A private limited company is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 200, and restricts shareholders from publicly trading shares. The benefits of the Private Limited Company i.e. Limited Liability, Easy to get funding, Easy ownership Transferability, Improve Business Credibility, Grab the International business, Opportunity, Limit the Risk to Personal Assets, An Easy Exit Plan, Separate legal entity, Perpetual Succession and Eligible for Government Start-up Scheme.