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Nantong Jing Abacus Finance & Tax Consulting Co., Ltd.

Contact: Zhang Accounting

Mobile phone: 15851208513 WeChat: jhkjcw

Landline: 0513-66925513

Room 1607, Block B, Jinglihui Building, No. 190 Qingnian Middle Road, Chongchuan District, Nantong City

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Home > Company News > What is the business scope and registration conditions of foreign factoring companies?

What is the business scope and registration conditions of a foreign factoring company?

Release date: 2019-02-22 Content from: http://jlangstudio.com/

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Nantong Registered Company Domestic Investment Factoring Registration Conditions


1 The registered capital is not less than RMB 50 million.


2 Profitable in the last two years, providing audit reports, assets of more than 50 million.


3 When applying for establishment, there should be 3 or more senior management personnel with more than 3 years of management experience in the financial field and no bad records.


4 The remaining relevant provisions are consistent with the conditions for the establishment of foreign investment.


Business scope of foreign factoring company registered by Nantong


1 Provide trade financing in the form of transfer of accounts receivable;


2 Settlement, management and collection of accounts receivable;


3 Sales account (category) account management;


4 Non-commercial bad debt guarantee related to the company's business;


5 customer credit investigation and evaluation;


6 related consulting services; Nantong registered company


7 Other businesses permitted by laws and regulations.


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