Forming a private limited company in India is a formal process under the Companies Act, 2013, regulated by the Ministry of Corporate Affairs (MCA). With the launch of the SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) online form, things have become much easier, rolling out various services into one portal. A private limited company (Pvt Ltd ) is a type of privately held business entity, owned and operated by private stakeholders. In this structure, shareholders’ liability is limited to the amount of their shareholding, making it a popular choice among entrepreneurs who want to limit personal risk while growing their business. What's it: A private limited company is a company whose shares are not listed on a stock exchange, have limited liability, and have a separate legal Learn everything about Private Limited Company (Pvt Ltd ) in India, from registration process to benefits, with our guide.