Company Law.docx
- 文档编号:2174272
- 上传时间:2023-05-02
- 格式:DOCX
- 页数:34
- 大小:43.21KB
Company Law.docx
《Company Law.docx》由会员分享,可在线阅读,更多相关《Company Law.docx(34页珍藏版)》请在冰点文库上搜索。
CompanyLaw
OrderofthePresidentofthePeople'sRepublicofChina
[2005]No.42TheCompanyLawofthePeople'sRepublicofChinahasbeenamendedandadoptedatthe18thsessionoftheStandingCommitteeoftheTenthNationalPeople'sCongressofthePeople'sRepublicofChinaonOctober27,2005.TheamendedCompanyLawofthePeople'sRepublicofChinaispromulgatedherebyandshallgointoeffectasofJanuary1,2006.ThePresidentofthePeople'sRepublicofChinaHuJintaoOctober27,2005epdf/e04457.pdfA1,D1company,revise,limitedliabilitycompany,jointstocklimitedcompany,stockright,share,foreigncompanye04457
TheCompanyLawofthePeople'sRepublicofChina
(Revisedin2005)
(AdoptedattheFifthSessionoftheStandingCommitteeoftheEighthNationalPeople'sCongressonDecember29,1993.RevisedforthefirsttimeonDecember25,1999inaccordancewiththeDecisionoftheThirteenthSessionoftheStandingCommitteeoftheNinthPeople'sCongressonAmendingtheCompanyLawofthePeople'sRepublicofChina.RevisedforthesecondtimeonAugust28,2004inaccordancewiththeDecisionofthe11thSessionoftheStandingCommitteeofthe10thNationalPeople'sCongressofthePeople'sRepublicofChinaonAmendingtheCompanyLawofthePeople'sRepublicofChina.Revisedforthethirdtimeatthe18thSessionofthe10thNationalPeople'sCongressofthePeople'sRepublicofChinaonOctober27,2005)
Contents
ChapterIGeneralProvisions
ChapterIIEstablishmentandOrganizationalStructureofaLimitedLiabilityCompany
Section1Establishment
Section2OrganizationalStructure
Section3SpecialProvisionsonOne-personLimitedLiabilityCompaniesSection4SpecialProvisionsonSolelyState-ownedCompanies
ChapterIIITransferofStockRightofaLimitedLiabilityCompany
ChapterIVEstablishmentandOrganizationalStructureofaJointStockLimitedCompany
Section1Establishment
Section2Shareholders'Meeting
Section3BoardofDirectors,Managers
Section4BoardofSupervisors
Section5SpecialProvisionsontheOrganizationalStructureofaListedCompany
ChapterVIssuanceandTransferofSharesofaJointStockLimitedCompanySection1IssuanceofShares
Section2TransferofSharesChapterVIQualificationsandObligationsoftheDirectors,SupervisorsandSeniorManagersofaCompany
ChapterVIICompanyBonds
ChapterVIIIFinancialAffairsandAccountingofaCompany
ChapterIXMergerandSplit-upofaCompany;IncreaseandDeductionofRegisteredCapital
ChapterXDissolutionandLiquidationofaCompany
ChapterXIBranchesofaForeignCompany
ChapterXIILegalLiabilitiesChapterXIIISupplementaryProvisions
ChapterIGeneralProvisions
Article1ThisLawisformulatedforthepurposesofregulatingtheorganizationandoperationofcompanies,protectingthelegitimaterightsandinterestsofcompanies,shareholdersandcreditors,maintainingthesocialisteconomicorder,andpromotingthedevelopmentofthesocialistmarketeconomy
Article2Theterm"company"asmentionedinthisLawreferstoalimitedliabilitycompanyorajointstockcompanylimitedestablishedwithintheterritoryofthePeople'sRepublicofChinainaccordancewiththeprovisionsofthislaw.
Article3Acompanyisanenterprisejuridicalperson,whichhasindependentjuridicalpersonpropertyandenjoysthepropertyrightofthejuridicalperson.Anditshallbeartheliabilitiesforitsdebtswithallitsproperty.Asforalimitedliabilitycompany,theshareholdersshallberesponsibleforthecompanytotheextentofthecapitalcontributionstheyhavepaid.Asforajointstocklimitedcompany,theshareholdersshallberesponsibleforthecompanytotheextentofthesharestheyhavesubscribedto.
Article4Theshareholdersofacompanyshallbeentitledtoenjoythecapitalproceeds,participateinmakingimportantdecisions,choosemanagersandenjoyotherrights.
Article5Whenundertakingbusinessoperations,acompanyshallcomplywiththelawsandadministrativeregulations,socialmoralityandbusinessmorality.Itshallactingoodfaith,acceptthesupervisionofthegovernmentandthegeneralpublic,andbearsocialresponsibilities.Thelegitimaterightsandinterestsofacompanyshallbeprotectedbylawsandmaynotbeinfringed.
Article6Fortheestablishmentofacompany,anapplicationforestablishmentandregistrationshallbefiledwiththecompanyregistrationauthority.IftheapplicationmeetstherequirementsforestablishmentofthisLaw,thecompanyregistrationauthorityshallregisterthecompanyasalimitedliabilitycompanyorajointstocklimitedcompany.IftheapplicationfailstomeettherequirementsforestablishmentofthisLaw,itshallnotberegisteredasalimitedliabilitycompanyorajointstocklimitedcompany.Ifanylaworadministrativeregulationstipulatesthattheestablishmentofacompanyshallbesubjecttoapproval,therelevantapprovalformalitiesshallbegonethroughpriortotheregistrationofthecompany.Thegeneralpublicmayconsulttherelevantmattersoncompanyregistrationatacompanyregistrationauthority,whichshallprovideconsultingservices.
Article7Foralawfullyestablishedcompany,thecompanyregistrationauthorityshallissuethecompanybusinesslicensetoit,andthedateofissuanceofthecompanybusinesslicenseshallbethedateofestablishmentofthecompany.Thecompanybusinesslicenseshallstatethename,domicile,registeredcapital,actuallypaidcapital,businessscope,thenameofthelegalrepresentativeandetc.Ifanyoftheitemsasstatedinthebusinesslicenseischanged,thecompanyshallmodifytheregistration,andthecompanyregistrationauthorityshallreplacetheoldbusinesslicensebyanewone.
Article8ForalimitedliabilitycompanyestablishedaccordingtothisLaw,itshallindicateinitscompanynamethewords"limitedliabilitycompany"or"limitedcompany".ForajointstocklimitedcompanyestablishedaccordingtothisLaw,itshallindicateinitscompanynamethewords"jointstocklimitedcompany"or"jointstockcompany".
Article9ThechangeofalimitedliabilitycompanytoajointstocklimitedcompanyshallsatisfytherequirementsasprescribedinthisLawforjointstocklimitedcompanies.ThechangeofajointstocklimitedcompanytoalimitedliabilitycompanyshallmeettheconditionsasprescribedinthisLawforlimitedliabilitycompanies.Underanyoftheaforesaidcircumstances,thecreditor'srightsanddebtsofthecompanypriortothechangeshallbesucceededbythecompanyafterthechange.
Article10Acompanyshallregardthelocusofitsmainofficeasitsdomicile.
Article11Thecompanyestablishedaccordingtothislawshallformulateitsarticlesofassociationwhicharebindingonthecompany,itsshareholders,directors,supervisorsandseniormanagers.
Article12Thecompany'sbusinessscopeshallbedefinedinitsarticlesofassociationandshallberegisteredaccordingtolaw.Thecompanymaychangeitsbusinessscopebymodifyingitsarticlesofassociation,butshallgothroughtheformalitiesformodifyingtheregistration.Ifthebusinessscopeofacompanycoversanyitemsubjecttoapprovalpursuanttolawsoradministrativeregulations,theapprovalshallbeobtainedaccordingtolaw.
Article13Thelegalrepresentativeofacompanyshall,accordingtotheprovisionsofitsarticlesofassociation,beassumedbythechairmanoftheboardofdirectors,actingdirectorormanager,andshallberegisteredaccordingtolaw.Ifthelegalrepresentativeofthecompanyischanged,thecompanyshallgothroughtheformalitiesformodifyingtheregistration.
Article14Thecompanymaysetupbranches.Tosetupabranch,thecompanyshallfilearegistrationapplicationwiththecompanyregistrationauthority,andshallobtainthebusinesslicense.Thebranchshallnotenjoythestatusofanenterprisejuridicalperson,anditscivilliabilitiesshallbebornbyitsparentcompany.Thecompanymaysetupsubsidiarieswhichenjoythestatusofanenterprisejuridicalpersonandshallbeindependentlybearcivilliabilities.
Article15Acompanymayinvestinotherenterprises.However,itshallnotbecomeacapitalcontributorthatshallbearthejointliabilitiesforthedebtsoftheenterprisesitinvestsin,unlessitisotherwiseprovidedforbyanylaw.
Article16Whereacompanyintendstoinvestinanyotherenterpriseorprovideguaranteeforothers,itshall,accordingtotheprovisionsofitsarticlesofassociation,bedecidedatthemeetingoftheboardofdirectorsorshareholdersorshareholders'convention.Ifthearticlesofassociationprescribeanylimitonthetotalamountofinvestmentsorguarantees,orontheamountofasingleinvestmentorguarantee,theaforesaidtotalamountoramountshallnotexceedtheresponsivelimitedamount.Ifacompanyintendstoprovideguaranteetoashareholderoractualcontrollerofthecompany,itshallmakearesolutionthroughtheshareholder'smeetingorshareholders'convention.Theshareholderasmentionedintheprecedingparagraphortheshareholderdominatedbytheactualcontrollerasmentionedintheprecedingparagraphshallnotparticipateinvotingonthematterasmentionedintheprecedingparagraph.Suchmatterrequirestheaffirmativevotesofmorethanhalfoftheothershareholdersattendingthemeeting.
Article17Thecompanyshallprotectthelawfulrightsandinterestsofitsemployees,concludeemploymentcontractswiththeemployees,buysocialinsurances,strengthenlaborprotectionsoastorealizesafeproduction.Thecompanyshall,invariousforms,reinforcethevocationaleducationandin-servicetrainingofitsemployeessoastoimprovetheirperso
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- Company Law