Legal System Research Of Micro-credit Corporation Supervision In China

Micro-credit company is a commercial micro credit institution,the emerging of which is to solve the financing difficulty in financial market.Micro-credit company is a beneficial supplement for financial market.Since the publish of the Instruction,micro-credit company has seen rapid development in China and has become a crucial part in our financial market.It meets the need from the micro-credit market by providing small loans to low-income group and small-and-medium enterprises.However,as there is some problems in the supervision for such companies,detailed research needs to be done in these problems.This thesis elaborates the development history,concept,features and nature of micro-credit company,introduces the definition and the necessity of legal supervision to micro-credit company,compares the legal supervision to micro-credit company,to commercial bank,to village and town bank as well as to other financial institutions.Then the thesis empirically studies the current situation of the supervision to micro-credit company by illustrating the supervision problems of Heilongjiang Han X Micro-Credit Company.Then the thesis presents the inspirations acquired from the legal supervision to micro-credit companies in US,Indonesia and Bangladesh,including improving the legal system,specifying supervision institutions and so on.At last,the thesis brings up suggestions of perfecting legislation for the supervision to micro-credit company,taking incentive supervision measures with tax preferences as a major policy and perfecting relevant and matched supervision system.In order to solve the problems occurring in the rapid development of micro-credit companies,timely and perfect supervision is required in this process.We need to perfect the legislation for the supervision to micro-credit company,set up an incentive supervision model with tax preferences as a major policy in order to promote positive development of small loan.In addition,incentive supervision measures with tax preferences as a major policy need to be taken,relevant and matched supervision system for amount limit need to be perfected among micro-credit companies,and full play should be given to the positive effect of laws and regulations on the development of micro-credit companies.