What is the difference between a public company and private company?

Answer 1

Public Corporation - There are there on behalf of people.

Public companie -They are there for people to use

Answer 2

Public companies are those businesses owned by individuals (and not by a government). If a public company is a corporation whose stock is traded on a stock exchange it is said that the stock is publicly traded or that the company is a publicly-traded corporation.

Public sector refers to government-owned organizations and government-provided services.

Answer 3

A public company is listed on a stock exchange, and usually has widely dispersed shareholders (but that doesn't exclude having a few dominant shareholders).

A public sector company is not listed on a stock exchange, and has all its shares owned by the government.

Answer 4

Answer

The stock of a public company is traded openly in the stock market - anyone can buy some stock in a public company. A private company is usually owned by a small group of individuals and is not available for sale to the public.

Answer 5

I think that the short answer to your question is probably a non-legalese answer, specifically, a private company, usually a corporation, limited liability company or one of the many types of partnerships, even a sole proprietorship is "privately owned." While the shares may be held by one (in some circumstances) or many, even unrelated people, they are not publicly offered for sale.

Conversely, a publicly held company, more likely to be a "C" corporation ("C" is a tax designation vs. "S: which if more often used by smaller corporations which allows tax treatment as if company were a partnership, but that is completely different question) which is publicly sold and traded in a Stock Market.

Answer 6

Private Shares can only be purchased by people inside the company such as employees and those connected like board members, family of employees even. Public Shares are open to the public to purchase from anywhere like you would buy shares online or through a trader. A company has to be of certain size and capital to become a public traded company, a company can not just decide to become publicly traded, many businesses try and are denied.

Hope this helps

A company may sell shares to any investor, inside or outside the company, using an exemption, such as a Regulation A or Regulation D Exemption, to the Securities Act of 1933.

To become publicly traded, there are no size or capital requirements. The company and its shares must be registered with the SEC under both the Securities Act of 1933 and the Securities Exchange Act of 1934 and must have a Market Maker willing to perform a 15c2-11 process.

Answer 7

PUBLIC COMPANY:

It is handed over by the goverments.

PRIVATE COMPANY:

It can be by their own and came up.

Answer 8

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