Is it illegal for members of the industry Committee to work in the property?

Industry committees can set up their own property companies. The establishment of a property company shall apply to the company registration authority for registration of establishment according to law, and the company shall meet the conditions for establishment stipulated in the Company Law. Property companies engaged in business activities must abide by laws, administrative regulations and social ethics.

Legal objectivity:

Article 6 of the Company Law of People's Republic of China (PRC) shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.