Futures companies need to follow the following steps to open branches:

Determine the business scope and scale of the branch. Futures companies need to make clear the business direction and target customer base of branches, as well as the required operating conditions and resources.

Submit an application for establishing a branch to the administrative department for industry and commerce. The application includes the name, registered address, person in charge, business scope, business scale and other information of the branch.

Obtain a business license issued by the administrative department for industry and commerce. The business license is an important basis for the legal operation of the branch company and must be properly kept.

Apply to the regulatory authorities for filing. Futures companies need to apply to the China Securities Regulatory Commission or its authorized regulatory agencies for filing, and relevant businesses can only be carried out after the filing is passed.

Handle tax registration and bank account opening in accordance with regulations. Futures companies need to register with the local tax authorities and open bank accounts in order to carry out capital transactions and financial management.

Recruit and train personnel. Futures companies need to recruit people with relevant qualifications and experience, and provide them with necessary training to ensure that they are competent for the job.

Establish and improve the internal management system. Futures companies need to establish a sound internal management system, including risk control, financial management, business operation and other aspects of the system to ensure the compliance of branch operations.

Publicity and promotion. Futures companies need to carry out necessary publicity and promotion, improve the visibility and attractiveness of branches, and then promote business development.

To sum up:

There are many steps and links for a futures company to open a branch, including determining the business direction and scale, applying to the administrative department for industry and commerce, obtaining a business license, applying to the regulatory department for filing, handling tax registration and opening a bank account, recruiting training personnel, establishing and improving the internal management system, publicity and promotion, etc. In specific operations, it is also necessary to carefully understand relevant laws, regulations and regulatory requirements, and abide by relevant regulations to ensure legal and compliant operations.

Legal basis:

Article 14 of the Company Law of People's Republic of China (PRC) stipulates: "A company may set up branches. The establishment of a branch company shall apply to the company registration authority for registration and obtain a business license. The branch does not have legal person status, and its civil liability shall be borne by the company. "

Article 12 of the Regulations on the Administration of Futures Trading stipulates: "The establishment, alteration, dissolution, bankruptcy, revocation of the futures business license or the establishment, alteration or cancellation of its branches of a futures company shall be approved by the the State Council Futures Regulatory Authority according to law."