regulation Mainland China Translation unavailable

Regulation on Promoting the Development of Individual Industrial and Commercial Households

促进个体工商户发展条例

State Council regulation defining and supporting individual industrial and commercial households, useful for distinguishing individual businesses from companies, partnerships, and sole proprietorships.

Use It For

Use this with the Civil Code and market-entity registration rules when students compare companies with individual business forms.

Teaching Notes

The regulation is not a company statute. Its teaching value lies in showing that Chinese law recognizes several registered market-entity forms, only some of which have corporate personality and shareholder limited liability.