Limited Liability
One advantage of doing private limited company registration is that the monetary liability of shareholders is restricted to their shares. Therefore, if a non-public company was in monetary bother and had to shut, shareholders wouldn’t risk losing their personal assets. It needs to be noted that, per The Companies Act, 2013, perpetrating a fraud related to the private limited company would negate an owner’s limited liability protection.

Manifold Associations
Another advantage of a private limited company registration is that shareholders can transact with it in many ways viz. can be employed by the company, can be a supplier, can be a debtor.
Hence, unlike a proprietorship, a shareholder can be, inter alia, an owner as well as a creditor or a debtor.

Continued Existence
An added benefit of a private limited company is its continued existence, even after the owner dies or leaves the business. Private limited companies need to be incorporated with the ROC (Government). When a business incorporates, it converts into an independent legal entity, meaning it is able to sue or own assets separate from the owners of the company.
Therefore, deaths, insanity, insolvency of shareholders or directors do not affect the company’s existence.

Strategic Edge
In some businesses and industries, having a company can provide a more professional image.
If you are doing business with larger companies, you may find that they prefer to deal only with limited liability companies rather than sole traders or partnerships.

Funding for LTD Company
Obtaining funding can be real hard for a new business. However, since a company is a separate entity from its owners, it is relatively easier for a company to secure business investment than it is for other forms of businesses.

Automatic Name Protection
Once a company is registered with the ROC (Government), the company name is protected by law. No-one else can use the same name as that of the company, or anything deemed to be too similar.
As for other forms of business, it’s possible someone else could trade under the same name, and which can damage the business, and in some cases, result in having to go through the costly and time-consuming effort of changing the name of the business.

Benefits of the Professional Management
In a company, the management is in the hands of the directors who are technically supposed to be elected by the shareholders on the basis of their qualification and experience. Sometimes, in order to manage day-to-day activities, salaried professional managers are also appointed.
Thus, net-net it can be said that a company business offers relatively management which is professional and acts as a sigh of relief for the stakeholders. This, in turn, stimulates the stakeholders to do business with the organization. If two or more persons hold a share or shares jointly then they will be treated as a single member.