Individuals cannot establish fund companies.

Because according to the relevant laws and regulations of the Fund Law, a fund company must be a company with legal personality and cannot be an individual.

A fund company refers to an enterprise legal person established in China with the approval of the China Securities Regulatory Commission to engage in securities investment fund management business.

The company's board of directors is the highest authority of the fund company.

In a narrow sense, fund companies only refer to fund management companies (public fund companies) that are approved by the China Securities Regulatory Commission and can engage in securities investment fund management business; in a broad sense, fund companies are divided into public fund companies and private fund companies.

The business operations and personnel activities of public fund companies are subject to the supervision of the China Securities Regulatory Commission, and their employees are employees of the fund industry; private equity funds companies are not subject to supervision (the new fund law may bring private equity funds under the supervision of the China Securities Regulatory Commission).

In terms of organizational form, fund companies are divided into corporate fund companies and limited partnership fund companies.

In practice, all public equity fund companies are corporate fund companies, while private equity fund companies adopt both corporate and limited partnership systems.

Fund assets are independent of the inherent assets of the fund manager.

That is to say, on the one hand, fund companies are not allowed to include fund properties as their own property.

When the fund company goes bankrupt or collects debts, the fund is not included in this list; on the other hand, the investor's purchase of the fund does not constitute the purchase of the fund company's assets.