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What are the requirements for applying for a pawn shop operating license/registering a pawn shop company

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Shenzhen Yinzhong Financial and Taxation Consulting Co., Ltd.

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Pawn means that the pawnbroker pledges his movables and property rights as pledge or his real estate as pledge to a pawnbroker, pays a certain proportion of fees, obtains the pledge, and pays interest on the pledge, repays the pledge, To apply for the establishment of a pawn shop for redemption of pledged property, the following conditions must be met
1) Have articles of association that comply with the provisions of laws and regulations
2) Have registered capital that complies with the provisions of these Measures
3) Have Business premises that meet the requirements and facilities necessary for handling business
4) Have management personnel and appraisers who are familiar with the pawn business
5) Have two or more legal person shareholders, and the legal person shares have relatively controlling shares
6) Comply with the public security management requirements stipulated in Articles 9 and 10 of these Measures
7) Comply with the state’s requirements for overall planning and reasonable layout of pawn shops.
(8) If a pawn shop has a registered capital of 10,000 yuan and engages in real estate mortgage pawn business, and if it engages in property rights pledge pawn business with a registered capital of 10,000 yuan, its registered capital shall be 10,000 yuan.
1) Movable property pledge and pawn business
2) Property rights pledge and pawn business
3) Real estate (except real estate in other provinces, autonomous regions, and municipalities directly under the Central Government or projects under construction that have not obtained a commercial housing pre-sale license) Mortgage pawn business
4) Sale of absolutely pawn items within the limit
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