中华人民共和国公司法英文版

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中华人民共和国公司法CompanyLawofthePeople'sRepublicofChina主席令第十六号(AdoptedattheFifthsessionoftheStandingCommitteeoftheEighthNationalPeople'sCongressonDecember29,1993)时效性:已被修正颁布日期:19931229实施日期:19940701失效日期:19991225颁布单位:全国人大常委会Chapter1GeneralProvisionsArticle1ThisLawisformulatedinaccordancewiththeConstitutioninordertoadapttotheneedstoestablishamodementerprisesystem,standardizetheorganizationandactivitiesofcompanies,protectthelegitimaterightsandinterestsofcompanies,shareholdersandcreditors,safeguardsocialandeconomicorderandpromotethedevelopmentofthesocialistmarketeconomy.Article2InthisLaw,theterm“company”referstoalimitedliabilitycompanyoracompanylimitedbysharesestablishedwithinChineseterritoryinaccordancewiththisLaw.Article3Alllimitedliabilitycompaniesandcompanieslimitedbysharesareenterpriselegalpersons.Inthecaseofalimitedliabilitycompany,ashareholderisliabletothecompanytotheextentoftheamountoftheshareholder'scapitalcontribution.Alimitedliabilitycompanyisliableforthedebtsofthecompanywithallitsassets.Inthecaseofacompanylimitedbyshares,itsentirecapitalisdividedintosharesofequalvalueandshareholdersshallbeliabletothecompanytotheextentofthesharesheldbythem.Acompanylimitedbysharesisliableforthedebtsofthecompanywithallitsassets.Article4Theshareholdersofacompany,ascapitalcontributors,havetherighttoenjoythebenefitsoftheassetsofthecompany,makemajordecisions,choosemanagersetc.inaccordancewiththeamountofcapitaltheyhaveinvestedinthecompany.Acompanyenjoysalllegalpersonpropertyrightsconstitutedbytheshareholders'investment,enjoyscivilrightsandassumescivilliabilitiesinaccordancewithlaw.OwnershipoftheState-ownedassetsinacompanybelongstothestate.Article5Withrespecttoallitscorporateproperty,acompanyconductsitsbusinessautonomouslyinaccordancewithlawandisresponsibleforitsownprofitsandlosses.Underthestate'smacroregulationandcontroladjustment,acompanyorganizesitsproductionandoperationsautonomouslyaccordingtomarketdemandwiththeobjectivesofraisingeconomicefficiencyandlabourproductivityandpreservingandincreasingthevalueofassets.Article6Acompanyimplementsaninternalmanagementstructurewithacleardivisionofrightsandresponsibilities,scientificmanagementandcombinedincentivesandrestrictions.Article7Astateownedenterprisewhichisbeingreorganizedasacompanyshallreplaceitssystemofoperation,graduallyandsystematicallytakeinventoryofitsassetsandverifyitscapital,determinepropertyrights,clearcreditors'rightsandindebtedness,valueassetsandsetupastandardizedinternalmanagementstructureinaccordancewiththelawandconditionsandrequirementsofadministrativeregulations.Article8TheestablishmentofalimitedliabilitycompanyoracompanylimitedbysharesshallcomplywiththeconditionssetoutinthisLaw.AcompanycomplyingwiththeconditionsofthisLawisregisteredasalimitedliabilitycompanyoracompanylimitedbyshares.ACompanywhichdoesnotcomplywiththeconditionssetoutinthisLawshallnotberegisteredasalimitedliabilitycompanyoracompanylimitedbyshares.Wherethelaworadministrativeregulationsrequirethattheestablishmentofacompanybesubmittedforexaminationandapproval,theproceduresforsuchexaminationandapprovalarecarriedoutbeforethecompanyisregistered.Article9AlimitedliabilitycompanyestablishedinaccordancewiththisLawshallhavethewords“limitedliabilitycompany”initsname.AcompanylimitedbysharesestablishedinaccordancewiththisLawshallhavethewords“companylimitedbyshares”initsname.Article10Thedomicileofacompanyistheplacewhereitsprincipalplaceofbusinessislocated.Article11Inestablishingacompany,thecompany'sarticlesofassociationshallpreparedinaccordancewiththisLaw.Thearticlesofassociationarebindingonthecompany,theshareholders,directors,supervisorsandmanagers.Acompany'sbusinessscopeisspecifiedinitsarticlesofassociationandregisteredinaccordancewiththelaw.Foritemsinacompany'sbusinessscopewhicharerestrictedbylaworadministrativeregulations,approvalshallbeobtainedinaccordancewiththelaw.Acompanyshallconductbusinessactivitieswithinitsregisteredbusinessscope.Acompanymaychangeitsbusinessscopebyamendmentstoitsarticlesofassociationinaccordancewithproceduresprovidedbylawandafterchangingitsregistrationwiththecompanyregistrationauthority.Article12Acompanymayinvestinotherlimitedliabilitycompaniesorcompanieslimitedbysharesandbeliabletothecompanieswhichithasinvestedintotheextentoftheamountofcapitalinvestedinsuchcompanies.ExceptforinvestmentcompaniesandholdingcompaniesspecifiedbytheStateCouncil,whereacompanyinvestsinotherlimitedliabilitycompaniesorcompanieslimitedbyshares,theaggregateamountofinvestmentshallnotexceedfiftypercentofthenetassetsofthecompany,notincludinganyincreaseinthecapitaloftheotherlimitedliabilitycompaniesorcompanieslimitedbysharesinwhichthecompanyinvestsarisingfromanyconversionofprofitsofthesecompaniesintocapitalfollowingsuchinvestment.Article13Acompanymaysetupbranches.Branchesofacompanydonothavethestatusofenterpriselegalpersonsandthecompanyassumesthecivilliabilitiesofitsbranches.Acompanymaysetupsubsidiaries.Subsidiariesofacompanyhavethestatusofenterpriselegalpersonsandassumecivilliabilitiesindependentlyinaccordancewiththelaw.Arti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