Producer Company Registration
In India, a Producer Company is a group of agriculturalists or farmers for the betterment of their living standards.
A Producer Company is an officially established group of farmers or agriculturists to enhance their quality of life, financial support, and income.
A producer company is a hybrid between a private limited company and a cooperative society. We help to Incorporate the Producer Company in India without any hassle.
Fastest Producer Company Registration in India
In India, a Producer Company is a recognized group of farmers working together to enhance their living standards and ensure better support, income, and profitability.
A Producer Company can be formed by 10 individuals (or more) or 2 institutions (or more) or by a combination of both (10 individuals and 2 institutions) having their business objective as one of the following:
- Procurement
- Production
- Harvesting
- Grading
- Pooling
- Handling
- Marketing
- Selling
- Export Of the primary produce of the Members or import of goods or services for their benefit
MINIMUM REQUIREMENT
- Minimum 5 Directors
- Minimum 10 Shareholders (Including Directors)
(Directors & shareholders can be the same person)
Activities Performed by a Producer Company in India
Following is the list of activities performed by a Producer Company in India:
- Provide education to the mutual support principle to its members & others
- Activities for the promotion of the interest of their members
- Insurance of producers/their primary produce
- Sale, supply, or manufacture of equipment, machinery, or consumables mainly to their members
- Processing includes distilling, canning, preserving, brewing, packaging, drying & venting its members’ producer
- Provide technical services, training, R&D, consultancy services & all other activities to promote its members’ interests Promoting unique techniques of mutual & mutuality support
- Financing of procurement, marketing, processing or other activities which comprise extending of the credit facilities or any other financial services to their members
- Welfare measures/facilities for the members’ benefits as decided by the Board
- Any other activity, similar to any of the actions which promote or encourage the principles of mutual support among the members in any different manner.
What will you get?
Name Reservation
DIN of Directors
Digital Sign of Directors & shareholders
Incorporation Certificate
Memorandum of Association
Articles of Association
PAN / TAN
EPF Registration
ESIC Registration
Documents for Farmer Produce Company Registration
- Photo - Directors / Shareholders
- PAN Card Directors / Shareholders
- Identity Proof - Directors / Shareholders
- Address Proof - Directors / Shareholders
- 07/12 - Directors / Shareholders
- Contact Details of Directors / Shareholders
- Producer Certificate
- Business Proof
- NOC of Owner of Business Proof
Advantage Of Registering Farmer Produce Company
Separate Legal Entity
It’s a separate legal entity which means it can acquire assets & incur debts in its own name and the Directors of the Company have no obligation to the lender of the Company.
100% Income Tax Exemption
In India, the Producer Company is exempted from paying Income Tax.
Loan Facility to Members
Producer Company can extend the financial & credit facility to its members.
More Credibility
This is offered to the registered companies as compared to the non-registered ones.
Ease in Management
The applicant can make desired alterations in the Board of Management by filing some simple form with regards to the ROC.
Why us?
Fastest Service
Affordable Rate
One Stop Solution
