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Producer Company, Producer Company Registration
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Producer Company Registration

Producer Company Registration

A producer company is a legal entity registered under Company Act,2013. Produce includes the products yield through farming. A Producer company can follow the objectives of the business under production, harvesting, procurement, grading, pooling, handling, marketing, selling, and export of primary produce of the Members or import of goods or services for their benefit.

The Producer company is a separate legal Entity which can be formed by ten or more individuals or two or more institutions dealing with agricultural production or post-harvesting processes. The main advantage of a producer company is it enjoys a separate legal entity and offers a limited liability and perpetuity. It also offers greater creditability than an unregistered organization of farmers. The Producer company also if fully entitled to accept deposits from or give loans to its agricultural members.

Arama can register a producer company within 30 days, depending upon the ROC processing.

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  • Starting At
  • Rs 18500 all inclusive fees
  • Producer company registration with 2 DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates and company kit which include 5 copies of MOA. Inclusive of government fee and GST.

Information needed ?

Loans and Investments

The Producer Company consist of individuals who are primary producers, and thus, are in need of financial support from time to time. Hence, a special provision under the companies acts 1956 was passed for giving loans to producer members. A Producer Company can provide financial assistance to its members through:-

  • Credit facility: This facility is available to any member for a period not
    exceeding six months (such facility must be in connection with the business
    of the Company).
  • Loans and advances: These are provided to the producer member against
    security, repayable within a period not exceeding seven years from the date
    of disbursement of such loans or advances.
  • NABARD Loan: NABARD provides support and financial assistance to
    meet the needs of Producer Companies. In 2011, NABARD set up a Rs. 50
    crore Producer Organisation Development Fund (PODF), out of its operating
    surplus.

What is Farmer Producer Company?

A Farmer Producer Company is a hybrid between cooperative societies and private limited companies. The objective of the concept of FPC is to organize farmers into a collective to improve their bargaining strength in the market.

Documents

Documents required for Formation of Producer Company

2 Photos of each Director

Identity Proof any one of following each Director

  • Voter ID
  • Passport
  • Driving Licence
  • Aadhaar Card

Proposed Company Name

Office Address Proof

Authorized Capital

PAN copy of each Director

Address Proof any one of following each Director

  • Telephone Bill
  • Phone Bill
  • Bank Statement
  • EB Card

Rental Agreement or Sales Deed or Lease Deed

Share holder percentage

Paid-up Capital

What We Do ?

Arama is one of the leading Tax consultants in South India which offers a reliable service by experienced experts at a short time of period in a reasonable price Arama is leading in Private limited registration, one-person company registration Nidhi, Section 8 company registration, producer company and Indian subsidiary registrations. Our Advisors are always available in chatbots to answer your Queries. We offer Free consultations.

  • Form Drafting

    We will prepare your producer company registration form

  • Obtain DSC & DIN

    DSC and DIN for all directors are required for the documentation of the producer company

  • Name Approval

    We make company name approval from the respective authority with the recommended document

  • Filing MOA & AOA

    We will be filing MOA and AOA for the directors of company

  • Company Certification

    Once the registration completed you will get certificate and CIN number

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