Legal Protection Of Angel Invest In China

Angel Invest is a way of direct investment in private equity. As the basic flat roof of Venture Capital and Industry Invest Fund, Angel Invest is one of concernments of a nation's investment environment. In this paper, the author analyzed various risks that the social environment and jurisprudence will faced with, on the basis of foreign legislation and academic fruits. corresponding legal protection opinions are also provided. In the first part, the basic theory of angel invest is being discussed. The paper begins with the concept and history of Angel Invest, integrate processes and characters presented in practice, construe legal characters within Angel Invest. Point out the feasibility and signification of expand Angel invest in China. The author also analyzed similarities and differences of venture capital and business incubator with angel invest in this part.Second part is about risks that angel invest will confront. Two main facets will be discussed in this part. First is about inherent risks that Angel Invest will face as a way of investment, moral hazard between angels and entrepreneur is the main content. Second is legal risks that angel invest will up against in China, under the complexion of legal protection's half-baked. There is an overview of laws and regulations on the aspect of Angel Invest too.Part three is the keystone of the paper. In this part, combine with characters of angel invest, author designed the primary regulation system which in allusion to risks in the part above, and this may provide a healthy exterior environment for the development of angel invest. The content of this part came down to the protection of IP, the construction of credit checking system, the build of property right exchange economy, the perfection of capital market, the system of tax favorable, etc.Due to the finite of the author's knowledge, the regulation system of this article is superficial, and may not fulfill requirements of research and practice in reality. But consider the insufficiency of disquisition on Angel Invest, especially in the legal field, author wrote this paper, and looking for experts' comments and instruction.