State Council, PRC Measures for the Administration of Registration of Partnership Enterprises (Revised)

Promulgated: May 9 2007
Effective: June 1 2007

Main Contents: According to the revised Measures, the description "general partnership", "special general partnership" or "limited partnership" shall be specified after the organization form in the name of partnership enterprises (Article 7). Where the partnership agreement has not stipulated the managing partner or all partners have not yet made a decision on the appointment of managing partner, all partners shall be managing partners. However, a limited partner may not be a managing partner (Article 9). Where the business scope of a partnership enterprise includes projects that require pre-registration approval pursuant to laws, administrative regulations or State Council provisions, approval documents shall be submitted to the enterprise registry (Article 12).