Features of a private limited company?

Question

Can anyone tell me the main features of a private limited company (ltd) ?
Thanks in advance!

Answer 1

A pte ltd co. is another term for a corporation.

Corporations are a separate legal entities, having existence separate and distinct from their owners (i.e., stockholders). The articles of incorporation will generally specify a number of important features about the purpose of the corporate entity and how general governance of ongoing operations will be structured.

Pls click on the link to read about more features, advantages and disadvantages, etc of corporations.