Research Into System Of One-man Company

One-man　Company　whose　shares　or　capital　belong　to　one　person　started　as　de　facto　company　instead　of　de　jury　one.　It　determines　the　risks　and　provides　more　flexible　way　in　running　business,　avoiding　dispute　between　shareholders.　In　1987,　Salomon　v　Salomon　Co.Ltd　.　case　confirmed　the　legal　status　of　One-man　Company　in　the　United　Kingdom.　Since　then,　One-man　Company's　legal　station　has　been　established　either　by　precedent　or　by　legislation　in　many　countries,　including　America,　France,　Germany　and　Japan.　　　　　　After　about　twenty　years'　open　and　reform　in　our　country,　socialism　market-oriented　economy　has　been　newly　established,　and　individual　economy　develops　just　like　bamboo　shoots　after　raining　in　China.　Until　now　nothing　relating　One-man　Company　is　mentioned　in　Chinese　law.　Whereas,　to　avoid　the　risk　of　managing,　some　investors　especially　some　high　tech　or　high　risk　investors　such　as　IT　investors,　biological　technology　investors　and　nanometer　material　investors　set　up　de　facto　One-man　Company　using　nominal　shareholders,　which　may　create　latent　problems　when　these　nominal　shareholders　assert　claims.　Therefore,　One-man　Company　is　called　for　emergent　legislation.　And　upon　solely　state-owned　operating　company,　solely　foreign-owned　company,　and　subsidiary　company,　Chinese　law　still　has　a　long　way　to　go.　This　dissertation　aims　to　provide　some　legislative　advice　on　One-man　Company　on　the　basis　of　studying　theories,　precedent　and　legislation　relating　One-man　Company　in　various　countries,　of　analyzing　present　economic　development　and　the　situation　of　One-man　Company　in　China.　　This　dissertation　adopts　comparison　method　and　method　of　precedent　study　to　synthesize　theories　of　One-man　Company　comprehensively,　and　takes　the　efforts　to　state　the　present　legal　situation　of　One-man　Company　in　China,　and　the　need　to　establish　and　improve　One-man　Company.　This　dissertation　consists　of　five　chapters,　in　total　40　thousand　words　approximately.　Chapter　Ⅰdefines　the　connotation　and　denotation　of　One-man　Company,　and　addresses　its　basic　principles　,classification　and　its　history　.　Chapter　Ⅱintroduces　relevant　legal　theories　of　One-man　Company　in　Common　Law　System　and　Civil　Law　System　and　the　comparison　of　legal　principles　between　these　two　law　systems.　Chapter　Ⅲ　analyzes　the　adoption　of　the　theory　of　disregarding　of　the　corporate　personality　`in　One-man　Company.　It　states　the　general　theories　of　disregarding　of　the　corporate　personality　and　its　significance　to　regulate　One-man　Company.　Chapter　ⅣIn　this　chapter　the　legal　person　managing　institution　of　One-man　Company　i s　explored.　Some　organizations　of　a　company　are　necessary　even　in　a　One-man　Company.　On　the　basis　of　studying　the　legislation　of　other　countries　and　some　main　theories　by　the　famous　experts　of　other　countries,　this　chapter　introduces　the　relationship　between　One-man　Company　and　general　meeting　of　shareholders,　directors　and　the　board　of　directors,　and　the　supervised　organization.　Chapter　ⅤIn　this　chapter　present　Chinese　legal　system　regarding　One-man　Company　is　thoroughly　reviewed.　An　urgent　need　to　set　up　relating　rules　and　regulations　relating　One-man　Company　in　China　grows.　From　microscopic　view,　One-man　Company　law　and　conglomerate　law　needs　to　be　drawn　up,　differentiating　natural　person　One-man　Company　and　legal　person　One-man　Company.　Accordingly,　Chinese　Company　Law　has　to　be　mended.　And　in　the　second　part　of　this　chapter,　assume　about　establishment,　operation　and　liability　of　One-man　Company　would　be　lined　out.