A Private Limited Company is a popular business structure in India under the Companies Act, 2013. As per Section 2(68), it offers limited liability protection to its shareholders, ensuring their personal assets remain safe from the company’s debts and liabilities.
It is a preferred choice for entrepreneurs and investors due to its credibility, ability to raise capital, and relatively lower compliance requirements compared to public companies. This structure allows smooth ownership transfer, attracts investors, and makes your business appear more professional and trustworthy.
As of early 2025, India had over 2.8 million registered companies, with Haryana contributing 4–5% of new registrations. The state hosts 8,800+ DPIIT-recognized startups, nearly 45% led by women, and has produced 19 unicorns. Its proximity to Delhi-NCR and strong industrial base make it a prime startup hub.
Startups prefer the Private Limited Company structure for its limited liability, investor credibility, and eligibility for schemes. This combination makes Pvt Ltd the most trusted choice for Haryana entrepreneurs.