Producer Company Registration

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.

Producer Company Registration

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.

What are the types of Producer Companies?

Production Businesses

They are involved in the production, procurement, and the making of primary produce for the members and for others.

Marketing Businesses

They are involved in the marketing or promoting of primary produce, provides educational services to members and others.

Technical Service Businesses

They offer technical assistance to producers, provide training and educational services or carry out research and development can register as a producer company.

Financing Businesses

This include activities like production, marketing or development, and are registered as a producer company.

Infrastructure Businesses

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.

Documents needed to register a Producer Company

• To be submitted by Directors and Shareholders
• Scanned copy of PAN Card or Passport
• Scanned copy of voter's ID/Passport/driver's License
• Scanned copy of latest bank statement/telephone or mobile bill/electricity or gas bill
• Scanned passport-sized photograph
• Specimen signature (of directors only)

Documents needed for the registered office

• Scanned copy of recent bank statement/telephone or mobile bill/electricity or gas bill
• Scanned copy of the rental agreement (in English)
• Scanned copy of NOC from the property owner
• Also to say, is that the registered office not necessarily be a commercial space; it can be your home as well.

Advantages of a Producer Company

• Limited Liability
• Separate Legal Entity
• Uninterrupted Existence
• Economies of Scale
• Better Management

How Venture Support can help you with Producer Company registration?

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