Corporate Resource Guide » private corporation http://www.corporateresourceguide.com Information For Small Business Owners Sun, 30 Oct 2011 19:23:58 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 What is the difference between a “private corporation” and a public corporation? http://www.corporateresourceguide.com/differences/what-is-the-difference-between-a-private-corporation-and-a-public-corporation/ http://www.corporateresourceguide.com/differences/what-is-the-difference-between-a-private-corporation-and-a-public-corporation/#comments Fri, 04 Mar 2011 07:37:35 +0000 Robert Montgomery http://www.corporateresourceguide.com/?p=48 Continue...]]> A private corporation is a term often used to describe a
small corporation in which the stock is issued to a limited number of
shareholders and is not available to the public. In most small private
corporations, the shareholders are actively involved in the business
and also serve as officers and directors of the company. There are
some larger corporations with a substantial number of shareholders
who choose to remain private for several reasons including more
privacy and the high cost of going public and maintaining a public
company.

A public corporation is one that is authorized to sell its stock to the
public. Usually, only companies with substantial revenue and a large
number of shareholders can afford the cost to go public and comply
with the many regulations imposed on public companies by the
securities laws and other governmental regulations.

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