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A private company is a company held under private ownership with shares that are not traded publicly on exchanges.
3
votes
Setting up a Limited company online
How certain are you that setting up an LLC is something that would benefit you? How aware are you of how they work, what filings they need, etc?
If you are perfectly confident in the entire process, t …
1
vote
How to buy private company stock using a registered account (e.g. LIRA, RRSP)?
It may be possible to hold private company shares within an RRSP, assuming you are not related to that company per the definition shown here https://www.canada.ca/en/revenue-agency/services/tax/indivi …
14
votes
Accepted
Why is it ever a good idea to found a company?
There are a few common errors you are making in your statement. Before I try to address what I see as problems with your line of thinking, take my overall response to the headline of your question as …
17
votes
Accepted
Do pension pots get interest?
There are two main types of pensions to consider in answering your question:
(1) Defined Benefit pension plan. This type is the 'traditional' pension plan. It means that when you retire, you get a be …