Before applying for a private fund manager, a private fund entity company must be registered:

(1) Preparation materials

When registering a private equity theme company, the following materials shall be prepared:

1. company name: according to the regulations of the association, the name and business scope of the main company applying for private equity fund license must include the words "private placement", "investment management", "asset management", "equity investment" and "fund management". General company names include XXXX Investment Management Co., Ltd., XXXX Asset Management Co., Ltd., XXXX Investment Co., Ltd., XXXX Equity Investment Management Co., Ltd., XXXX Capital Management Co., Ltd., etc. The determination of the name is related to the specific provisions of the industrial and commercial bureaus all over the country, and the final audit results of the names in different places are also different.

2. Company type: At present, it is generally a limited liability company or a limited partnership (at present, the association has released the wholly foreign-owned enterprise (WOFE) to apply for the private equity fund manager license in China).

3. Registered address: The main considerations for choosing the appropriate registered address of the company are: providing registered address, tax incentives, tax rebates and rewards for senior executives, management scale incentives, office space provision and other supporting service measures. However, a sad story is that most parts of the country are basically not allowed to register asset management companies. If there is no ready-made investment company, you can choose to buy a shell (an asset management company registered by others), but the price of buying a shell is not cheap (there are few private buyers to sell it now); Or contact Cheng Fujinfu to register as an investment company.

4. Registered capital: Now it is a subscribed capital system, and shareholders can agree to pay their capital in full before a certain time. Private placement of securities, the best registered capital is 6.5438+million, and the best equity category is 20 million. The probability of filing a case in the future is higher. The association requires that the proportion of paid-in capital reach more than 25%, or the paid-in capital can guarantee the company's operation for more than 6 months.

5. Business scope of the company: According to the regulations of the Association, the current business scope of private equity fund managers can only be: asset management, investment management, equity investment management and equity fund investment management (it is recommended not to write "investment consultation" in the business scope of managers applying for private equity licenses).

(2) Company registration

Industrial and commercial registration can be carried out after the above materials are prepared. Engraving, opening a bank account, making a logo, opening a social security provident fund account, etc. , a few thousand dollars can be done. Then you need to rent an office. When the association puts on record, you should look at the photos of your office building and front desk with logo. This can't be fake. Other considerations are as follows:

1. Approved taxes: At present, general investment companies are approved as small-scale taxpayers of value-added tax, and the value-added tax rate is 6% (total turnover *6%= value-added tax), corporate income tax is 25%, and personal income tax is 20% (the main income of investment companies is management fees and back-end performance sharing, so this tax should be negotiated with the park where the company is registered, and a certain percentage of tax will be refunded).

2. Handle U shield for legal person, open tripartite agreement of tax and bank, ensure online tax filing in the future, and handle online operation of employee social security accumulation fund.

3. Looking for the company office: Because the actual office address is required to apply for a private placement license, lawyers and associations will conduct on-site due diligence.

4. Company website construction, WeChat website construction (it should be noted that products cannot be raised through public channels, and information disclosure should meet the requirements of the association).

Second, apply for a private equity fund license.

(1) Preparation materials

To apply for a private equity fund license, you need to prepare the following materials:

1. Qualifications of senior managers: Private equity funds engaged in securities must have at least two senior managers with fund qualifications, among whom the legal representative, general manager and risk controller must have fund qualifications.

2. Business scope: According to the regulations of the Association, the business scope of private equity fund managers can only be: asset management, investment management, equity investment management and equity fund investment management (it is recommended not to write "investment consulting" in the business scope of managers applying for private equity fund type licenses).

3. Registered capital: the proportion of paid-in capital reaches more than 25%, or the paid-in capital can guarantee the company to operate for more than 6 months.

4. Office conditions: it is necessary to have an actual office address of any size, which can meet the normal work of all employees of the company and have suitable office equipment.

5. Senior management: It is better to have 5- 10 employees. Organizational structure: General Manager, Investment Department, Risk Control Department, Administration Department, Marketing Department, Personnel Department, etc. , each has 1-2 employees, of which the general manager, risk control director and investment manager are best full-time, and others can work part-time.

6. Institutional documents: prepare institutional documents according to the situation of the association and the company. Generally, there are 9-23 institutional documents (don't copy all other templates. The association is very strict in reviewing this aspect now, and it needs to be prepared strictly according to its own situation. A few are not important, but it is important to match with its own company).

7. License plate type:

According to the latest revision notice of the China Foundation, private fund managers can be divided into the following three types. When planning, the fund manager shall specify the type of the fund manager and the types of the following fund products, so as to facilitate the arrangement of the following matters.

Fund managers can be divided into the following three categories:

I. Private equity investment fund managers

B. private equity and venture capital fund managers

C. Other private investment fund managers

Fund products can be divided into the following 9 categories:

1) equity fund

Refers to the private equity fund that invests more than 80% (inclusive) of its assets in stocks or equity funds according to the investment scope agreed in the contract.

2) Fixed income fund

It refers to the private equity fund that invests in financial products such as bank deposits, standardized bonds, bond funds, stock pledged repo, bank wealth management products with expected returns, trust plans and other assets with an asset ratio higher than 80% (inclusive) according to the investment scope agreed in the contract.

3) Mixed funds

Refers to the private equity investment fund whose investment scope as agreed in the contract includes stocks, bonds and money market instruments, but the main investment direction is not clear.

4) Futures and other derivatives funds

Refers to the investment scope agreed in the contract, mainly investing in financial derivatives such as futures and options, as well as senior private equity investment funds.

5) M&A Fund

Refers to the private equity fund that mainly buys the equity of enterprises in the reconstruction period.

6) Real estate funds

Refers to private equity funds engaged in the development of first-class real estate projects, including real estate funds invested in mezzanine mode.

7) Infrastructure Fund

Refers to private equity funds investing in infrastructure projects, including infrastructure funds invested in mezzanine mode.

8) Listed companies will increase their capital.

Refers to the private equity investment fund that mainly invests in the private placement of listed companies.

9) Red wine art and other commodity funds

It refers to a private investment fund that takes artworks, red wine and other commodities as investment objects.

Choose one or more according to your actual needs. According to the latest feedback information from the Association, "Apply for business types and suggest specialized operation", it is suggested that managers only apply for one fund license type temporarily when the company team and departments are not enough, and then increase the types after the team is expanded, so that the chances of passing the examination of the Association are relatively high.

8. Legal opinions: Professional law firms need to be invited to conduct due diligence, complete legal opinions according to the requirements of the association, and submit them when the private equity fund manager applies for a license.