What is Private Limited Company?
A Private Limited Company (Pvt Ltd) is the most preferred business structure for startups and growing businesses in India. It provides limited liability protection to shareholders, meaning personal assets are protected from business debts.
Unlike sole proprietorship or partnership, a Private Limited Company is a separate legal entity that can own property, incur debts, and sue or be sued in its own name. This structure is ideal for businesses planning to raise funding from investors or scale operations.