Research On Legal System Of Venture Capital Of China

Since the 21st century, with the new "Law of Company", the new "Law of Partnership Enterprise," "Interim Measures on Management for Venture Capital Enterprises" and other laws and regulations of the revision and development, China has initially formed a set of venture capital in line with China's national conditions legal system. However, the venture capital industry in the short time to enter our country, development is extremely limited, built on the basis of our legal system, there is a lot of venture capital to be perfected. This reference to China's existing laws and regulations, and compare the venture capital of foreign in developed countries, a relatively complete legal system of venture capital, combined with China's actual situation, our current legal system of venture capital flaws were analyzed and suggestions for improvement proposal.In this article, the legal system as the venture capital study, integrated application system studies, comparative studies, economic analysis of law, as well as notes on legal research methods such as venture capital principal legal systems, legal systems, sources of venture capital funds, venture capital and venture capital investment out of the legal system incentive legal system, a systematic study, and on this basis, China's venture capital to establish and perfect the legal system made a number of thoughts and ideas. This article from the introduction, body and conclusion of three parts, in which the body consists of four modules:The first unit in the historical development of venture capital, venture capital and venture capital operating mechanism set out the meaning based on the concept of venture capital analysis, pointing out that venture capital is a by professional investment institutions to invest in equity investment in such manner with high growth potential in non-listed companies, and provide management and other value-added services to participate in order for the purpose of capital appreciation investment.The second unit from the venture capital principal legal systems, legal systems, sources of venture capital funds, venture capital and venture out of the legal system, legal system of investment incentives faced by foreign venture capital Quartet, the legal system were systematically Review.The third element of the legal system of venture capital of China investors in the risk of the legal system, legal system, sources of venture capital funds, venture capital out of the legal system, legal system, the risk of investment incentives and foreign venture capital have made elaborate legal system, and with foreign venture capital comparing the legal system to review the venture capital in China's legal system deficiencies. The fourth unit of venture capital of China for the legal system to be a sound issue, conducted a more in-depth thinking, put forward the corresponding proposal, and "Law of Venture Capital," the formulation of a framework put forward the idea that "Law of Venture Capital" not only to regulate venture capital companies, while venture capitalists will venture capital institutions and venture businesses, as well as the tripartite relationship between the three parties to regulate.This article is based on a new venture to build the legal system of China, as its target, according to China's actual situation and learn from the risks of foreign investment in a relatively sound legal system, made a number of improving the legal system proposals and thinking for the research on legal system of venture capital of China.