CA Desk

Producer Company Registration

In India people are dependent directly or indirectly upon agricultural field. But still being the largest country indulged in agricultural fields, farmers in India are still lacking in technologies and are fully un-organised. Due to failure of crops, because of lack of technologies and facilities many of the farmers opt for suicide. Looking back to this problem Indian government has placed an expert committee to solve all the problems of the farmers. A producer company in India is a company registered under the Companies Act with mutual objectives of agriculture production, procurement, post-harvesting processing activities, import goods, selling and distribution, export of primary production of the members to earn more benefits. A producer company is a committee of 10 or more people and 2 institutions with a joint objective of dealing with agricultural and post-harvesting processing activities. In simple words, it is a cluster of farmers who joint hands for better living and to improve their income.

    How To Register A Producer Company

    CADesk India assists you in Producer Company Registration at every stage until the MCA issues you a certificate of incorporation.

    Name Reservation

    We help you with your company’s name reservation. We ensure the name should have the words ‘PRODUCER COMPANY’ at the end.

    DSCs & DIN

    We help you get 5 DSCs and
    1 DIN.

    Drafting & Filing

    We draft and file the documents
    required for your company
    registration (MoA, AoA,
    PAN & TAN).

    Name Reservation

    We help you with your company’s name reservation. We ensure the name should have the words ‘PRODUCER COMPANY’ at the end.

    DSCs & DIN

    We help you get 5 DSCs and
    1 DIN.

    Drafting & Filing

    We draft and file the documents
    required for your company
    registration (MoA, AoA,
    PAN & TAN).

    Requirements to form a Producer
    Company

    Directors & Members

    Minimum number of 5 directors and 10 members should be there.

    Paid-up Capital

    Minimum paid-up capital of Rs. 5 Lakhs is required to form the company.

    No Maximum Limit

    Company can have as many as members they want as there is no maximum limit of the members.

    Producer Company

    The Producer Company in India cannot be deemed as a public company.

    Shares

    The former company can have only equity share capital.

    Board Meetings

    There should be at-least four boards meeting every year and the meetings should not be held less than once every three months.

    Documents Required for a Producer
    Company

    Identity Proof

    PAN Card/ Passport/ Election ID Card of all the directors and shareholder

    Bank Statement

    Latest Bank Statement

    Identity Proof

    Voter's ID/Driver's License/passport of all the directors and shareholders

    Photographs

    Passport-sized photographs of all directors and shareholder

    Utility Bill

    Copy of any Utility bill as a residential proof

    Scanned Copies

    In case of r In case of owned Property, a copy of Property Papers. ented property a scan copy of Rent agreement along with NOC from the owner

    CA Desk is a team of highly professional CA, CS, Lawyers who driving towards the integration of technology with traditional practices to cater to the need of MSMEs in the fast-moving and cost-effective world.

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