A private limited company is a privately held firm for small businesses.Private limited firms limit liability, privately held, no public share trading.
Limited Liability
Shareholders' assets are safeguarded in the event of a company's liquidation.
Tax Efficient
Private Limited Companies are tax-efficient as they can claim corporation tax relief on profits.
Separate Legal Entity
A Pvt. is a distinct legal entity from its shareholders and directors, allowing it to enter into contracts.
Easier to Raise Capital
Private Limited Companies attract investors with limited liability, facilitating capital raising.