In addition, generally a small-scale company can set up an executive director without a board of directors, and the executive director can also serve as the general manager of the company. According to Article 50 of the Company Law of People's Republic of China (PRC).
Extended data:
Prohibit the qualifications of senior executives:
Under any of the following circumstances, he may not serve as a director, supervisor or senior manager of the company:
1, without or with limited capacity for civil conduct; ?
2, because of corruption, bribery, embezzlement of property, misappropriation of property or disrupt the order of the socialist market economy, was sentenced to punishment, the execution period is less than five years, or because of the crime was deprived of political rights, the execution period is less than five years;
3. If the directors, factory directors and managers of the bankrupt company or enterprise are personally responsible for the bankruptcy of the company or enterprise, it has not been more than three years since the date of completion of the bankruptcy liquidation of the company or enterprise;
4. Being the legal representative of a company or enterprise whose business license has been revoked due to violation of the law and ordered to close down, and having personal responsibility, it has not been more than three years since the date when the business license of the company or enterprise was revoked; ?
5. A large amount of personal debt has not been paid off due. If the company elects, appoints directors, supervisors or employs senior management personnel in violation of the provisions of the preceding paragraph, the election, appointment or appointment shall be invalid. The company shall remove the directors, supervisors and senior managers from their posts under any of the circumstances listed in the first paragraph of this article during their term of office.
Baidu Encyclopedia-People's Republic of China (PRC) and China Company Law