Study Of The Legal System Of One-man Company

One-man company calls again the sole ownership company, the alone stock company, refers limited company or the limited joint-stock company whose shareholder is only one person. It is a special type in companies, its appearance destroyed company's mass organization theory. In 1925, Liechtenstein first acknowledged one-man company in the legislation. From the 1980s, with the development of market economy, many countries successively acknowledged one one-man company's legal status in corporation law, and there is a tendency that more and more countries establish one-man company law system. It has been one hot spot topic in course of amending the corporation law whether acknowledges the established one-man company. Our country established the law system of one-man company in this year, finally. But the author thinks this system still need further to improve. This article mainly elaborates one-man company law system from following four parts.1. One-man company's basic theory. This part discusses one-man company's basic concept, characteristics, nature, classification and basic principles and gives a clear definition to one-man company, which also brings forth some new ideas to enrich the company law. The law systems, which differs one-man company from the other company is also mentioned.2. The legislation examples of western nations. This part gives a brief introduction about the law-making and legislative practice in the countries of the two genealogies of law in the world and highly value one-man company existence and its trend of development is brilliantly expounded. The western advanced countries have given the green-light to one-man company by law and thus our country should follow the suit.3. Present situation in legislation in our country. This part elaborated legislation situation before and after amending corporation law separately. Elaborating the necessity of our country to acknowledge one-man company from many aspects, such...