Business Startup

Producer Company

Rs.45899

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Producer company registration with 10 DSC, 10 DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit and LEDGERS accounting software. Inclusive of government fee and GST.
Producer company registration with 10 DSC, 10 DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit and LEDGERS accounting software. Inclusive of government fee and GST.
Producer company registration with 10 DSC, 10 DIN, name approval, incorporation fee, PAN, TAN, share certificates, company kit and LEDGERS accounting software. Inclusive of government fee and GST.

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Producer Company Registration In Kollam

The process of registering a Producer Company in Kollam and a Private Limited Company is very similar. The whole process can be completed online within 7-10 days.

  1. The first step is to obtain the Digital Signature Certificate and the Director Identification Number for the proposed directors of the Producer company.
  2. An application for reserving the name can be filed with the Registrar of Companies (ROC) after the Digital Signature Certificate and the Director Identification Number. The name has to end with the Producer Limited Company.
  3. After the ROC's approval is obtained an application is filed in the prescribed format for incorporating the Producer Company in Kollam.
  4. The incorporation certificate is issued if the registrar is satisfied with the application for incorporating the producer company.

The functioning of the producer company is similar to the Private Limited Company but unlike the private limited companies, there is no limit on the number of members.

Types of producer companies in Kollam.

There are different types of producer companies in Kollam based on the operations which are mentioned below:

Production Businesses

Production, procurement manufacture the members and the others primary producer is the producer companies primary function.

Marketing Businesses

A business that is involved in the marketing or promoting the primary produce or the provision of the education service to the members and others can also constitute itself as a Producer Company.

Technical Service

A business that is offering technical assistance to the producer that provides the training and educational services or conducting research and development can register a Producer Company in Kollam.

Finance Business

A business financing producing the activities then be it production or marketing or even development then it can be registered as a Producer Company in Kollam

Infrastructure business

The business involved in providing the infrastructure to the producers, whether in the form of electricity, water resources, irrigation techniques, or consultation regarding the same, may also constitute a Producer Company.

Features of a Producer Company

Limited Liability

The members of a Producer Company have unlimited liability as the Company is registered as an entity. In case of liabilities, the invested amount would be lost and the property of the Director would be safe.

Better management

Rather than a single farmer managing the entire business, the producer companies work is divided among the directors. This entity is governed by the Management board which has a tenure of 5 years. A producer company has a separate legal existence which means that is not affected by the death of any member.

FAQ's

Yes, a registered office is required to obtain Producer company registration in Kollam as all the communication from the MCA will be held at the registered office.
Any person who is above 18 and is involved in farming activities can be a director in a producer company.
Yes, DIN is the director identification number that is given to the existing and proposed directors.