Enterprise Law - A uniform, transparent and equal legal framework for all enterprises
The Enterprise Law was passed by the National Assembly on November 29, 2005. Being a unified law, it governs the establishment, organization, management and operation of limited liability companies, joint-stock companies, partnerships and private enterprises, regardless of ownership and economic sectors, aiming to create a uniform and transparent legal framework for enterprises of all types. The Law will take effect on July 1, 2006.