Producer Company Registration

Advantages:

1) NABARD provides support and financial assistance.

2) Members will be entitled to get bonus shares.

3) The surplus may be given as patronage bonus* to the members.

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Question Section

Frequently Asked Questions

Producer Company is a company registered under the Companies Act, 2013, which has the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling and export of primary produce of the Members or import of goods or services for their benefit. Produce are things that have been produced or grown, especially by farming. Therefore, a Producer Company deals primarily with agriculture and post harvest processing activities.

Click on Get Quotation tab above and fill the details, you will receive required documents list & quotation in few seconds in your mailbox. No charges for requirement list and Quotation.

The following types of Business entities are available in India:
Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Partnership
Sole Proprietorship

Animal Husbandry: breeding or caring of animals in the farm
Horticulture: Producing, growing plants, fruits or vegetables
Floriculture: Growing Flowers
Pisciculture: Fish farming
Viticulture: Producing grapes
Forestry: Preserving forest
Re-vegetation: Rebuilding or replanting disturbed land
Bee raising: keep bees to collect honey

Minimum 5 Director
Minimum 10 Shareholder
DIN (Director Identification Number for all Director)
DSC (Digital Signature Certificate for all Directors)
Minimum Share Capital of Rs. 1,00,000/-
The Director and Shareholder must be the Farmer

Only farmer can be the member of Producer Company.

Producer companies can take the advantages of various central and state government schemes and obtain subsidies for projects.

The Memorandum of Association (MOA) states the main and ancillary objects of the proposed company.
The Articles of Association (AOA) contains the rules and procedures for the routine conduct of the proposed company.

Authorized capital is the maximum amount of share capital for which a company can issue shares. Authorized capital can be increased by company at any time with shareholders’ approval.

Paid up share capital of a company is the amount of money for which share were issued to the shareholder and for which payment was made by shareholder. Paid up capital will always be less than the authorized capital as the company can not issues shares above its authorize capital.

Well, it completely depends on what you want to do. If you are a single person doing business and are not going to raise any outside investment for at least 3 years then OPC suits you best. Or if you are planning to raise funds then go for Private Ltd registration. A LLP is typically preferred by Lawyers, Doctors, Designers and other professionals.

A company registration process is a legal process that usually takes 8-15 days for registration. However, a fixed time line can not be committed due to legalities involved in the due process.

No, the process is completely online these days and MCA does not issue a Printed copy. We can provide the printed copy.

On receipt of the certificate of incorporation a newly formed company can start the business operations.

PAN
TAN
Shop Act
VAT
Profession Tax
Service Tax
Provident Fund ESIC

Yes, you can register a company at your residential address as having a commercial space is not necessary to get a company in India.

Yes, a company’s address can be changed after acquiring a commercial space. The process of change of company address is very easy and it can be done within hours if the new address is within the same city.

Yes, legally a salaried person can become a director of a company. However, the terms and conditions mentioned in his/her employment agreement may have some clauses that might require an expert advice. We recommend you to speak to us before proceeding in order to make an informed and wise decision.

Yes, an existing company can be converted into any other form of business entity by complying the provisions of Companies Act, 2013.

No Hidden charges. Every details regarding charges are mentioned in the Quotation file sent to you.
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