2016 Small Loan Company Registration Process

The name of a small loan company consists of administrative division, brand name, industry, and organizational form in order. To apply for the establishment of a small loan company, in addition to meeting the basic conditions stipulated in the "Company Law", the following conditions must also be met

If the organizational form of the small loan company is a limited liability company, its registered capital shall not be If the organizational form is a joint-stock company, its registered capital shall not be less than
10,000 yuan. The registered capital requirement is all paid-in monetary capital, which shall be paid in full at one time by the investor or promoter.
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, have directors, supervisors and senior managers who meet the qualifications, as well as staff with corresponding professional knowledge and experience.
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, have the necessary internal organizational structure, corporate management system, and risk control system to carry out small loan business.
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, other conditions required by the principle of prudence.
. To apply for the qualifications of directors, supervisors and senior managers of small loan companies, in addition to meeting the basic conditions stipulated in the "Company Law", the proposed candidates should also meet the following conditions
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The proposed senior management personnel (general manager of small loans) should be engaged in financial related work for more than
years, and have a bachelor's degree or above (inclusive).

The proposed directors and supervisors should have financial knowledge suitable for the performance of their duties, have been engaged in economic and financial related work for more than
years, and have a college degree or above (inclusive).
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