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Producer Company

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Producer company registration including Incorporation kit and share certificates.

About this item

  • Company Registration
  • Share certificates
  • Current Account opening
  • GST Registration
  • 10 Digital Signatures
  • 1 RUN Name Approval

Terms and conditions

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Description

Farmer Producer Company Registration in India

What is a Producer Company?

A Producer is any person engaged in any close-knit or related activity to the primary producers. A Producer Company is thus an umbrella term that includes all of the following.

Producing, harvesting, procurement, grading, pooling, handling, marketing, selling, exporting the primary producers of the members, or the imports of goods or services.

Producer Company Aims at

The producer company primarily deals with the production of its active members. It is allowed to carry on any of the following activities by itself or through other entities on behalf of the members.

  • Processing includes preserving, drying, distilling, brewing, vinting, canning, and packaging its members’ produce.
  • Manufacture, sale, or supply of machinery, equipment, or consumables mainly to its members
  • Provide education to the mutual assistance principle to its members and others
  • Render technical services, consultancy services, training, research and development, and all other activities to promote its members’ interests.
  • Activities for the promotion of the interest of its members
  • Generating, transmitting, and distributing power, revitalizing land and water resources, using conservation and communication, are relatable to primary produce.
  • Insurance of producers or their primary produce
  • Promoting techniques of mutuality and mutual assistance
  • Welfare measures or facilities for the benefit of members as decided by the board
  • Any other activity, ancillary or identical to any of the actions which promote the principles of mutual assistance among the members in any different manner
  • Financing of procurement, processing, marketing, or other activities which include extending of the credit facilities or any other financial services to its members.

Features and Advantages of Various Business Entities

FeaturesProprietorshipPartnershipLLPCompany
DefinitionUnregistered type of business entity managed by one single personA formal agreement between two or more parties to manage and operate a businessA Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company.Registered type of entity with limited liability to the owners and shareholders
Ownership
  • Sole Ownership
  • Min 2 Partners
  • Max 50 Partners
  • Designated Partners
  • Min 2 Directors
  • Min 2 Shareholders
  • Max 15 Directors
  • Max 200 Shareholders

For One Person Company
  • 1 Director
  • 1 Nominee Director
Registration Time7-9 working days
Promoter LiabilityUnlimited LiabilityLimited Liability
Documentation
  • MSME
  • GST Registration
  • Partnership Deed
  • LLP Deed
  • Incorporation Certificate
  • MOA
  • AOA
  • Incorporation Certificate
GovernanceUnder Partnership ActUnder Companies Act 2013
TransferabilityNon TransferableTransferable if registered under ROFTransferable
Compliance Requirements
  • Income tax filing if turnover is more than Rs.2.5 lakhs
  • ITR 5
  • Form 11
  • Form 8
  • ITR 5
  • ITR 6
  • MCA filing
  • Auditor’sappointment
Know More
 

Documents Required For Producer Company

  • PAN Card
    All Director and Shareholders
  • Electricity Bill
    Latest
  • Aadhaar Card
    All Director and Shareholders
  • Bank Statement
    All Director and Shareholders
  • Farmer Certificate
    All Director and Shareholders
  • Registered Office Address Proof
    Telephone Bill
    Latest
  • Gas Bill
    Latest

Additional information

Price

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