發(fā)布時間：2018-03-03 18:31

  本文選題：私募股權(quán)基金　切入點：有限合伙　出處：《首都經(jīng)濟(jì)貿(mào)易大學(xué)》2014年碩士論文　論文類型：學(xué)位論文

【摘要】：隨著2006年我國《合伙企業(yè)法》的頒布，，有限合伙這種組織形式在法律層面有了獨立的地位，有限合伙型的私募股權(quán)企業(yè)也如雨后春筍般在國內(nèi)相繼成立，極大地推動了我國私募股權(quán)投資行業(yè)的發(fā)展進(jìn)程。但由于相關(guān)法律法規(guī)只是在原則上規(guī)定了有限合伙這種組織形式，并沒有專門針對有限合伙制私募股權(quán)基金的法律法規(guī)，在實踐中缺乏可操作性。因此，筆者以有限合伙制私募股權(quán)基金作為研究對象，闡述了它的法律特征、立法概況以及發(fā)展趨勢，并從中發(fā)現(xiàn)其存在的問題，提出完善合格投資者的法律界定、管理機(jī)制、稅收制度、退出渠道等方面的法律建議。在有效提高私募股權(quán)基金的運轉(zhuǎn)能力、促進(jìn)我國私募股權(quán)投資基金行業(yè)的和諧有序發(fā)展上具有極大地理論價值和現(xiàn)實意義。 除引言外，本文共分為五個部分： 第一部分，講述有限合伙制私募股權(quán)基金的理論基礎(chǔ)，在法律范圍內(nèi)對它進(jìn)行了界定，全面介紹其法律特征、組織形式和發(fā)展趨勢。通過三種組織形式的比較分析，筆者認(rèn)為有限合伙這種組織形式的私募股權(quán)基金最有利于我國私募股權(quán)基金行業(yè)的發(fā)展。 第二部分，主要分析我國有限合伙制私募股權(quán)基金的法律環(huán)境，從地方立法、國務(wù)院部門規(guī)章和全國人大立法三個層次闡述其法律規(guī)范現(xiàn)狀，然后對我國有限合伙制私募股權(quán)基金的法律環(huán)境做出綜合評價。 第三部分，通過前文對我國有限合伙制私募股權(quán)基金法律規(guī)范現(xiàn)狀的分析，發(fā)現(xiàn)并提出其存在的問題，主要包括合格投資者的法律界定不明確、管理機(jī)制相對混亂、稅收法律制度不完善、缺乏靈活的退出渠道、監(jiān)管主體不清晰五個方面。 第四部分，由于美國是有限合伙制私募股權(quán)基金在法律規(guī)制和實踐操作最健全的國家，因此本部分主要以美國為例，著重研究其完善的立法體系、豐富的稅收激勵政策、多樣的退出渠道以及嚴(yán)格的監(jiān)管機(jī)制，對改善我國有限合伙制私募股權(quán)基金的法律制度有著重要的借鑒意義。 第五部分，根據(jù)前文發(fā)現(xiàn)我國有限合伙制私募股權(quán)基金存在的問題和對美國法律制度的學(xué)習(xí)研究，提出完善我國相關(guān)制度的法律建議。主要包括：從不同角度明確投資者的法律界定、建立有效的管理機(jī)制、完善相關(guān)稅收法律制度、提供退出渠道的多樣性選擇、明確監(jiān)管主體。
[Abstract]:With the 2006 China's "partnership enterprise law" promulgated, the organization form of limited partnership has independent status in the legal level, private equity limited partnership enterprise is like in China have set up such as bamboo shoots after a spring rain, which greatly promoted the development of China's private equity investment industry. But because the relevant laws and regulations is in principle specify the organization form of limited partnership, and no specific laws and regulations of Limited Partnership Private Equity Fund, the lack of maneuverability in practice. Therefore, the author of a limited partnership private equity fund as the research object, discusses its legal characteristics, legislative situation and development trend, and find out the existing problems from it, put forward to perfect the legal definition of qualified investors, management mechanism, tax system, legal advice and other aspects of the exit channels. A significant increase in the private equity fund. It is of great geographo value and practical significance to promote the harmonious and orderly development of private equity investment fund industry in China.
In addition to the introduction, this article is divided into five parts:
The first part, the theoretical basis about Limited Partnership Private Equity Fund, in the legal scope of it were defined, a comprehensive introduction to its legal characteristics, trend of organization and development. Through comparative analysis of three forms of organization, the author thinks that the private equity fund limited partnership which form the most conducive to the development of China's private equity the equity fund industry.
The second part mainly analyzes the legal environment of our limited partnership private equity fund, from the local legislation, the three levels of the departments of the State Council regulations and the NPC's legislative status quo of the legal norm, then the legal environment of our limited partnership private equity fund to make a comprehensive evaluation.
The third part, through the above analysis on the status quo of the legal norms of our limited partnership private equity fund, and puts forward the existing problems, including the legal definition of qualified investors is not clear, the management mechanism of the relative chaos, the tax law system is not perfect, the lack of flexible exit channels, the regulatory body five is not clear.
The fourth part, because the United States is the limited partnership private equity funds operating in countries with the most perfect legal regulation and practice, so this part mainly in the United States, with emphasis on its perfect legislative system, rich tax incentives, various exit channels and strict supervision mechanism, have important reference significance to the law to improve the system of our limited partnership private equity fund.
The fifth part, according to the study of our limited partnership private equity fund problems and the legal system of the United States found above, puts forward suggestions on legal system of our country. Mainly includes: the definition of investors clearly from different angles of the law, establish an effective management mechanism, improve the relevant legal system of tax revenue, provide exit channels the diversity of choice, a clear regulatory body.

【學(xué)位授予單位】：首都經(jīng)濟(jì)貿(mào)易大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：D922.28

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