Private Limited Company

A private limited company is a business that has a specific type of status. Depending on the jurisdiction the business is established, its formation and structure will vary slightly. DeltaQuest have years of experience in the development and formation of companies. A private limited company is advantageous for a number of reasons, as noted below.

If you would like to learn more about the benefits of forming a private limited company, please contact DeltaQuest using our Online Contact Form.

We can help you with all of your queries in relation to limited company formation, and can assist you with forming your private limited company at every stage.

Form a Private Limited Company with DeltaQuest

To form a private limited company with DeltaQuest you will need to submit the required documentation and fees. From here, DeltaQuest will assist with the formation, along with the necessary administrative procedures.

Depending on the jurisdiction in which you wish to register in, the availability of business entities and suffixes may vary. See our Jurisdictions to Form a Company section for further details as to where a private limited company is available.

If you are ready to proceed and register a private limited company, or any form of offshore company for that matter, complete our Application Form.

Characteristics of a Private Limited Company

Most private limited companies are owned by their shareholders and are limited by either shares or by guarantee. Private limited companies are traditionally much smaller in size and cannot trade their shares on the stock market. This means that the business cannot promote itself in this way. Private limited companies are able to operate with one director.

If a private company is limited by shares, this means that the liability of each member is limited to the amount unpaid on shares held by them.

If the company is limited by guarantee, this means that the business does not have any shares, and therefore the members of the business are actually guarantors, rather than shareholders. Therefore, their liability is limited to the amount that they have agreed to contribute to the company’s assets (if the company were to close, for example).

The limited company structure is used by companies who want to limit the personal liability of their directors and shareholders. The main restrictions of a private entity are that shareholders are unable to sell or transfer their shares without offering them first to the existing shareholders for purchase. In addition, the number of shareholders of a private limited company cannot exceed a fixed figure, limiting the number of shareholders.

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