Now you can easily form a Producer Company with about ten producers and incorporate the company as a producer company.
Producer Company is registered under the Companies Act, 2013. The aim is to produce, harvest, procure, market, sell and export primary produce of the members or import goods or services for their benefit. A Producer Company mainly deals with agriculture and post-harvest activities. The main purpose of a producer company is to empower the farmers.
A Producer Company mainly deals with agricultural and post-harvest activities. To form a producer company there must be at least 10 or more producers, at least 2 producer institutions or a mix of 10 or more producers and producer institutions. A producer company can have equity capital, at least 5 directors and a capital of Rs. 5 lakhs. The formation of a producer company follows the same procedure as the making of a private limited company.
They are involved in the production, procurement, and the making of primary produce for the members and for others.
They are involved in the marketing or promoting of primary produce, provides educational services to members and others.
They offer technical assistance to producers, provide training and educational services or carry out research and development can register as a producer company.
This include activities like production, marketing or development, and are registered as a producer company.
They provide infrastructure to producers, could be in forms of electricity, water, irrigation techniques, land usage, or consultation on the same and can register as producer company.
We can assist you to register a Producer Company in a duration of 20 to 30 days, subject to ROC processing time.
In our effort to provide services, we have a dedicated team of experts. With our service, we can assist you in starting your own Producer company, in a hassle-free manner
Book a free, one hour consultation for us to answer all of your questions!
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