Study On The Building Of Credit System For One-Man Company

On October 27th,2005,the amendment of enterprise's law was passed in the eighteenth meeting of ten's standing committee of the national people's congress,then,the one-person company becoming legal.And this new investment became a hot topic of many scholars.On January first 2006,the new law of cooperation was put into effect,then;the one-person company obtains law status at last.It's only one year for this new investment,but there were a lot of actual one-person company in practice.The character of Limited liability is the main reason of people's enthusiasm.So the execution of the new law of corporation is conforming to both the trend of our times and the growth of economy.But even in this background,the one-person company which built by natural person are still being questioned by many people.How to distinguish the company's property and the share holder's property is the biggest concern of protecting the right of creditors.So in the process of operating,the other business partners are more cautious to this subject.There are still many hidden troubles in preventing share holder's risk operation in the new law.The unsatisfying result of One-person Company is resulted in all these factors.Meanwhile,many short-term behaviors of One-person Company in the process of operating are also a factor of restricting itself.Many companies are built by the consideration of the limited liability and advantages in business.After the establishment, the short-term behavior becomes their good choice.So,many people even consider it as a "paper corporation".It's the fundamental guarantee of the growth of economy to normalize the behavior of economic entity.As a new form,the One-person Company experienced a process of renouncement to gradual sanction in the world.It's an overturn to traditional company is the main reason of this result.So,the One-person Company processed slowly in the past.It does conform to the need of market economy to bring it to the company law.The One-person Company is a powerful insurance to share holder's rights,and it is also a good way to eliminate the pressure of employment.But how to normalize the behavior of this subject is an important question to consider.In the transition period of planned economy to market economy,the traditional credit systems can't conform to the times.So,the short-term behaviors of market subject become the main trend in the absence of new credit system.And it is also very serious in the beginning of One-person Company.So,it will play an important role to normalize this subject by building an efficient credit system.This article drew up from the situation of One-person Company,analyzed the problems of operating process,and pointed out that the absence of credit is the main reason of unsatisfying results.Then,based on the main problems of our social credit system,I tried to build an efficient credit system according to the useful experience of developed countries in order to supply a basic insurance to the development of One-person Company.