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Tax for Companies in NZ

· Widely-held company: a company has 25 shareholders (associated shareholders counted as one) or more; and it is not a close-held company. · Close company: a company that has five or fewer natural persons (associated persons counted as one) who either hold voting interests, or hold market value interests in the company of more than 50%.…

Widely Held Company Definition Finance Dictionary MBA ...

Definition: Widely Held Company. A widely held company or a publicly listed/ traded company is basically a company that has issued securities/ shares through an initial public offering (IPO) in the primary market, has a mandated statutory basic paid up capital, and is traded on at least one stock exchange or in the over the counter (OTC) market. The shares of the company are widely distributed ...…

Closely held company financial definition of closely held ...

Closely held company A company who has a small group of controlling shareholders. In contrast, a widely-held firm has many shareholders. It is difficult or impossible to wage a proxy battle for any closely-held firm. Closed Corporation A company in which a small group of shareholders controls the majority of the shares. These majority shareholders tend ...…