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Would it be a CCPC or a public company? How do we decide? If A and B incorporate company C for a new project and

Would it be a CCPC or a public company? How do we decide?

If A and B incorporate company C for a new project and each of them has 50% voting shares and equally contribute to the company, then what would be company C? 


Situation: A - CCPC and B - public company, C- incorporated company by A and B company.

 


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