Study Of The One-man Company Legal Regulatory System

China on October 27, 2005, the Tenth NPC Standing Committee 18th meeting, adopted the revised Company Law, the revised Company Law January 1, 2006 into effect. One-man company has finally into the stage from behind the scenes. Although the one-man company in line with the trend of the times allowed to happen, but less well known is August 28, 2005 the NPC Standing Committee on Company Law Group to consider the revised draft, a number of the National People's Congress Standing Committee and invited to attend meetings of the National People's Congress suggested that removal of the natural person who can set up a limited liability company requirements. A natural person to establish a limited liability company, ownership, management rights, decision-making power concentrated in one person, can not form a corporate governance structure. Although the prevalence of one-person foreign companies, but China's establishment of one-person limited liability company would be premature The author believes that "one person company" operation, the above-mentioned concerns about regulatory risk is reasonable, it is worth attention, but so would abolish the "one-man company," and denied its existence is reasonable, they miss too hasty, the "Yinyefeishi" suspected .This article based on economic law theories,marted from the defects of one person company systems,combined with traditional company law supervision system,provides a systematic analysis on one person company supervision system.