Applicants for the establishment of travel agencies to operate domestic and inbound tourism businesses shall meet the following requirements:
(1) Fixed business premises, i.e. business premises with property rights owned by the applicant or business premises leased by the applicant with a lease term of not less than one year;
(2) Necessary business facilities, i.e. more than two fixed line telephones, fax machines, photocopiers, computers with networking conditions with tourism administrative departments and other tourism operators;
(3) There is no less than 300,000 yuan of registered capital.