合伙企业法英文版.doc

Law of the Peoples Republic of China on Partnerships Order of the Peoples Republic of China No.55 The Law of the Peoples Republic of China on Partnerships, amended and adopted at the 23rd Meeting of the Standing Committee of the Tenth National Peoples Congress of the Peoples Republic of China on August 27, 2006, is hereby promulgated and shall go into effect as of June 1, 2007. Hu Jintao　 　President of the Peoples Republic of China August 27, 2006 Law of the Peoples Republic of China on Partnerships （Adopted at the 24th Meeting of the Standing Committee of the Eighth National Peoples Congress on February 23, 1997 and amended at the 23rd Meeting of the Standing Committee of the Tenth National Peoples Congress on August 27, 2006） Contents Chapter I General Provisions Chapter II General Partnerships Section 1 Establishment of a Partnership Section 2 Property of a Partnership Section 3 Management of Partnership Affairs Section 4 Relationship of a Partnership to a Third Party Section 5 Entering into and Retiring from a Partnership Section 6 Specialized General Partnerships Chapter III Limited Liability Partnerships Chapter IV Dissolution and Liquidation of a Partnership Chapter V Legal Liability Chapter VI Supplementary Provisions Chapter I General Provisions Article 1 This Law is enacted in order to regulate the behavior of partnerships, to protect the lawful rights and interests of partnerships and the partners and creditors therein, to maintain social and economic order, and to promote the development of the socialist market economy. Article 2 For the purposes of this Law, “partnerships” refer to both general partnerships and limited liability partnerships, both of which are established according to this Law by natural persons, legal persons or other organizations within the territory of A general partnership is composed of general partners who bear unlimited joint and several liability for the debts of the partnership