Trends in the development of legislation and the doctrine of private law on entrepreneurial legal entities

Olha Zozuliak

Author information
ORCID ID https://orcid.org/0000-0002-6108-4442

Keywords: subjects of civil law, corporate law, legal entity, corporation, partnership, entrepreneurial society, institution, consumer society, organizational and legal form

Download PDF
Журнал. 2-й випуск. Облкадинка

Abstract

The scientific article raises the question of outlining the direction of development of civil and corporate legislation of Ukraine regarding legal entities in general and business, in particular. The definition of legal forms of legal entities in the light of the recodification of the Civil Code of Ukraine.

The author of the article supports the idea laid down in the Concept of updating the Civil Code of Ukraine in the part that the legal regulation of organizational and legal forms should be developed in the direction of a closed list of organizational and legal forms of legal entities – societies and institutions. The need to systematize those legal entities that are part of the legal form of «institution» is emphasized, because institutions, funds, and individual legal entities of public law operating in the legal form of the institution differ in their legal status and are not sufficiently regulated today.

It is concluded that it is necessary to strengthen the role of the Civil Code of Ukraine in determining the legal status of legal entities of public law by enshrining in the Code norms that would indicate the fundamental nature of the provisions of private law in regulating the organizational and legal forms of legal entities of public law.

It is noted that the basis of understanding the concept of an entrepreneurial legal entity are two criteria: activities for profit and its subsequent distribution between participants; the emergence of the founders of a special type of property and personal rights, which are called corporate rights.

It is indicated on the need to distinguish between corporate and membership legal relations arising in entrepreneurial and non-entrepreneurial societies. In the article, due to the application of the criterion of «degree of completeness of rights», it was concluded that there are no grounds for identifying membership and corporate legal relations. The content of membership rights in non-entrepreneurial societies is non-property rights, that is, one of the elements of the corporate rights of participants in entrepreneurial societies. Certain property interests, if any, arise in non-entrepreneurial societies, as a general rule, fit into the design «not to get more than invested».

It also emphasized the need to improve Art. 961 of the Civil Code of Ukraine regarding the definition of corporate rights, the need to determine the degree of detail of regulation of entrepreneurial legal entities at the level of the Civil Code of Ukraine, in particular in terms of returning to the structure of the Civil Code of Ukraine the norms on joint-stock companies and limited and additional liability companies.

References

Legislation

1. Proekt zakonu Ukrainy «Pro osoblyvosti regulyuvannya pidpryyemnyczkoyi diyalnosti okremyx vydiv yurydychnyx osib ta yix obyednan u perexidnyj period 6013» [Draft Law of Ukraine «On Peculiarities of Regulation of Entrepreneurial Activity of Certain Types of Legal Entities and Their Associations in the Transition Period 6013»]: Ofitsiinyi vebportal parlamentu Ukrainy. Zakonodavstvo Ukrainy. URL: https://www.kmu.gov.ua/bills/proekt-zakonu-pro- osoblivosti-regulyuvannya-pidpriemnitskoi-diyalnosti-okremikh-vidiv-yuridichnikh- osib-ta-ikh-obednan-u-perekhidniy-period (accessed: 20.07.2024) [in Ukrainian].

Bibliography
Edited books
2. Kontseptsiia onovlennia Tsyvilnoho kodeksu Ukrainy (2020). The concept of updating the Civil Code of Ukraine. (128 p.). Kyiv [in Ukrainian].

3. Vasylyeva V. A. (2015). Osnovni poniattia korporatyvnoho prava ta poniattia korporatsii [Basic concepts of corporate law and the concept of corporation] Korporatyvne pravo Avstrii ta Ukrainy – Corporate law of Austria and Ukraine: monograph. (pp. 125–135, pp. 135–142). Ivano-Frankivsk [in Ukrainian].

Journal articles

  1. Kuzyk V. (2022). Osoblyvosti instytutu chlenstva u nepidpryiemnytskykh tovarystvakh – Peculiarities of the institution of membership in non-entrepreneurial societies: Actual problems of jurisprudence. No3 (pp. 107–114) [in Ukrainian].
  2. Smitiukh A. V. (2020). Korporatyvni ta chlenski prava ta pravovidnosyny u svitli novitnoi praktyky Velykoi Palaty Verkhovnoho Sudu – Corporate and membership rights and legal relations in the light of the latest practice of the Grand Chamber of the Supreme Court: Legal state No38 (pp. 55–63) [in Ukrainian].
  3. Vasylyeva V. A. (2013). Problemy rozvytku korporatyvnoho prava [Problems of the development of corporate law] Private law. No1 (pp. 135–145) [in Ukrainian].
  4. Zozuliak O. I. Paruta Yu. I. (2024). Tendentsii rozvytku zakonodavstva ta doktryny pryvatnoho prava shchodo orhanizatsiino-pravovykh form yurydychnykh osib – Trends in the development of legislation and doctrine of private law regarding organizational and legal forms of legal entities : Actual problems of improving the current legislation of Ukraine No65. (pp. 21–30) [in Ukrainian].

Conference materials

  1. Spasybo-Fatyeyeva I. V. (2021). Shodo reformuvannya regulyuvannya yurydychnyh osib [Regarding the reform of the regulation of legal entities] Uchasnyky cyvilnyx vidnosyn: novaciyi rekodyfikaciyi cyvilnogo (pryvatnogo) prava Ukrayiny – Participants of Civil Relations: Innovations in the Recodification of Civil (Private) Law of Ukraine: Proceedings of the XIX Scientific and Practical Conference dedicated on the 99-th anniversary of birth of prof. V. P. Maslov (pp. 43–45). Kharkiv [in Ukrainian].
  2. Spasybo-Fatyeyeva I. V. (2021). Shodo reformuvannya regulyuvannya yurydychnyh osib [Regarding the reform of the regulation of legal entities] Uchasnyky cyvilnyx vidnosyn: novaciyi rekodyfikaciyi cyvilnogo (pryvatnogo) prava Ukrayiny – Participants of Civil Relations: Innovations in the Recodification of Civil (Private) Law of Ukraine: Proceedings of the XIX Scientific and Practical Conference dedicated on the 99-th anniversary of birth of prof. V. P. Maslov (pp. 43–45). Kharkiv [in Ukrainian].
  3. Spasybo-Fatyeyeva I. V. (2023). Svizhyi pohliad na tsyvilni ta otochuiuchi yikh pravovidnosyny – A fresh look at civil and legal relations surrounding them: Problems of civil law and process. Materials of international of science practice conf., dedicate. 98th anniversary since the day of birth. doctor of law Sciences, Prof. O. A. Pushkina (pp. 102–108). Kharkiv [in Ukrainian].

    11. Zhornokui Yu. (2023). Reforma tsyvilnoho zakonodavstva chy povernennia v 1990-ti roky: aktualnist odnoho pytannia – Civil law reform or a return to the 1990s: the relevance of one issue: Proceedings of the ХXІ Scientific and Practical Conference dedicated on the 101st anniversary of birth of prof. V. P. Maslov (pp. 52–57). Kharkiv [in Ukrainian].