Port communicationFinancial license，i.e. financial institution business license，by the People's Bank of China，Banking Regulatory Commission、The China Securities Regulatory Commission, China Insurance Regulatory Commission and other departments issued，strict control。What are the financial licenses?
The financial licenses that require approval in our country mainly include banks、Insurance、trust、Brokerage firm、financial leasing、futures、fund、7 third-party payment licenses, etc.，For local tycoon companies，It’s not easy to get one，Who can collect all 7 of them?，Can almost summon a dragon，Across the world，Become a financial chaebol。So，Financial license
Application conditions
What other ones are there? Let’s take a look!
What are the financial licenses? Financial licenses，i.e. financial institution business license，It is a formal document that approves financial institutions to conduct business.。Currently, the financial license is issued by the People’s Bank of China，Banking Regulatory Commission、The China Securities Regulatory Commission, China Insurance Regulatory Commission and other departments issued。Financial supervision is divided into ex-ante supervision according to time periods、Supervision in progress、ex post supervision，Market access system is the core of ex-ante supervision，Financial license is a normal manifestation of the market access system。
The financial licenses that require approval in our country mainly include banks、Insurance、trust、Brokerage firm、financial leasing、futures、fund、Fund subsidiaries、Fund sales、Third-party payment license、small loan、12 types of pawns。
Enterprises with all financial licenses Financial licenses
Application conditions
Summary (1) Financial licenses approved by the China Banking Regulatory Commission Bank license Trust license Financial leasing license Currency brokerage license Loan company license 1.1 Approval authority to establish a commercial bank，Must be reviewed and approved by the banking regulatory authority of the State Council。
1.2Legal basis "Commercial Bank Law of the People's Republic of China"、"Implementation Measures for Administrative Licensing Matters of Chinese-funded Commercial Banks" 1.3
Application conditions
Establish a commercial bank，The following conditions should be met：(1) Have articles of association that comply with the provisions of this Law and the Company Law of the People's Republic of China；(2) Have minimum registered capital that complies with the provisions of this Law；(3) Have directors with professional knowledge and business experience、senior management；(4) Have a sound organizational structure and management system；(5) There is compliance with
Require
business premises、Security precautions and other business-related facilities。
Establish a commercial bank，Other prudential conditions must also be met。1.4Registered capital
Require
The minimum registered capital limit for establishing a national commercial bank is one billion yuan。The minimum registered capital for establishing a city commercial bank is RMB 100 million.，The minimum registered capital for establishing a rural commercial bank is RMB 50 million.。Registered capital should be paid-in capital。
The businesses that can be engaged in with a trust license include various types of trust business、Engage in investment fund business as a promoter of an investment fund or fund management company, etc.。
2.1Approval authority for establishment of trust company，Must be approved by the China Banking Regulatory Commission，and obtain a financial license. 2.2 Legal basis: "Trust Company Management Measures" (Order of the China Banking Regulatory Commission)[2007]No. 2)、"Implementation Measures for Administrative Licensing Matters of Non-bank Financial Institutions of China Banking Regulatory Commission" 2.3
Application conditions
Set up a trust company，The following conditions should be met：(1) Have company articles of association that comply with the Company Law of the People's Republic of China and the provisions of the China Banking Regulatory Commission；(2) There are shareholders who have the qualifications to participate in shares as prescribed by the China Banking Regulatory Commission.；(3) Having the minimum registered capital specified in these Measures；(4) Have directors who have the qualifications prescribed by the China Banking Regulatory Commission、Senior managers and trust practitioners appropriate to their business；(5) Have a sound organizational structure、Trust business operating procedures and risk control system；(6) Comply with
Require
business premises、Security precautions and other business-related facilities；(7) Other conditions specified by the China Banking Regulatory Commission。
2.4Registered capital
Require
The minimum registered capital of a trust company is RMB 300 million or its equivalent in freely convertible currency.，Registered capital is paid-in monetary capital。Apply to operate a corporate annuity fund、Securities underwriting、Asset securitization and other businesses，Should comply with the minimum registered capital stipulated in relevant laws and regulations
Require
。
3.1Approval authority for the establishment of financial leasing companies，The main investor should apply to the China Banking Regulatory Commission as the applicant. 3.2 Legal Basis "Measures for the Administration of Financial Leasing Companies" (Order of the China Banking Regulatory Commission)[2007]No. 1) 3.3
Application conditions
(1) Have company articles of association that comply with the Company Law of the People's Republic of China and the provisions of the China Banking Regulatory Commission；(2) There are sponsors who meet the prescribed conditions；(3) The registered capital is one-time paid-in monetary capital，The minimum limit is RMB 100 million or equivalent in freely convertible currency；(4) Have directors who meet the qualifications for office、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.；(5) Establishing effective corporate governance、Internal control and risk management system；(6) Establishing a system related to business operation and supervision
Require
Compatible information technology architecture，Necessary to support business operations、Secure and compliant information systems，Have the technology and measures to ensure continued business operations；(7) Have a business place suitable for business operations、Safety precautions and other facilities；(8) Other prudential conditions specified by the China Banking Regulatory Commission。
3.4Registered capital
Require
Registered capital is one-time paid-in monetary capital，The minimum limit is RMB 100 million or equivalent in freely convertible currency。4.1Approval authority to establish currency brokerage company，The investor with the largest investment proportion should submit an application to the banking regulatory bureau of the proposed location as the applicant.，Acceptance and preliminary review by the Banking Regulatory Bureau、The Banking Regulatory Commission will review and decide。The CBRC shall make a written decision on approval or disapproval within 4 months from the date of receipt of complete application materials.。
4.2Legal Basis "Implementation Measures for Administrative Licensing Matters of Non-bank Financial Institutions of China Banking Regulatory Commission" (CBRC Order No. 13, 2007) 4.3
Application conditions
To establish a legal person institution of a currency brokerage company, the following conditions must be met:：(1) Have company articles of association that comply with the Company Law of the People's Republic of China and the provisions of the China Banking Regulatory Commission；(2) There are investors who meet the prescribed conditions；(3) The registered capital is one-time paid-in monetary capital，The minimum limit is RMB 20 million or equivalent in freely convertible currency；(4) Have directors and senior managers who meet the qualifications for office；(5) More than 60% of the employees should have been engaged in financial work or related economic work；(6) Have a sound organizational structure、Management system and risk control system；(7) Have a business place suitable for business operations、Safety precautions and other facilities；(8) Other prudential conditions specified by the China Banking Regulatory Commission。
4.4Registered capital
Require
Registered capital is one-time paid-in monetary capital，The minimum limit is RMB 20 million or equivalent in freely convertible currency。5.1Examine and approve applications for establishment of government loan companies，Accepted by the banking regulatory branch or the banking regulatory bureau in the city where it is located，The Banking Regulatory Bureau will review and decide。Application for opening a loan company，Accepted by the banking regulatory branch or the banking regulatory bureau in the city where it is located、review and decide。
5.2Legal Basis "Interim Provisions on the Management of Loan Companies" 5.3
Application conditions
To establish a loan company, the following conditions must be met:：(1) Have regulations that comply with regulations；(2) The registered capital is not less than RMB 500,000，paid-in monetary capital，The investor pays the full amount in one lump sum；(3) Have senior managers with professional knowledge and business experience；(4) Have staff with corresponding professional knowledge and experience；(5) Have the necessary organizational structure and management system；(6) Comply with
Require
business premises、Security precautions and other business-related facilities；(7) Other conditions specified by the China Banking Regulatory Commission。
5.4Registered capital
Require
Registered capital is not less than RMB 500,000，paid-in monetary capital，The investor pays the full amount in one lump sum。(2) The financial license approved by the People's Bank of China is related to the third-party payment license "Net Finance"。There are three types of third-party payment licenses:，They are：(one)Online payment;(two)Issuance and acceptance of prepaid cards;(three)Bank card acquiring。
6.1The approving authority is not responsible for providing payment services，A "Payment Business License" shall be obtained in accordance with the provisions of these Measures，Become a payment institution。The People's Bank of China is responsible for the issuance and management of the "Payment Business License"。
6.2Legal Basis "Measures for the Administration of Payment Services of Non-Financial Institutions" (Order of the People's Bank of China [2010] No. 2 No.) 6.3
Application conditions
Applicants for the "Payment Business License" must meet the following conditions：(1) A limited liability company or a joint-stock company established in accordance with the law within the territory of the People's Republic of China，And it is a non-financial institution legal person；(2) Have minimum registered capital that complies with the provisions of these Measures；(3) There are investors who comply with the provisions of these Measures；(4) Have more than 5 senior managers who are familiar with payment business；(5) There is compliance with
Require
anti-money laundering measures；(6) Comply with
Require
payment business facilities；(7) Have a sound organizational structure、Internal control system and risk management measures；(8) There is compliance with
Require
business premises and safety measures；(9) The applicant and its senior managers have not been punished in the past three years for using payment business to commit illegal and criminal activities or handling payment business for illegal and criminal activities.。
6.4Registered capital
Require
central bank
Require
Enterprises that provide payment services nationwide，The minimum registered capital is RMB 100 million；Those who intend to engage in payment business within the provincial level，The minimum registered capital is RMB 30 million.。
(3) Financial licenses approved by the China Securities Regulatory Commission Fund sales license Fund sales payment license Brokerage license Public fund license Futures license Fund subsidiary license is the financial license required to engage in securities investment fund sales，Securities investment fund sales include fund sales agencies’ promotion of funds，Offering fund shares，Handle fund share subscription、Redemption and other activities。
Domestic fund sales institutions mainly include banks、fund、Securities and other financial institutions，Among them, banks are the largest channel，accounting for more than half。
2012Year，The central bank begins to open fund license applications to third-party financial institutions，That is to say，except bank、Funds and Securities，Third-party financial management companies that were originally engaged in the sale of private equity or trust products can also engage in the sale of securities investment funds.，To be more precise, it is securities investment fund agency sales.，These third-party financial institutions take the form of cooperation with fund companies。
7.1Approval authority Commercial banks (including foreign-funded corporate banks in China，Same below)、Securities company、Futures Company、insurance agency、Securities investment consulting agency、Independent fund sales agencies and other institutions recognized by the China Securities Regulatory Commission are engaged in fund sales business，You should register with the China Securities Regulatory Commission dispatched office in the place of industrial and commercial registration and obtain the corresponding qualifications 7.2 Legal Basis "Measures for the Administration of Sales of Securities Investment Funds" 7.3
Application conditions
commercial bank、Securities company、Futures Company、insurance agency、Securities investment consulting agency、Independent fund sales agencies and other institutions recognized by the China Securities Regulatory Commission apply for registration of fund sales business qualifications，The following conditions should be met：(1) Have a sound governance structure、Complete internal control and risk management system，and be effectively implemented；(2) Good financial status，Standard and stable operation；(3) Having a business location suitable for fund sales business、Security precautions and other facilities；(4) There is safety、Efficiently handle fund offerings、Technical facilities for subscription and redemption operations，And it complies with the relevant regulations of the China Securities Regulatory Commission on the fund sales business information management platform.
Require
，The technical system of the fund sales business has been integrated with the fund manager、The corresponding technical systems of China Securities Depository and Clearing Corporation have been tested online.，The test results comply with national standards；(5) Establishing a complete fund settlement process，Fund management complies with the China Securities Regulatory Commission’s regulations on fund sales and settlement fund management.
Require
；(6) Have a method system for evaluating the risk tolerance of fund investors and the risk level of fund products；(7) Developing a complete business process、Sales Personnel Professional Conduct、Emergency response measures and other fund sales business management systems，Comply with the relevant requirements of China Securities Regulatory Commission on the internal control of fund sales institutions.
Require
；(8) Compliance with laws and regulations
Require
anti-money laundering internal control system；(9) Other conditions stipulated by the China Securities Regulatory Commission。
This license is issued to payment companies，Refers to monetary fund transfer services provided by non-financial institutions as intermediaries between payees and payees.。Fund sales institutions can choose commercial banks or payment institutions to engage in fund sales payment and settlement business.。Investors subscribe through direct sales、When subscribing for funds, you can use third-party payment tools with this license instead of banks to pay.。The most direct benefit for customers is to subscribe、Lower discounts on subscription rates。
8.1Approval authority China Securities Regulatory Commission 8.2 Legal basis "Measures for the Administration of Sales of Securities Investment Funds" 8.3
Application conditions
Fund sales institutions shall select commercial banks or payment institutions that meet the following conditions to engage in fund sales payment and settlement business:：(1) There is safety、Efficient information system for handling payment and settlement business。
The information system should have legal intellectual property rights，And complete online testing with partner institutions and regulatory agencies，Test results comply with national standards；(2) An effective risk control system has been formulated；(3) Other conditions stipulated by the China Securities Regulatory Commission。
Payment institutions engaged in fund sales payment and settlement business shall, in addition to meeting the above-mentioned conditions,，You should also obtain the "Payment Business License" issued by the People's Bank of China，And the company’s fund sales payment and settlement business account should be effectively isolated from the company’s other business accounts.。Brokerage license，That is, a securities business license。The current brokerage license includes securities underwriting and sponsorship、Broker、Self-operated、direct investment、Securities investment activities、Securities asset management and margin trading, etc.。
9.1Approval authority for establishment of securities companies，Must be reviewed and approved by the securities regulatory authority of the State Council。
9.2Legal basis "Securities Law"、"Regulations on the Supervision and Administration of Securities Companies" 9.3
Application conditions
Establish a securities company，The following conditions should be met：(1) Comply with the law、Articles of Association stipulated in administrative regulations；(2) Major shareholders have sustained profitability，Good reputation，No major violations of laws and regulations in the past three years，Net assets shall not be less than RMB 200 million；(3) Having registered capital that complies with the provisions of this Law；(4) Directors、supervisor、Senior managers are qualified，Practitioners have securities qualifications；(5) Have a complete risk management and internal control system；(6) Have qualified business premises and business facilities；(7) Law、Other conditions stipulated by administrative regulations and stipulated by the securities regulatory authority of the State Council approved by the State Council。
(8) Shareholders of a securities company shall contribute capital in currency or non-monetary assets necessary for the operation of the securities company.。The total non-monetary property investment of shareholders of a securities company shall not exceed 30% of the registered capital of the securities company.。(9) Capital contributions from shareholders of securities companies，securities、Capital verification and certificate issued by an accounting firm with futures-related business qualifications；Non-monetary property in investment，Should be evaluated by an asset appraisal agency with securities-related business qualifications。
(10) A securities company should have at least 3 senior managers who have served as senior managers in the securities industry for more than 2 years.。(11) When a securities company is established，Its business scope should be consistent with its financial status、internal control system、Compliance system and human resources situation are suitable。9.4Registered capital
Require
Securities companies engage in securities brokerage、Securities investment consulting、Financial advisory activities related to securities trading and investment，The minimum registered capital is 50 million。
Engaged in securities underwriting and sponsorship、Securities self-operation、An item in securities asset management，The minimum registered capital is 100 million yuan，The minimum registered capital for two or more items is 500 million yuan。
10.1Approval Authority The Securities Regulatory Authority of the State Council 10.2 Legal Basis "Securities Investment Fund Law"、"Administrative Measures for Securities Investment Fund Management Companies"、"Interim Provisions on Asset Management Institutions Carrying out Public Securities Investment Fund Management Business" 10.3
Application conditions
Fund management companies and qualified asset management institutions may carry out public fund business upon approval。
(1) Fund management company’s
Application conditions
Establish a fund management company，The following conditions should be met：(1) Shareholders comply with the provisions of the Securities Investment Fund Law and these Measures；(2) Compliance with the Securities Investment Fund Law、"Company Law" and the Articles of Association stipulated by the China Securities Regulatory Commission；(3) Registered capital shall not be less than RMB 100 million，And shareholders must pay in cash，Foreign shareholders shall contribute capital in freely convertible currency；(4) Comply with the law、Proposed senior managers as prescribed by administrative regulations and the China Securities Regulatory Commission and engaged in research、invest、Valuation、Marketing and other business personnel，Proposed senior management personnel、No less than 15 business personnel，and should obtain fund practitioner qualifications；(5) There is compliance with
Require
business premises、Safety precautions and other business-related facilities；(6) Establishing a reasonable division of labor、Organizational structure and job positions with clear responsibilities；(7) Have supervision and auditing in compliance with the provisions of the China Securities Regulatory Commission、Risk control and other internal control systems；(8) Other conditions stipulated by the China Securities Regulatory Commission approved by the State Council。
The number of equity participations in fund management companies by one institution or multiple institutions controlled by the same actual controller shall not exceed 2.，The number of holding fund management companies shall not exceed 1。10.4Registered capital
Require
The registered capital of the fund management company shall not be less than RMB 100 million.，And shareholders must pay in cash，Foreign shareholders shall contribute capital in freely convertible currency；The asset management institution’s paid-in capital or actual paid-in capital shall not be less than 10 million yuan。
12.1Approval authority for the establishment of futures companies，Must be approved by the futures regulatory agency of the State Council，and register with the company registration authority。
12.2Legal Basis "Regulations on the Administration of Futures Trading"、"Administrative Measures for Futures Companies" 12.3
Application conditions
Apply to establish a futures company，Should comply with the provisions of the Company Law of the People's Republic of China，And meet the following conditions：(1) The minimum registered capital is RMB 30 million；(2) Directors、supervisor、Senior managers are qualified，Practitioners have futures qualifications；(3) Comply with the law、Articles of Association stipulated in administrative regulations；(4) The major shareholders and actual controllers have sustained profitability，Good reputation，No major violations of laws and regulations in the past three years；(5) Have qualified business premises and business facilities；(6) Have a sound risk management and internal control system；(7) Other conditions stipulated by the futures regulatory agency of the State Council。
12.4Registered capital
Require
The minimum registered capital is RMB 30 million，Registered capital should be paid-in capital。Shareholders shall contribute capital in currency or non-monetary assets necessary for the futures company's operations.，The proportion of currency investment shall not be less than 85%。Fund subsidiaries refer to those established in accordance with the Company Law，Controlled by a fund management company，Operate specific client asset management、Limited liability companies for fund sales and other businesses licensed by the China Securities Regulatory Commission。
Investment targets include traditional stock markets、Bond market and futures market，Various direct investment projects，interest rate、exchange rate、financial derivatives，and all future targets for asset securitization.。
11.1Approval authority approved by China Securities Regulatory Commission，Fund management companies can establish wholly-owned subsidiaries，You can also jointly invest with other investors to establish a subsidiary. 11.2 Legal Basis "Interim Provisions on the Management of Subsidiaries of Securities Investment Fund Management Companies" 11.3
Application conditions
Other investors participating in a subsidiary must meet the following conditions:：(1) Technical cooperation、Management services、Have strong capabilities in personnel training or marketing channels, etc.
Advantages
；(2) Help subsidiaries improve their governance structure、Improve competitiveness、Promote the sustainable and standardized development of subsidiaries；(3) No major administrative or criminal penalties due to violations of laws and regulations in the past three years；(4) Not being investigated by regulatory agencies for any violation of laws or regulations，Or is in the process of rectification；(5) Have good social reputation，In the past three years in financial supervision、tax、Industry and commerce departments and self-regulatory management、Commercial banks and other institutions have no major bad records；(6) Other conditions stipulated by the China Securities Regulatory Commission。
11.4Registered capital
Require
When a fund management company establishes a subsidiary, it must invest its own funds。The registered capital of the subsidiary shall be no less than RMB 20 million.。
(4) Financial license, insurance license, and insurance agency license approved by the China Insurance Regulatory Commission. With this license, you can underwrite various property insurances in RMB and foreign currencies.、liability insurance、credit insurance、agricultural insurance、Insurance business such as personal insurance；Handle various domestic、International reinsurance business and statutory insurance business；Establish agency relationships and business relationships with foreign insurance companies and related institutions，Act as an agent for foreign insurance institutions in handling loss appraisal and claims settlement, as well as other related matters entrusted by them.。
。13.1The establishment of an insurance company by the examination and approval authority must be approved by the insurance regulatory agency of the State Council。
13.2Legal basis "Insurance Law of the People's Republic of China" 13.3
Application conditions
To establish an insurance company, the following conditions must be met:：(1) Major shareholders have sustained profitability，Good reputation，No records of major violations of laws and regulations in the past three years，Net assets shall not be less than RMB 200 million；(2) Have articles of association that comply with the provisions of this Law and the "Company Law of the People's Republic of China"；(3) Having registered capital that complies with the provisions of this Law；(4) Have directors with professional knowledge and business experience、Supervisors and senior managers；(5) Have a sound organizational structure and management system；(6) Comply with
Require
business premises and other facilities related to the conduct of business；(7) Law、Administrative regulations and other conditions stipulated by the insurance regulatory authority of the State Council。
13.4Registered capital
Require
The minimum registered capital of an insurance company is RMB 200 million.。The registered capital of an insurance company must be paid-in monetary capital。The Insurance Regulatory Authority of the State Council shall, based on the business scope of insurance companies,、Business scale，Can adjust the minimum amount of its registered capital，But it shall not be lower than the limit specified in paragraph 1 of this article。
insurance agency、Insurance Broker License Insurance agent is entrusted by the insurance company，Charge commission to the insurance company，and institutions or individuals that handle insurance business on their behalf within the scope authorized by the insurer.。Insurance agencies include professional insurance agencies that specialize in insurance agency business and part-time insurance agencies that also engage in insurance agency business.。
Insurance brokers are based on the interests of policyholders，Provide intermediary services for policyholders and insurers to conclude insurance contracts，and institutions that collect commissions in accordance with the law。14.1Approval authority insurance agency、Insurance brokers shall meet the conditions specified by the insurance regulatory agency of the State Council，Obtain an insurance agency business license issued by the insurance regulatory authority、Insurance Brokerage Business License。
14.2Legal basis "Insurance Law of the People's Republic of China" 14.3
Application conditions
Insurance professional agency、Senior executives of insurance brokers，Should be of good conduct，Familiar with insurance laws、Administrative regulations，Have the business and management capabilities required to perform duties，and obtain qualifications approved by the insurance regulatory authority before taking up the position.。
14.4Registered capital
Require
Insurance professional agency、The registered capital or capital contribution of an insurance broker must be paid-in monetary capital。Establishing a professional insurance agency in the form of a company、insurance broker，The minimum registered capital shall be subject to the provisions of the Company Law of the People's Republic of China。
The Insurance Regulatory Authority of the State Council, in accordance with the Insurance Professional Agency、Insurance broker’s business scope and scale of operations，Can adjust the minimum amount of its registered capital，But it shall not be lower than the limit stipulated in the Company Law of the People's Republic of China。
(5) Financial licenses approved by other authorities Pawn license Small loan company license Financing guarantee license Financing leasing license Pawn refers to the pawnbroker’s movable property、Property rights are pledged as collateral or real estate is pledged to a pawnbroker，Deliver a certain percentage
cost
，Get deposit，and pay interest on the deposit within the agreed period、repay the deposit、the act of redeeming something pledged。
According to data released by the Shanghai Code Industry Association，As of the end of June 2014，There are 259 pawn companies in the city(8 new pawn companies were established)；68 branches (5 new branches)。
15.1The approval authority, the Ministry of Commerce, approves and issues the "Pawn Business License" 15.2 Legal Basis Ministry of Commerce、Ministry of Public Security Order No. 8 of 2005 "Pawn Management Measures" 15.3
Application conditions
Apply to set up a pawn shop，The following conditions should be met：(1) Comply with the law、Statutes and regulations；(2) Have minimum registered capital that meets the provisions of these Measures；(3) There is compliance with
Require
business premises and necessary facilities for conducting business；(4) Have management personnel and appraisers who are familiar with the pawn business；(5) There are two or more legal person shareholders，And the legal person shares are relatively controlling；(6) Public security management in compliance with Articles 9 and 10 of these Measures
Require
；(7) Comply with the national overall plan for pawn shops、Reasonably laid out
Require
。
15.4Registered capital
Require
The minimum registered capital of a pawn shop is 3 million yuan；Engaged in real estate mortgage pawn business，The minimum registered capital is 5 million yuan；Engaged in property rights pledge and pawn business，The minimum registered capital is 10 million yuan。The minimum registered capital 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。
The business scope of this license：unsecured loan、mortgage loan、mortgage loan、equity mortgage、personal loan、small loan、business loan、consumer loan、mortgage loan、business loan。
16.1Approval authorities: Provincial governments can specify a competent department (financial office or related agency) responsible for the supervision and management of small loan companies.，and are willing to assume the risk management responsibilities of small loan companies，Only in this province (district)、Pilot projects for establishing small loan companies will be carried out within the county areas of the city)。
16.2Legal Basis "Guiding Opinions on the Pilot Program of Small Loan Companies" (Yinjianfa [2008] No. 23) 16.3
Application conditions
Shareholders of small loan companies must meet quorum requirements。A limited liability company should be established with capital contributions of less than 50 shareholders；A joint stock company shall have 2–200sponsor，More than half of the sponsors must have residence in China。
Apply to establish a small loan company，A formal application should be made to the provincial government authority，After approval，Go to the local industrial and commercial administration department to apply for registration and obtain a business license。also，You should also report to the local public security agency within five working days.、Submit relevant information to agencies dispatched by the China Banking Regulatory Commission and branches of the People's Bank of China。
16.4Registered capital
Require
The source of registered capital of a small loan company should be true and legal，All are paid-in monetary capital，Pay in full at one time by the investor or promoter。The registered capital of a limited liability company shall not be less than 5 million yuan，The registered capital of a joint-stock company shall not be less than 10 million yuan。single natural person、Corporate legal person、Shares held by other social organizations and their affiliates，shall not exceed 10% of the total registered capital of the small loan company。
Financing guarantee companies are approved by regulatory authorities，Can operate some or all of the following financing guarantee businesses：(1) Loan guarantee。(2) Bill acceptance guarantee。(3) Trade financing guarantee。(4) Project financing guarantee。(5) Letter of credit guarantee。(6) Other financing guarantee business。Financing guarantee companies are approved by regulatory authorities，Can concurrently engage in some or all of the following businesses：(1) Litigation Preservation Guarantee。
(2) Bid guarantee、advance payment guarantee、Project performance guarantee、Performance guarantee business such as guarantee of final payment as agreed。(3) Financing consultation related to guarantee business、Financial advisory and other intermediary services。(4) Invest with own funds。(5) Other businesses specified by regulatory authorities。
17.1Approval authority province、autonomous region、The department designated by the people's government of the municipality directly under the Central Government to be responsible for the supervision and management of financing guarantee companies in its jurisdiction (most local designated financial offices,Zhejiang Province is the Provincial Small and Medium Enterprises Bureau)。17.2Legal Basis "Interim Measures for the Administration of Financing Guarantee Companies" 17.3
Application conditions
Establish a financing guarantee company，The following conditions should be met：(1) Have articles of association that comply with the provisions of the Company Law of the People's Republic of China。
(2) Have shareholders with the ability to continuously contribute capital。(3) Have registered capital that complies with the provisions of these Measures。(4) Have directors who meet the qualifications for office、supervisor、Senior managers and qualified practitioners。(5) Have a sound organizational structure、Internal control and risk management system。(6) Comply with
Require
(7) Other prudential conditions specified by regulatory authorities。
Attention should be paid to distinguishing between financial leasing license and financial leasing license，The former is overseen by the Ministry of Commerce，The latter is the China Banking Regulatory Commission。The financial leasing licenses administered by the Ministry of Commerce are divided into two categories:：Foreign investment financial leasing、Domestic financial leasing。
18.1The Ministry of Commerce is responsible for the examination and approval of foreign-invested financial leasing companies.、Domestic pilot financial leasing companies are jointly approved by the Ministry of Commerce and the State Administration of Taxation 18.2 Legal Basis "Measures for the Supervision and Administration of Financial Leasing Enterprises"、"Notice on Issues Concerning Engaging in Financial Leasing Business"、"Measures for the Administration of Foreign Investment in the Leasing Industry" 18.3
Application conditions
(1) The Ministry of Commerce is responsible for approving foreign-invested financial leasing companies. Foreign-invested financial leasing companies must meet the following conditions:：(1) Registered capital shall not be less than US$10 million；(2) The operating period of a foreign-invested financial leasing company in the form of a limited liability company generally does not exceed 30 years.。
(3) Have corresponding professionals，Senior managers should have corresponding professional qualifications and no less than 3 years of working experience。
(2) Domestic-funded pilot financial leasing companies shall be jointly approved by the Ministry of Commerce and the State Administration of Taxation to engage in financial leasing business pilot enterprises (hereinafter referred to as financial leasing pilot enterprises) and shall meet the following conditions at the same time：(1) Have a sound internal management system and risk control system；(2) Have corresponding financial、trading、law、Accounting professionals，Senior managers should have no less than three years of experience in the leasing industry；(3) Good operating performance in the past two years，No record of violation of laws and regulations；(4) Have an industry background related to the financial leasing products they engage in；(5) Other conditions stipulated by laws and regulations。
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