Research On Venture Capital Law

The limited partnership is the main form of venture capital in America.The fact shows that limited partnership is a kind of capital investment with effective combination of right,liability and interest.The preferential tax—policies being granted by the government is the direct force driving forward the venture capital in USA,which is also the best leverage has been proved SO farHowever,there is no venture capital regulation available in China,the ncentive leverages from government need to be improved.There are quite some bottlenecks frOm legal aspects in terms of financing.exist of the venture capital and protection of intellectual poverty and technology There is distance between reality and expectation,legal support is quite necessary for venture capital development,for instance the promulgation of "venture capital law'and"Limited Partnership Law",the revision of the existing"corporation law","insurance law","securities law"and"merchant bank law"The article is focusing on two incentive leverages,i.e.1imited partnership and preferential tax policy to compare the Iaws/reguIatiOns of venture capital with different countries(especially America),furthermore,to make some constructive proposals to our legislation in terms of Venture Capita.