What are the requirements to start a company?

Mondo Social Updated on 2024-03-07

Opening a company means obtaining the status of a legal business entity and enjoying the protection of national policies. In normal production and operation, the company can cope with the best inspection, so as to devote more energy to business and customer service. Is it hard to start a company? What conditions are required.

It is not difficult to start a company, you only need to meet the following conditions:

1. Number of shareholders or promoters: a quorum is required. The specific quantity requirements may vary depending on the type of company.

2. Company name: It is necessary to meet the corresponding name requirements, and the company name must be verified before registration to ensure the legitimacy and uniqueness of the name.

3. Registered capital: The amount of registered capital needs to comply with the law and needs to be subscribed by all shareholders. It should be noted that the registered capital is the total amount of capital registered with the registration authority at the time of establishment, and under the subscription system, there is no need to pay off at one time, but the company needs to bear the risk with the registered capital after its establishment.

4. Articles of Association: This is the basic rule that stipulates the organization and activities of the company, which needs to be jointly formulated by all shareholders in accordance with the law.

5. Company domicile: The registered address of the company usually needs to be consistent with the actual operating site, but it can be separated in some areas. The registered address needs to have a fixed office space and have the necessary area and equipment for normal operation.

6. Professionals: According to the type and scale of the company's business, it may be necessary to have more than one professional with more than three years of experience, including technical, financial, business, etc.

7. Business scope: The company's business scope needs to be within the scope of the law and cannot be exceeded.

In short, starting a company also needs to comply with relevant laws and regulations, including industrial and commercial registration, tax registration, social security payment, etc. The specific process and required materials may vary depending on the region and industry, and it is recommended to consult with the local administration for industry and commerce for detailed guidance before setting up a company.

Related Pages