Limited Liability Company Profit Distribution Limits And Creditor Protection

Profit distribution are concerned by all types of the company. Limited liability company's characteristic causes its profit distribution get more attention from creditor. Because the distribution is a company asset outflows, company's property guarantee and solvency will weaken. So company legislation of all countries are to the company's profit distribution to do the appropriate limit. This paper based on limited liability companies, to the perspective of protection of creditors, focus on profit distribution and its origins.Generally consists of four parts of this article.The first part, mainly introduces the basic concepts of profit distribution, limited liability company main features of the distribution of profits, conflict caused by the distribution of profit between the internal and external people.The second part, mainly on profit distribution conditions of the limited liability companies, describes the origin of distribution, as well as the specific circumstances of the three principles of capital.The third part is the critical part of this article, is divided into two chapters. First, describes the specific circumstances of profit distribution, introduce the illegal distribution, etc. Chapter next, introducing Japan and United States companies legislation relating to the distribution of profits in practice.The fourth part, for the inadequacies of the existing legislative system in our country, put forward specific measures of perfecting limited liability company legislation.