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Conditions for establishing an auction company
I. Conditions for Establishing an Auction Company To establish an auction enterprise, the following conditions shall be met:

1, with a registered capital of 1 over ten thousand yuan;

2. Having its own name, organization, domicile and articles of association;

3. Having auctioneers and other staff suitable for the auction business;

4. Having auction business rules that comply with this Law and other laws and regulations;

5. Special trade license issued by the public security organ;

6. Comply with the provisions of the State Council on the development of the auction industry;

7. Other conditions stipulated by laws and administrative regulations.

Two. Registration procedure of auction company 1. Approved name:

(1) Time: 1-3 working days.

(2) Operation: After determining the company type, name, registered capital, shareholders and contribution ratio, you can submit an application for name verification to the industrial and commercial bureau on site or online.

(3) Result: The name was approved, and it needs to be re-approved if it failed.

2. Submit:

(1) Time: 5- 15 working days.

(2) Operation: After the name is approved, confirm the address information, senior management information and business scope, and submit the pre-application online. After the online pre-trial is passed, submit the application materials to the industrial and commercial bureau according to the appointment time.

(3) Result: The notice of approval of establishment registration was received.

3. Obtain a license:

(1) Time: the day of appointment.

(2) Operation: Bring the Notice of Approval of Establishment Registration and the original ID card of the handler to the Industrial and Commercial Bureau to obtain the original and duplicate of the business license.

(3) Result: Obtained the business license.

4. Sculpture and other matters:

(1) Time: 1-2 working days.

(2) Operation: Go to the engraving point designated by the Public Security Bureau with the business license: official seal, financial seal, contract seal, legal representative seal and invoice seal of the company; At this point, a company registration is completed.