As far as I'm concern, since the exempt private companies are by far the most lenient as it does not have to comply many rules like what other classification of companies do. The reasons could be probably due to no public money are involve thus the advantages of the exempt private companies includes the following:
1) It does not have to disclose its financial information and accounts to the public and therefore enjoy the confidentiality of the company.
2) The exempt private company can provide loan to the directors of the company which other form of company don't.
Yes a Government company can be private company wherein the rules as applicable to a pvt co., shall apply to such government co., Central Government can exempt any class of companies from certain provisions of the companies act by an official gazette
Magnum Corporation is an example of a private limited company in Malaysia. All private limited companies in Malaysia have Sendirian Berhad at the end of their name.
dont khow guys sorry
It means to make a company National.
A private company differs from a public company by how it does its research. A public company can dip into public capital markets as to where private companies cannot.
Private power supply companies provides great offers and they are cost effective.
All public and private disability benefits are exempt from creditor garnishment. All SS, SSI, SSD SSID benefits, military pensions and most private pensions are exempt from creditor garnishment.
Yes a Government company can be private company wherein the rules as applicable to a pvt co., shall apply to such government co., Central Government can exempt any class of companies from certain provisions of the companies act by an official gazette
Gov't backed student loans are exempt from BKruptcy....they will come after you thru tax refunds or garnishment.
No
No institution exempted from audit
Audit is not necessary for all companies, in some countries the small companies are exempt from audit.
Sales tax exempt forms are for individuals or companies that are exempt from sales tax. This could be if you run a charitable, educational or other organizations.
No, unions are not private companies, but they are a type of economic organisation.
Private Companies
NJ has state mandated short term disability insurance for workers of private companies. Public employees are exempt from the mandate, but can buy coverage should the group choose the option.
Advantages of private warehouses include complete control over operations, security of goods, and flexibility in customization. Disadvantages may include high initial investment costs, ongoing maintenance expenses, and potential underutilization of space during off-peak periods.