Generally speaking, the subscription fee of private equity funds involves subscription fee, redemption fee, fixed management fee and floating management fee. Payment method of private equity fund management fee: the management fee is accrued daily according to the net value of the previous day, and the management fee accrued on that day is equal to the management rate multiplied by the net value of the previous day divided by 365; Pay management fees according to the paid-in capital contribution; Pay the management fee progressively every year; Pay the management fee in one lump sum; Management fees are allowed to be paid in stages and asynchronously. Legal basis: Article 76 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for the establishment of a joint stock limited company: (1) the promoters meet the quorum; (2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association; (3) The issuance and offering of shares comply with the law; (4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting; (5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company; (6) Having a company domicile. Article 77 A joint stock limited company may be established by means of initiation or offering. A promoter refers to a company established by the promoters who subscribe for all the shares that should be issued by the company. The establishment by public offering means that the promoters subscribe for part of the shares that should be issued by the company and raise the remaining shares to the public or specific objects to establish the company.