How to set up a commercial factoring company, conditions for applying for a commercial factoring company in Qianhai, Shenzhen

How to set up a commercial factoring company, conditions for applying for a commercial factoring company in Qianhai, Shenzhen
Commercial factoring business process｜Agency process｜Preferential policies
Shenzhen Tengbo International Business Co., Ltd.
Please consult Tengbo for details Bo International Consultant: Mr. Mai
:
Office address: Building B, Vanke Enterprise Mansion, Qianhai, Nanshan, Shenzhen
Factoring is based on the accounts receivable generated by the company in the sale of goods or service contracts. It is a comprehensive financial service that provides financial management, trade financing, credit risk control, bad debt guarantee and other service functions provided by commercial banks or commercial factoring companies. When it comes to commercial factoring business, Han Jiaping, director of the Credit and E-Commerce Research Institute of the Ministry of Commerce Research Institute and executive deputy director and secretary-general of the Commercial Factoring Professional Committee of the China Association for Trade in Services, said: At present, the assets of domestic small and medium-sized enterprises are accounts receivable. How Revitalizing accounts receivable is of great significance to enterprises. Enterprises can obtain trade financing by transferring accounts receivable through commercial factoring business, thereby speeding up capital turnover. In recent years, the overall international economic situation has not been optimistic, and corporate accounts receivable have continued to increase. Factoring business has adapted to the need to enhance domestic and international trade competitiveness and has become an emerging trade financing tool. Together with letter of credit business and credit insurance, it has become the troika of trade debt protection.
Registration conditions for foreign commercial factoring companies:
The registered capital of a commercial factoring company should be no less than RMB 10,000. All are paid-in monetary capital, and the sources are true and legal.
The main investor should be a corporate legal person and other social and economic organization, and the total assets in the year before application should be no less than RMB 10,000.
Foreign investors in commercial factoring companies or their affiliated entities should have performance and experience in factoring business.
A commercial factoring company should have at least one senior executive with management experience in the financial field and no bad credit record, as well as qualified professionals suitable for its business.
Foreign investors in commercial factoring companies or their affiliated entities should have performance and experience in factoring business.
, other conditions stipulated by laws and regulations. Conditions for handling domestic commercial factoring companies:
, registered capital shall not be less than RMB 10,000.
, Profitable in the past two years, providing audit reports, and assets reaching more than 50 million.
When applying for establishment, there should be 3 or more senior managers with more than 3 years of management experience in the financial field and no bad records.
The other relevant provisions are consistent with the conditions for foreign investment establishment.
Commercial factoring application procedures:
To establish (including mergers and acquisitions, reinvestment, etc.) a foreign-invested financial leasing enterprise, the applicant should prepare materials in accordance with the "Measures for the Administration of Foreign-Invested Leasing Industry" and submit them to the location where the enterprise is to be registered. The competent commerce department submits an application for establishment. Provincial-level commercial authorities and national-level development zones will make a decision on whether to approve within three working days from the date of receipt of all application documents. If approved, a "Foreign-invested Enterprise Approval Certificate" will be issued. If not approved, a "Foreign-invested Enterprise Approval Certificate" will be issued in writing. Give reasons.
Shenzhen Tengbo International Business Co., Ltd.
For details, please consult Tengbo International consultant: Mr. Mai
:
Office address: Building B, Vanke Enterprise Mansion, Qianhai, Nanshan, Shenzhen
Shenzhen Tengbo International professional agency company registration, industrial and commercial agency, accounting agency, tax agency, corporate annual review, tax filing and other services! The company was established in 2007. We implement high-quality services and high efficiency for all customers, ensuring a 100% success rate. We have successfully handled settlement or registration procedures for more than 100 Qianhai companies, and are committed to providing better solutions for the development of companies in Qianhai. A wide range of high-end services including policy consultation, preferential tax policy application services, support project subsidy application services, and Qianhai enterprise financing.