The establishment of a fund management company requires a registered capital of no less than RMB 100 million, which must be paid-in monetary capital, a quorum of persons with fund qualifications, directors, supervisors, and senior managers must meet the corresponding qualifications, etc. Let’s look at the following.

See detailed requirements introduction.

What are the conditions required for an individual to establish a fund company?

1. The fund company has company regulations and business premises, as well as a sound internal management system; 2. The fund company’s registered capital is no less than RMB 100 million; 3. The major shareholders of the fund company operate financial businesses, and have been

There are no illegal records in 2018; 4. The executive directors, company supervisors and professional managers of fund companies, that is, those with fund professional qualification certificates, must have corresponding qualifications; 5. The requirements for company management must be those with fund professional qualification certificates.

Currently engaged in investment management related business for the past three years.

The difference between funds and foundations: 1. The organizational structures are different: Generally speaking, funds are securities investment funds, which are managed by fund companies. Fund companies are institutions with the purpose of profit, while foundations are non-profit organizations;

2. The ownership relationship is different: the fund (securities investment fund) is generated by the user's investment behavior, and the right to use it belongs to the investor, while the formation of the foundation fund is based on the donation relationship, and the ownership will be transferred. 3. The purpose of opening the fund is different:

The purpose of establishing funds (securities investment funds) is to provide value preservation and appreciation services for users’ funds, while funds established by foundations mainly serve social welfare undertakings.

The above is the relevant content about the conditions required to establish a fund company.