Producer Company 

1. What is a Producer Company?
A Producer Company is a legally recognized corporate entity established by a group of farmers, agricultural producers, or related individuals to collectively improve production, marketing, and income. It operates under the Companies Act, 2013.

2. Key Features of a Producer Company:

• Member-Based: Only farmers, agricultural producers, or producers of related goods/services can become members.
• Limited Liability: Liability of members is limited to the amount unpaid on their shares.
• Separate Legal Entity: The company has a distinct identity from its members.
• Profit Distribution: Profits can be distributed among members as dividends or used for company development.

3. Services Offered:

• Assistance in drafting the Memorandum of Association (MOA) and Articles of Association (AOA).
• Filing incorporation documents with the Registrar of Companies (ROC).
• Guidance on meeting the requirements for minimum members (10 individuals or 2 institutions).
• Assistance with obtaining PAN, TAN, and GST registration.
• Support for post-incorporation compliance, including audits and filings.

4. Benefits of a Producer Company in India:

• Facilitates collective decision-making and resource pooling.
• Enhances bargaining power in the market.
• Provides financial aid and benefits to member producers.
• Improves access to technology, training, and inputs.

5. Documents Required for Producer Company Registration:

• PAN cards and identity proofs (Aadhar, passport, voter ID) of members and directors.
• Address proofs (bank statement, utility bill) of members and directors.
• Proof of registered office address (rent agreement, electricity bill, etc.).
• Passport-sized photographs of directors.
• Declaration by directors and members regarding their involvement in production activities.

6. Process to Register a Producer Company in India:

1. DSC and DIN: Obtain Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for directors.
2. Name Reservation: Reserve a unique name for the company through the SPICe+ Form.
3. Document Preparation: Draft and file the MOA and AOA.
4. Registration: Submit the application along with required documents to the ROC.
5. Incorporation: Receive the Certificate of Incorporation and Corporate Identification Number (CIN).

7. Post-Incorporation Compliance:

• Maintain proper books of accounts and statutory registers.
• Conduct board and general meetings as required.
• File annual financial statements and returns with the ROC.
• Adhere to applicable tax, GST, and labor compliance.

Why Choose Us?
We offer end-to-end support for Producer Company registration and compliance, ensuring a seamless setup process to help you focus on empowering producers and achieving sustainable growth.