Private Limited Company

A Private Limited Company is a privately held business entity where ownership is limited to a small group of shareholders and shares cannot be offered to the public. It provides limited liability to its shareholders, meaning their personal assets are protected from the company’s debts and legal obligations. As a separate legal entity, it has perpetual succession, meaning its existence is independent of its owners, offering stability and easier transfer of ownership. A Pvt Ltd Co can raise capital more easily through equity funding from private investors, and it enjoys a more professional and credible image. It requires a minimum of two directors and two shareholders, and adherence to compliances under the Companies Act, 2013.