If an official violates the rules, the business enterprise shall define it according to the seriousness of the case. If the circumstances are minor, give a warning or a serious warning; If the circumstances are serious, he shall be dismissed from his post within the Party or be placed on probation; If the circumstances are serious, he shall be expelled from the party. Business-run enterprises that own shares or securities of unlisted companies, work part-time in economic organizations, social organizations and other units in violation of relevant regulations, or get additional benefits such as wages, bonuses and allowances after being approved to work part-time, shall be punished in accordance with the above provisions.

(1) Retired cadres of the Party and state organs are not allowed to set up commercial enterprises, to hold positions in commercial enterprises, to receive remuneration in the purchase and sale of commodities, to participate in the reselling of means of production and commodities in short supply in any form, to ask relevant units for state materials and to engage in financial activities.

(two) retired cadres of the party and state organs shall not hold any leadership positions (including honorary positions) or other management positions in enterprises owned by the whole people and foreign-invested enterprises (companies), and enterprises shall not employ them. Those who have served must resign.

(3) Retired cadres of the Party and state organs may apply for posts in non-commercial enterprises that are not owned by the whole people, but they must go through retirement formalities for two years before they can take posts in the industries and enterprises in charge of the original organs. To work in these enterprises, you need to obtain the approval of the retired cadres management department of the institution where you work, and sign a contract with the employer.

What is a commercial enterprise?

An industrial and commercial enterprise registered in the administrative department for industry and commerce is a commercial enterprise, which refers to operating business and setting up enterprises. Its main forms are: sole proprietorship, joint venture, stock, partnership with others, private contracting, leasing and employment.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 94 of the Regulations on Disciplinary Actions stipulates that anyone who engages in profit-making activities in violation of relevant regulations and commits one of the following acts, if the circumstances are minor, shall be given a warning or a serious warning; If the circumstances are serious, he shall be dismissed from his post within the Party or be placed on probation; If the circumstances are serious, be expelled from the Party:

Commercial enterprises;

(2) owning shares or securities of unlisted companies (enterprises);

(3) buying and selling stocks or investing in other securities.

(four) engaged in paid intermediary activities;

(5) registering a company or investing in shares outside the country (territory);

(six) other profit-making activities in violation of relevant regulations.