Private Limited Company provides limited liability and certain legal protection and restriction to its shareholders. It  is the most popular type of legal corporate entity in India. A Private Limited Company is a type of business that is owned and operated by a small group of people. Private stakeholders are in charge of such entities. A Pvt. Ltd. company’s liability arrangement is less severe than that of an LLP or a sole proprietorship, which puts firm assets at risk in the event of a financial crisis. This is a separate legal entity that will exist in perpetuity. This means that the corporation will continue to exist in the eyes of the law even if all of the members die or the company becomes insolvent or bankrupt. Unless terminated by resolution, the company’s life will be eternal, unaffected by the lives of its shareholders or members. To incorporate a private limited company, a minimum of two shareholders and two directors are required. A natural person can act as both a director and shareholder, while a legal corporate entity can only be a shareholder. We at Yourtax, offer expertise in incorporation of Private Limited Company contact for fastest service at reasonable fees.