合伙企业法 英文版文档.pdf

Law of the Peoples Republic of China on Partnership Enterprises Order [1997] No.82 of the President of the Peoples Republic of China Adopted and promulgated at the 24th Meeting of the Standing Committee of the Eighth National Peoples Congress on February 23, 1997 Chapter I General Provisions Article 1 This Law is formulated with a view of standardizing partnership enterprises activities, protecting the legitimate rights and interests of partnership enterprises and their partners, maintaining the social and economic order, and promoting the development of the socialist market economy. Article 2 Partnership enterprise mentioned in this Law refers to a profit-making organization established within the territory of China according to this Law with their partners associated under a partnership agreement, each making capital contributions, carrying out business operations, distributing profits, undertaking risks and bearing unlimited and joint liability for the partnership enterprises debts. Article 3 A partnership agreement shall be in written form after consultation and agreement among all the partners according to law. Article 4 In concluding a partnership agreement and establishing a partnership enterprise, the parties shall follow the principles of voluntariness, equality, fairness, honesty and credibility. Article 5 Partnership enterprises shall not use words such as limited or limited liability in their names. Article 6 In engaging in business activities, partnership enterprises must observe laws and administrative regulations and abide by professional ethics. Article 7 Property, legitimate rights and interests of partnership enterprises and their partners shall be