| In2013China has developed commercial reform, including the law of company.Commercial registration reform, as a part of commercial system, has also achieveddemonstrable results. Commercial registration turned to increase more spirit of serviceinstead of being a country management mean. In addition, commercial registrationencouraged development of market and mercantile subjects.At the beginning of this paper, we compare the definition, legal effectiveness, legalfunction, source and history of mercantile law, institutional settings mode and the value ofthe mercantile law, which are different among different countries. We hope to find out theexisting problems in the commercial registration. On the one hand, our commercialregistration was focused on being a good mean to maintain management of the Government,which leaded to prefer the value of safety to the value of effective. On the other hand, thelaws of commercial registration are too disperse and complex, which even have many legalconflicts and gaps.The necessary reform developed in Shenzhen, Guangzhou, and Shanghai. Reform hasbrought about changes, such as the registered capital begin "subscription capital system"instead of "paid-in capital system",separation of commercial and business qualifications andchange the annual evaluation to annual report. Finally, the author advice commercialregistration system need to establish uniform legislation, a clear relationship betweencommercial registration and business license and commercial registration consummatepublic confrontation and credibility in the law. |