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International Conference on Information Technology and Scientific Management (ICITSM 2010 E-BOOK)

Tianjin,China,12.20-12.21,2010

ISBN: 978-1-935068-40-2 Scientific Research Publishing, USA

E-Book 1078pp Pub. Date: December 2010

Category: Computer Science & Communications

Price: $220

Title: Brief Analysis of One-Man Company Credit Legal System
Source: International Conference on Information Technology and Scientific Management (ICITSM 2010 E-BOOK) (pp 193-195)
Author(s): Rui Li, School of Humanities and Laws, Tianjin Polytechnic University, Tianjin, China
Abstract: One-man company’s credit comes from commercial credit. One-man company credit legal system is a kind of the system that the company makes the credit rating resources that one-man company has gained in the economic activities for effective allotment. However, because of the new "law of one man’s company” give a loose policy for the establishment of company, it makes the shareholder easily to abuse the corporate personality and capital flight. What’s more, the related departments neglect the management so that creditor's benefit cannot obtain well maintenance and the commercial trade market is along with its confusion either. Although the law already had the related measure, but still had the crack. Facing up to the legal and practical issues of the one-man company, it should be based on both the micro and macro aspects. It is necessary to perfect public registry system, capital system disregard of corporate personality, and to assist the government's macro-action, and increase the transparency of information, in order to establish a sound legal system of one-man company credit legal system.
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