TL Company Taxonomy

// Register Custom Taxonomy
function tl_register_company_taxonomy() {

	$labels = array(
		'name'                       => _x( 'Companies', 'Taxonomy General Name', 'tl' ),
		'singular_name'              => _x( 'Company', 'Taxonomy Singular Name', 'tl' ),
		'menu_name'                  => __( 'Companies', 'tl' ),
		'all_items'                  => __( 'All Companies', 'tl' ),
		'parent_item'                => __( 'Parent Company', 'tl' ),
		'parent_item_colon'          => __( 'Parent Company:', 'tl' ),
		'new_item_name'              => __( 'New Company Name', 'tl' ),
		'add_new_item'               => __( 'Add New Company', 'tl' ),
		'edit_item'                  => __( 'Edit Company', 'tl' ),
		'update_item'                => __( 'Update Company', 'tl' ),
		'view_item'                  => __( 'View Company', 'tl' ),
		'separate_items_with_commas' => __( 'Separate Companies with commas', 'tl' ),
		'add_or_remove_items'        => __( 'Add or remove Companies', 'tl' ),
		'choose_from_most_used'      => __( 'Choose from the most used Companies', 'tl' ),
		'popular_items'              => __( 'Popular Companies', 'tl' ),
		'search_items'               => __( 'Search Companies', 'tl' ),
		'not_found'                  => __( 'No Companies Found', 'tl' ),
		'no_terms'                   => __( 'No Companies', 'tl' ),
		'items_list'                 => __( 'Companies list', 'tl' ),
		'items_list_navigation'      => __( 'Companies list navigation', 'tl' ),
	);
	$rewrite = array(
		'slug'                       => 'company',
		'with_front'                 => true,
		'hierarchical'               => false,
	);
	$args = array(
		'labels'                     => $labels,
		'hierarchical'               => true,
		'public'                     => false,
		'show_ui'                    => true,
		'show_admin_column'          => true,
		'show_in_nav_menus'          => false,
		'show_tagcloud'              => false,
		'query_var'                  => 'company',
		'rewrite'                    => $rewrite,
		'show_in_rest'               => true,
		'rest_base'                  => 'company',
	);
	register_taxonomy( 'company', array( 'service', 'project', 'post', 'page', 'product' ), $args );

}
add_action( 'init', 'tl_register_company_taxonomy', 0 );