Private Limited Company

A Private Limited Company is, in a nutshell, a specific business structure with at least one director and shareholder onboard. This kind of company is considered its own legal entity. The main feature that makes it stand out is that each shareholder’s financial liability is directly pegged to the specific amount they initially pitched in, also known as their ‘paid-up capital’, when the company was established. This initial pot of capital isn’t fixed, rather, it can be added to whenever the company determines that it needs more money for day-to-day operations.