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Easily Start a Producer Company

Complete solution for starting a Producer Company with a minimum of ten producers, including incorporation of company as producer company. IndiaFilings offers Producer company incorporation from Rs.69899/-

Register a Producer Company

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Producer Company Registration

Producer Company is a company registered under the Companies Act, 2013, which has the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit. Produce are things that have been produced or grown, especially by farming. Therefore, a Producer Company deals primarily with agriculture and post harvest processing activities.

Over 85% of the Farmers in India are small and marginal farmers with land holdings of less than 2 hectares. This fragmentation in farmers and farm lands, leads to disorganization and it is not viable for Indian farmers to adopt the latest technologies. By organization of these farmers into producer companies, economies of scale can be unlocked and the livelihood of farmers can be improved. Thus the concept of producer company is aimed at empowering farmers by creating clusters of farmers organized as a Producer Company.

Advantages of Producer Company Registration

Separate Legal Entity

A producer company is a legal entity and a juristic person established under the Act. Therefore, a producer company has wide legal capacity and can own property and also incur debts. The members (Directors) of a producer company have no liability to the creditors of a producer company.

Uninterrupted Existance

A producer company has 'perpetual succession', that is continued or uninterrupted existence until it is legally dissolved. A producer company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership.

Better Credibility

A producer company enjoys better credibility when compared to unregistered producer organizations. Producer companies are registered and monitored by the Central Government. Producer Organization are on the other hand governed and monitored by State Governments.

Easy Management

The Board of Management of a producer company can be easily changed by filing simple forms with the Registrar of Companies. The Board of Management of a producer company controls the activities of the producer company.

Owning Property

A producer company being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No member can make any claim upon the property of the producer company as long as it is a going concern.

Limited Liability

Limited Liability means the status of being legally responsible only to a limited amount for liabilities of the producer company. In a Producer Company, the members are not held personally responsible for the liabilities of the Producer company.

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Corporate Entity Registration

Proprietorship Registration

Trademark Registration

VAT or TIN Registration

Service Tax Registration

MSME or SSI Registration

Import Export Registration

Bank Loan and Funding

Simple & Transparent Pricing

Basic

Rs.69899/-
all inclusive fees
Checkout

    Producer company registration with 10 DSC, 10 DIN, name approval, incorporation fee, PAN, TAN, share certificates and company kit.

Standard

Rs.73899/-
all inclusive fees
Checkout

    Producer company registration with 10 DSC, 10 DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit and one year TDS filing.

Premium

Rs.79899/-
all inclusive fees
Checkout

    Producer company registration with 10 DSC, 10 DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit, one year TDS filing and trademark registration.

Producer Company Registration Process

Producer Company Registration

IndiaFilings.com can register a Producer Company in 20 to 30 days, subject to ROC processing time.





Obtaining DSC & DIN

Digital Signature Certificate(DSC) and Director Identification Number(DIN) is required for the proposed Directors of the Producer Company. DIN and DSC can be obtained for the proposed Directors within 5 to 7 days.



Name Approval & License

Once DIN and DSC are available for atleast five Directors, application for reservation of name for producer company can be made to MCA. Name approval can be obtained in 3 to 5 working days.



Producer Company Registration

Once the name approval is obtained, registration documents can be submitted to the MCA along with an application for registration. MCA will usually approve the application for incorporation in 5 to 7 days, subject to their processing time.


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