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Producer Company Registration

Uplift Your Agriculture Business With Producer Company Registration & Enjoy Lesser Goverment Intervention

Producer Company Registration in India

A producer Company is a special business model which indicates only the category of persons who are known as Primary Producers and can become shareholders in the Producer Company. Primary Producers are the persons who are engaged in the following kind of work and they are as follows:-
  • Animal Husbandry- means breeding and caring for animals on the farm.
  • Horticulture- It means Producing, Growing Plants, Fruits, or vegetables.
  • Floriculture- It means growing flowers.
  • Pisciculture- Fish Farming.
  • Viticulture- Producing Grapes.
  • Forestry- Preserving Forests.
  • Re-Vegetation- Rebuilding or replanting disturbed land.
  • Bee-Raising- Keep bees to collect honey.
Producer Company can also involve Handloom and Handicraft etc business, and it has least Government intervention and can also access to Financial institution for raising money for day to day expenses requirement.
A producer Company can be characterized as a lawfully perceived collection of ranchers/agriculturists with the intention to work on the norm of their living and guarantee a decent status of their accessible help, wages, and productivity. Under the Companies Act 1956, a Producer Company can be framed by 10 people (or more) or 2 foundations (or more) or by a blend of both (10 people and 2 establishments)
Suppose you want to go for “Producer company registration in India”. In that case, you can completely trust Biat consultants because we will assist you with all the technicalities which are related to the Producer company registration process. Our team of professionals will provide you with all the relevant information associated with Producer company registration fees, process, name availability, registration certificate, etc.

Process of Producer Company Registration In India:

The most common way of enrolling a Producer Company is like that of a Private Limited Company. Digital Signature (DSC) and Director Identification Number (DIN) should be acquired first for the proposed first Directors of the organization. Once, Digital Signature (DSC) and Director Identification Number (DIN) are gotten, an application for name reservation is to be documented with the important Registrar of Companies (ROC).
There is a prerequisite under the Act that the name of a Producer Company should end with the words "Producer Limited Company". Once, the proposed name is endorsed by the Registrar of Companies (ROC), an application for fuse is to be recorded in the recommended design for the joining of the Producer Company. When the Registrar is happy with the application and the expected records petitioned for joining of Producer Company, he will support something similar and issue a Certificate of Incorporation

Benefits of Producer Company Registration

Some Benefits of Producer Company registration in India are

  • Farmer Producer Company Accepts Deposit in the form of fixed and recurring
  • Farmer Producer Company provides Loan Against Security
  • In Farmer Producer Company profits are allocated to the members
  • In Farmer Producer Company there are no taxes imposed on Agricultural Income
  • In Farmer Producer Company there is a loan facility for members.

Benefits of Producer Company Registration

Some Benefits of Producer Company registration in India are

  • Farmer Producer Company Accepts Deposit in the form of fixed and recurring
  • Farmer Producer Company provides Loan Against Security
  • In Farmer Producer Company profits are allocated to the members
  • In Farmer Producer Company there are no taxes imposed on Agricultural Income
  • In Farmer Producer Company there is a loan facility for members.

Benefits of Choosing BiatConsultants for Producer Company Registration:

Some Benefits of Choosing BiatConsultants for Producer Company registration in India are

  • Team of Experts CA and CS for smooth processing
  • Multiple Happy Customers from all over India
  • Dedicated Customer Support for all your Queries
  • Smooth Online process without traveling anywhere
  • Year of Experience and still counting.

Registration Process

Brief description of how to get your Producer company registered

1. Contact BIATConsultant

Contact the professionals in India - BIATConsultant for your registraiton of Producer Company in India .

2. Documentaiton Preparation

Firstly we receive documents and apply for DIN and DSC within 1 to 4 days.

3.Drafting

Then drafting of MOA and AOA is done electronically with Spice MOA and spice AOA within 5 to 8 days.

4.Submission

Then submission of Spice Form along with link form Spice MOA and Spice AOA within 9 to 14 days.

5. Get Your Company Registration certificate(COI)

Then Certificate of Incorporation(COI), PAN and TAN is provided to the customer either through e-mail or Courier within 15 to 20 days.

FAQ

Common List Of Questioner That Our Customers Ask From Us -Solved!
What Are Document Required For Producer Company Registration In India?
Following are the Documents which are required :-

1)For Directors/ Shareholders
-Copy of PAN Card
-Identity Proof
-Address Proof
-Passport Size Photo

2)For Registered Office
-Ownership Proof
-NOC
What Are Other Legal Requeirement And Capital Required?
Producer Companies are Private Limited Companies.It can have more than 50 members.Producer Company must have at least 5 Directors but not more than 15 Directors.The Minimum paid up capital in producer company must be Rs. 5 Lac.
Is Producer Company same as Co-operative or a society?
No Producer Company is not a Co-operative society, A Producer Company as visualized should enable Govt. banks and Financial institution (NABARD) to deliver for its programme, Funds etc meant for farmers.
Can Producer Company helps in exports of Agricultural Produce?
Yes it can certainly help.
What is a Farmer Producer Company or Producer Company?
A producer Company or Farmer Producer Company can be characterized as a lawfully perceived collection of ranchers/agriculturists with the intention to work on the norm of their living and guarantee a decent status of their accessible help, wages, and productivity. Under the Companies Act 1956, a Producer Company can be framed by 10 people (or more) or 2 foundations (or more) or by a blend of both (10 people and 2 establishments).
How many people are required for Producer Company registration in India?
A minimum of 10 people are required for Producer Company Registration.
Is it Compulsory to have 5 directors in the Farmer Producer Company?
Yes, it is compulsory to have a minimum of 5 directors for producer company registration.
Is there any Minimum capital requirement for Producer Company registration In India?
No there is No minimum capital requirement for Producer Company Registration
What all does a Producer Company Registration Package Consist of?
  • DIN for all Directors
  • Digital Signature for all Directors
  • Name Search and Approval
  • MOA/AOA
  • Company Pan Card

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