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What conditions do you need to set up a property management company?
Legal analysis: A property management company should own or be entrusted with the management of properties with a certain construction area, a certain amount of registered capital, a company name and articles of association that meet the requirements, necessary management institutions and personnel, and a business scope that conforms to laws, regulations and policies.
Legal basis: Article 23 of the Company Law of People's Republic of China (PRC) shall meet the following conditions for establishing a limited liability company:
(1) Shareholders meet the quorum; (2) All shareholders meet the requirements of the Articles of Association; (3) Shareholders * * * have formulated the Articles of Association; (4) Having a company name and an organization meeting the requirements of a limited liability company; (5) Having a company domicile.
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