The requirements are as follows:
The establishment of a foundation shall meet the following conditions:
(1) Established for a specific public welfare purpose;
(2) The original fund of the national public offering foundation is not less than 8 million yuan, the original fund of the local public offering foundation is not less than 4 million yuan, and the original fund of the non-public offering foundation is not less than 2 million yuan; The original funds must be the money received;
(3) Having a standardized name, articles of association, organizational structure and full-time personnel suitable for its activities; (4) Having a fixed residence;
(5) Being able to bear civil liability independently.
Bidding materials
To apply for the establishment of a foundation, the applicant shall submit the following documents to the registration authority:
(1) an application;
(2) Draft articles of association;
(3) capital verification certificate and residence certificate;
(4) The list of directors, identity certificates and resumes of the proposed chairman, vice-chairman and secretary-general;
(5) The document that the competent business unit agrees to set up.
The contents of foundation establishment registration include: name, domicile, type, purpose, business scope of public welfare activities, original fund amount and legal representative.
Where the Foundation intends to establish a branch or representative office, it shall apply to the original registration authority for registration, and submit documents such as the name, domicile and person in charge of the proposed institution.
operation sequence/order
The registration authority shall, within 60 days from the date of receiving all valid documents listed in the preceding paragraph, make a decision on whether to approve or disapprove the registration. If the registration is approved, the registration certificate of the branch (representative) of the foundation shall be issued; If the registration is not granted, the reasons shall be explained in writing.
To establish a representative office in Chinese mainland, an overseas foundation shall obtain the consent of the relevant competent business unit and submit the following documents to the registration authority:
(1) an application;
(two) the certificate of the foundation's legal registration and establishment abroad and the articles of association of the foundation;
(3) The identity certificate and resume of the person in charge of the proposed representative office;
(4) proof of residence;
(5) The document that the competent business unit agrees to set up a representative office in the mainland of China.