Plus other expenses, it is estimated that the initial investment will need at least 25 million yuan.
The State Administration for Industry and Commerce's Interim Measures for the Registration and Management of Futures Brokerage Companies has detailed provisions, which are recommended for the landlord's reference.
Among them, article 3 contains the landlord's concerns:
"A futures brokerage company shall meet the following basic conditions:
(1) Having a company name that meets the requirements;
(2) Having standardized articles of association;
(3) Having a fixed place and qualified communication facilities;
(four) the registered capital of100000 yuan or more;
(5) Having employees suitable for business operation, including no less than 20 full-time futures brokers;
(6) The legal representative and other senior management personnel meet the provisions of Article 9 of the Interim Provisions on the Examination and Approval Conditions and Registration Management of Legal Representatives of Enterprises as Legal Persons;
(7) Having a sound organizational structure and accounting system;
(eight) other conditions stipulated by laws and regulations ".
Specific practices The above laws and regulations also have clear provisions, specifically:
Article 4:
"The competent registration authority of a futures brokerage company is the State Administration for Industry and Commerce.
According to Article 5 of the Regulations on the Administration of Enterprise Legal Person Registration in People's Republic of China (PRC), a futures brokerage company under the jurisdiction of the State Administration for Industry and Commerce shall directly apply to the State Administration for Industry and Commerce for registration. Other futures brokerage companies shall be submitted to the State Administration for Industry and Commerce for approval and registration after preliminary examination by the local administrations for industry and commerce of provinces, autonomous regions and municipalities directly under the Central Government. The establishment of branches by futures brokerage companies is still handled according to the above procedures. "
Article 5 After accepting an application for industrial and commercial registration, the State Administration for Industry and Commerce shall make a decision on whether to approve or disapprove the registration within 30 days from the date of acceptance.
Article 6:
"The applicant shall apply for the business registration of a futures brokerage company, and submit the following documents and certificates:
Documents and certificates stipulated in Article 11 of the Regulations on the Administration of Registration of Enterprise Legal Persons in People's Republic of China (PRC);
(two) a certificate issued by the personnel management department or other relevant departments in accordance with the provisions of Item (six) of Article 3 of these Measures;
(3) List and resumes of futures brokers;
(4) Proof of ownership or lease of communication facilities and special equipment;
(5) Where the futures business involves special provisions of the state, the approval documents of the relevant administrative departments of the state shall be submitted;
(6) To engage in international futures business, a letter of intent for the futures brokerage business agreement signed with the member companies of the corresponding international futures exchange shall be submitted;
(7) If a foreigner is employed as a senior manager of the company, a certificate of appointment and a certificate issued by the notary office of the country (region) where he is located that conforms to the provisions of Item (6) of Article 3 of these Measures shall be submitted;
(eight) the implementation of the joint-stock system, it shall submit the relevant documents in accordance with the provisions of the "opinions on the norms of joint stock limited companies".
Article 7:
"Futures brokerage companies shall engage in business activities according to law, follow the principles of openness, fairness, honesty and credit, and abide by the following rules:
(1) Providing objective, accurate, timely and efficient services;
(2) Opening a special customer margin account in a financial institution designated by the registration authority, and keeping it separately from its own funds;
(three) truthfully record and timely implement customer instructions;
(four) the daily transaction records, accounting records and other important information intact for more than 5 years;
(five) to keep business secrets for customers;
(6) Providing public statements and risk statements at the business premises for customers to read;
(seven) within 60 days after registration, the deposit shall be paid to the financial institution designated by the registration authority, and the amount shall not be less than 25% of the total registered capital ".