Private company: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Expand definition.) |
||
| Line 2: | Line 2: | ||
For this reason, private companies are subject to lighter regulation and reporting requirements, compared with listed companies. | For this reason, private companies are subject to lighter regulation and reporting requirements, compared with listed companies. | ||
However, even privately owned companies must make regular filings of financial and other information at the companies registry, in prescribed formats. | |||
== See also == | == See also == | ||
* [[Companies House]] | |||
* [[Companies registry]] | |||
* [[Company]] | * [[Company]] | ||
* [[Control premium]] | * [[Control premium]] | ||
Revision as of 20:35, 18 December 2020
Private companies are not allowed to offer their shares for sale to the public.
For this reason, private companies are subject to lighter regulation and reporting requirements, compared with listed companies.
However, even privately owned companies must make regular filings of financial and other information at the companies registry, in prescribed formats.
