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A public company is a company who issues stocks that are traded openly in the stock exchange or over the counter market.
A private company does not issue shares for the public and the owners do not enjoy an unrestricted right to transfer their shareholdings.
An unlimited company is a hybrid of the two. It is a private company, however the owners accept unlimted liabilty and personal liabilty for their debts. This is done to avoid double taxation of a limited company.
1.Public company a company whose shares are traded freely on a stock exchange.
2.Private company whose ownership is private. As a result, it does not need to meet the strict Securities and Exchange Commission filing requirements.
3.Unlimited company or private unlimited company is a hybrid company (corporation) incorporated either with or without a share capital (and similar to its limited company counterpart) but where the legal liability of the members or shareholders is not limited - that is, its members or shareholders have a joint, several and non-limited obligation to meet any insufficiency in the assets of the company to enable settlement of any outstanding financial liability in the event of the company's formal liquidation.
هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟