(1) Having articles of association that conform to this Law and the Company Law of People's Republic of China (PRC);
(2) The registered capital shall not be less than 1 billion yuan, and it must be paid-in monetary capital;
(3) The major shareholder has a good performance in financial business or management of financial institutions, has a good financial status and social reputation, and its asset size meets the standards set by the State Council, and has no illegal record in the last three years;
(four) the number of personnel who have obtained the qualification for fund practice has reached a quorum;
(5) Directors, supervisors and senior managers have corresponding qualifications;
(6) Having business premises, safety precautions and other facilities related to the fund management business that meet the requirements;
(seven) has a good internal governance structure, perfect internal audit monitoring system and risk control system;
(eight) other conditions stipulated by laws and administrative regulations and the the State Council securities regulatory agency approved by the State Council.
To register a private equity fund company, it shall apply to the fund industry association for registration:
(1) The paid-in capital or contribution is not less than RMB 654.38+million;
(2) investing in the stocks publicly issued by a joint stock limited company, and investing in the products raised, managed or entrusted by other institutions.
The cumulative scale of bonds, fund shares and other securities and their derivatives as stipulated by the China Securities Regulatory Commission exceeds 654.38 billion yuan;
(3) Having two qualified licensed persons in charge and one person in charge of compliance risk control;
(four) has a good social reputation, no record of illegal acts in the past three years, in financial supervision, industry and commerce, taxation and other administrative machinery.
Customs and commercial banks, self-regulatory agencies and other institutions have no bad credit records.
Equity investment management institutions and venture capital management institutions that meet the registration conditions shall apply to the fund industry association for registration.