Private Limited Company is the most popular and successful business type in India. The company owner can hold all the share of Company privately. Minimum of 2 Directors are required to register a private limited company. The key features of Private Limited Company is that the limited liabilities of its shareholders or directors. Private limited Company is the ideal way to starting and startup structure with higher expansion. Advantages of a Private Limited Company. Shares of a Company can be easily transferable. Banks prefer to render a large financial assistance to a Business or Company. A Company is a legal entity. There is no personal liabilities of shareholders. At the same time a Person can be a shareholder, director, creditor and employee of the Company.