A private limited company is the most successful business type in India. The business owners hold all shares of the company privately. Shareholders may operate the business themselves or engage directors to manage the company on their behalf. Forming a private limited company results in protection of personal assets, access to more resources, financial assistance and greater tax cuts. Private limited company registration usually takes 15-20 days.
 
A private limited company is a blend of corporate form of business structure and partnership. The most attractive feature of a private limited company is the limited liability of its members. It has the flexibility of a partnership firm and the advantages of a company such as greater stability, better creditworthiness and separate legal entity. Private limited companies are an ideal way of starting and structuring startups with a higher scope of expansion as compared to partnerships as it is easy to raise capital from financial institutions due to its higher stability and reliability. A company gives your business a corporate identity, trust advantage, better financing capacity, and confidence which other corporate can counts on. It also gives limited liability and an opportunity to raise fund from the public.