Yes, as long as you want to be a fund, it is necessary, and the threshold for registration of fund companies is very high. Generally, private equity funds have their own funds of more than 50 million. Must be registered in the industrial and commercial departments, and to the CSRC for examination and approval, and to the CSRC for the record.

Even investment and financial consulting institutions must go through examination and approval for the record, otherwise they cannot register for investment and financial management when registering.