2008Journal of Xiangnan UniversityRequires access

A Discussion of the Legal Regulations in a One-person Company

Wu Juan

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Abstract

The establishment of the system on the one-person company in the new Company Law brings new vigor and vitality in the social economic life and offers investors more choices.Due to its feature of having a single shareholder in the one-person company,the legal regulations against the one-person company in China's Company Law tend to be too strict,which is not propitious to the development of the one-person company.Efforts should be made to perfect the corresponding legal regulations from the aspects of the credit system,the personality denying system,information-revealing system,the supervising system and the guarantee system of the one-person company.

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What this paper is about

The establishment of the system on the one-person company in the new Company Law brings new vigor and vitality in the social economic life and offers investors more choices.Due to its feature of having a single shareholder in the one-person company,the legal regulations against the one-person company in China's Company Law tend to be too strict,which is not propitious to the development of the one-person company.Efforts should be made to perfect the corresponding legal regulations from the aspects of the credit system,the personality denying system,information-revealing system,the supervising system and the guarantee system of the one-person company.

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Available abstract

The establishment of the system on the one-person company in the new Company Law brings new vigor and vitality in the social economic life and offers investors more choices.Due to its feature of having a single shareholder in the one-person company,the legal regulations against the one-person company in China's Company Law tend to be too strict,which is not propitious to the development of the one-person company.Efforts should be made to perfect the corresponding legal regulations from the aspects of the credit system,the personality denying system,information-revealing system,the supervising system and the guarantee system of the one-person company.

Key concepts: Shareholder, Vitality, Business, Corporate law, Legal person, Parent company, Limited company, Personality

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