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What are the procedures required to open an investment and financial management company and how does it work?

Article 23 of the "Company Law of the People's Republic of China": To establish a limited liability company, the following conditions must be met:

(1) The shareholders meet the quorum;< /p>

(2) The amount of capital contributions subscribed by all shareholders is in compliance with the provisions of the company’s articles of association;

(3) The shareholders *** jointly formulate the company’s articles of association;

( 4) Have a company name and establish an organizational structure that meets the requirements of a limited liability company;

(5) Have a company domicile.

Article 24: A limited liability company shall be established with capital contribution from less than fifty shareholders.

Article 25: The articles of association of a limited liability company shall specify the following matters:

(1) Company name and domicile;

(2) Company operations Scope;

(3) Registered capital of the company;

(4) Name of shareholder;

(5) Shareholder’s method of capital contribution, amount of capital contribution and Time of investment;

(6) The company’s organization and its formation methods, powers, and rules of procedure;

(7) The legal representative of the company;

(8) ) Other matters that the shareholders’ meeting deems necessary to stipulate.

Shareholders should sign and seal the articles of association.

Extended information

(1) Institutions engaged in securities or futures investment consulting business respectively shall have more than five full-time personnel who have obtained securities or futures investment consulting qualifications; and shall be engaged in securities and futures investment consulting business simultaneously. An institution engaged in futures investment consulting business must have more than ten full-time personnel who have obtained securities or futures investment consulting qualifications; at least one of its senior managers must have obtained securities or futures investment consulting qualifications;

(II ) has a registered capital of more than 1 million yuan;

(3) has a fixed business location and communication and other information transmission facilities suitable for the business;

(4) has Articles of Association;

(5) Have a sound internal management system;

(6) Meet other conditions required by the China Securities Regulatory Commission.

National People's Congress-Company Law of the People's Republic of China