Font Size: a A A

Study Of The Legal System Of One-man Company

Posted on:2006-01-02Degree:MasterType:Thesis
Country:ChinaCandidate:H SunFull Text:PDF
GTID:2206360185467528Subject:Economic Law
Abstract/Summary:PDF Full Text Request
One-Man Company includes two kinds of configurations, namely One-Man Company in form and in fact. The former is the object of this article's study. In contrast to the traditional configuration of company, One-Man Company has its characteristic in legal. According to the difference of ranking standard, One-Man Company has diverse forms. One-Man Company hasn't distinctly legal character of mass organization as legal person, because the company's all shares belong to one person. But it is not restricted to the traditional corporation theory to legal nature, and has the legal status by the direct affirmation of law. In the early corporation legislation in many countries, due to the limitation of the development of the social economy and the fear of disadvantages of One-Man Company, One-Man Company was strictly forbidden. But with the development of social economy, One-Man Company was playing an important role in the course of accelerating the development of economy. And it is becoming a trend to conform the legal status of One-Man Company, which has been proved by legislation practice in many countries. In the corporation law of our country which isn't revised, it does not confirm the legal status of One-Man Company specially, and just regulate the state-owned investing agency and foreign businessman being able to set up One-Man Company. Thus means lots of fraud in our country's law, and make against the acceleration of setting up our socialism market economy and rapid development of national economy. So, the revised corporation law of our country regulates One-Man Company for the first time, and allows a natural person or the legal person to invest and set up One-Man Company. In while carrying on abiding by laws, it offers facility of system for establishment of the company , absorbs more people to invest, brings about an advance in economy and expands employment.With the opportunity of revising corporation law, this text probe into One-Man Company legal system. The full text is divided into three major parts besides...
Keywords/Search Tags:One-Man Company, Single Shareholder, Limited Liability, Personality Denial in Corporation Law
PDF Full Text Request
Related items