What are the requirements for a property company to establish a legal person?

A property management company as a legal person shall have the organization and articles of association required by a limited liability company. According to relevant laws and regulations, shareholders with less than 50 persons contribute to establish a limited liability company. The sponsors of a joint-stock company are two to two hundred people.

legal ground

Article 58 of the Civil Code

A legal person shall have its own name, organization, domicile, property or funds. The specific conditions and procedures for the establishment of a legal person shall be in accordance with the provisions of laws and administrative regulations. The establishment of a legal person shall be approved by the relevant authorities in accordance with the provisions of laws and administrative regulations.

Article 23 of the Company Law

The establishment of a limited liability company shall meet the following conditions:

(1) Shareholders meet the quorum;

(2) The capital contribution subscribed by all shareholders in accordance with the Articles of Association;

(3) Shareholders * * * agree to formulate the Articles of Association;

(4) Having a company name and establishing an organization meeting the requirements of a limited liability company;

(5) Having a company domicile.

Article 24

A limited liability company shall be established by capital contribution of shareholders with less than 50 persons.