ABSTRACT
The Russian company law, especially, has been developing to conform to the requirements of the market economy. In the Civil Code the Joint Stock Company Law (JSC Law) and the Limited Liability Company Law (LLC Law) are mentioned expressly as such acts. The norms of the JSC Law and the LLC Law are based on the company law norms of the first part of the Civil Code, and they form the main part in the regulation concerning the foundation and activities of companies. Entrepreneurship is defined in the Civil Code as an autonomous activity, effectuated at ones own risk, directed toward the systematic obtaining of profit from the use of property, the sale of goods, the fulfillment of work, or the rendering of services by the person registered in the capacity in conformity with the law-established procedure. The concept of juristic person is essential in the civil law regulation of entrepreneurship in Russian law.
