Commercial Surveys

Commercial Surveys

A Comparative Study of the Types of Merchants’ Registration Systems with an Emphasis on the Role of Business Register Book in Recognition of Merchant

Document Type : Original Article

Authors
Nasrin Tabatabai Hesari 1
Soroush Safizade 2
1 Associate Professor,Department of Private and Islamic Law,Faculty of Law and Political Science,University of Tehran, Tehran,Iran.
2 , Phd Student of Private Law, Faculty of Law,College of Farabi,University of Tehran,Qom,Iran.
10.22034/bs.2024.2014851.2887
Abstract
The “Business registration “ is a mechanism for identifying merchants and distinguishing them from non-merchants that has been the focused by the legislators of the Civil Law countries due to its especial legal effects for ensuring transaction security.
However, different countries based on their needs assessments and their fundamental foundations in the objective, subjective or mixed commercial law system, have predicted a model of merchants’ registration systems that has fundamental differences from each other and shows different legal functions.
Therefore, the question is what functions does the merchants’ registration basically provide, and according to these functions, what are the types of merchants’ registration systems.
This study with comparative- analytical view has concluded that “ Merchants’ Registration” has come into existence with the two goals of “Accelerating, facilitating and guaranteeing commercial operations” in the private sector and “governance control and supervision of commerce” in the public sector; And in this field, the legal systems have used three different models based on the “role of business register book in recognition of merchant “ component, that registration mechanism based on an objective system is more efficient than two other in fulfilling the expected legal functions;
In this regard, some legal reforms are recommended for the implementation of the objective registration system in Iranian law.
Keywords
Building Trust in Commercial Activity / Governance Supervision of Merchants / Activities / Objective Systems / Subjective Systems / Mixed Systems

Subjects

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Commercial Surveys
Volume 22, Issue 124 - Serial Number 124
March and April 2024
Pages 75-88

  • Receive Date 01 November 2023
  • Revise Date 16 December 2023
  • Accept Date 10 January 2024