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What are the procedures for the establishment of fund companies?
The process of establishing a fund company is as follows: the main sponsor, as the applicant, submits the application report, feasibility report, sponsor information, sponsor agreement, list of personnel responsible for preparatory work, resume and other materials to the China Securities Regulatory Commission to apply for the establishment of a fund management company; With the approval of the China Securities Regulatory Commission, the applicant applies to the China Securities Regulatory Commission for opening business after being ready; Fund management companies approved for establishment shall be uniformly announced to the public by the China Securities Regulatory Commission in designated newspapers.

legal ground

Article 6 of the Company Law

To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.