commercial factoring company in Guangzhou area，According to the differences between domestic and foreign factoring，There are different

Require

。

In terms of application difficulty，To establish a domestic factoring company，It is much simpler than setting up a foreign factoring company。In process，To establish a domestic factoring company，You can apply for registration directly at the industrial and commercial window。Approved by the factoring company in Guangzhou

Require

The conditions and procedures for establishing a factoring company in Guangzhou are the same as those for ordinary company registration.，Processing cycle：5working days。

Registered capital

Require

Not less than RMB 30 million，The capital contribution must be completed within the time limit stipulated in the articles of association and the actual payment is received.。If you apply to establish a foreign-funded commercial factoring company，Must meet conditions：Initiated and established by overseas enterprises，Regional restrictions。Usually initiated by a Hong Kong company。Provide business premises within the jurisdiction of Guangzhou for industrial and commercial business license registration and filing。Provide two or more personnel to serve as directors, supervisors and senior management。

Registered capital limit：No less than 10 million US dollars (subscription system) Qualifications for directors, supervisors and senior executives：No restrictions on actual business location：Any place other than residence can be used for industrial and commercial registration。Establish a foreign-funded commercial factoring company，In terms of procedures：Apply for the identity notarization document of the overseas sponsor, confirm the registered address, apply for the establishment and filing of a foreign-invested enterprise, make an appointment for industrial and commercial registration, open a public account in the bank and activate the tax account.。

The application processing cycle for the above process：15-20Business scope statement of Guangzhou commercial factoring company：Commercial factoring business。in actual operations，Commercial factoring companies can carry out bills including bills、Accounts receivable business including acceptance bills, etc.。Commercial factoring is an extremely important link in the supply chain financial system，in social production，Plays an important role in financing。

For financiers，Participating in factoring business can shorten the collection time of the company's accounts receivable，Improve fund usage efficiency。Commercial factoring helps reduce accounts receivable management costs，Reduce finances

cost

expenditure，Enhance asset liquidity and capital turnover efficiency，Improve cash flow situation，In line with the company's development plan and the company's overall interests；Related products：Guangzhou Commercial Factoring,Conditions for establishment

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