Producer Company Registration

Producer Company Incorporation in India

Seeking assistance for producer company incorporation in India? My Biz Development provides complete assistance to get producer company registration online without any hassle. Register your producer company today with price starting from Rs. 19999/- only/

A producer company is an established group of agriculturists to enrich their quality of life and provide them financial assistance

We at My Biz Development simplify the process of company formation for our clients.

Contact My Biz Development team today and take your agriculture venture to the next level

Advantages of a producer company

Limited liability for members

Members of an FPO are not personally liable for debts and liabilities of an organisation.

Government subsidies and grants

Producer companies are eligible for various government subsidies and grants that help them grow their business.

100% income tax exemption:

It gets 100% tax exemption under income tax act

Easy credit facility

Producer companies are usually considered more creditworthy by banks and other financial institutions. It also helps them to avail better interest rates

Better access to markets

Producer companies can help farmers reach new markets and fetch better prices for their offerings.

Eligibility conditions

  • For producer company registration, it is necessary to have minimum of 10 individual producers or 2 producer institutions
  • A minimum of five directors must be appointed at time of incorporation
  • It also requires minimum authorized capital of rs.₹5 lakh.
  • The company’s share capital must be composed of equity shares only
  • The board should appoint a full time CEO
  • The proposed company should have a unique name ending “Producer Limited Company.”
  • It is required to have a registered office located in India. The company should conduct at least four board meetings in a year. Such meetings should not be held less than once every three months

Documents Required for Producer Company Registration in India

  • Identity proof of all directors
  • Aadhaar card,
  • Voter ID, Passport
  • Driving license
  • Photograph
  • Passport-size photographs
  • Residence proof
  • NOC or property paper depending upon type of property
  • Director’s address proof
  • Utility bills (electricity, water, etc.)
  • Rent agreement or property documents
  • Any government-issued document with the address
  • Resolution for Incorporation
  • Memorandum of Association (MoA)
  • Articles of Association (AoA)
  • List of Members
  • Bank Account Statement (if available)
  • Affidavit from all directors
  • Digital signatures of directors 

Registration process

  1. . Get a Digital Signature Certificate (DSC).

Every proposed director of a producer company in India must obtain digital signature certificates. The list of documents needed to acquire it as follows

  • PAN Card of the Director
  • Aadhaar Card, a Director
  • Recent Photograph
  • Email ID
  • Contact Number

    2. Get a Director Identification Number (DIN).

    Obtain DIN each proposed direct by applying through SPICe eform at the time of incorporation.

    identity proof

    Address proof

    Recent photograph

    1. Name reservation

    Choose a unique name for the company.

    2. Prepare the MOA and AOA..

    3. Documents to Form SPICe+.

    4. Receive the certificate of incorporation.

     5. File an application

    Submit the Spice+ Part B form and all required documents to the Registrar of Companies (ROC

    6. Obtain a Certificate of Incorporation

    If the Registrar of Companies (ROC) approves your application, you will receive a Certificate of Incorporation for your proposed company. 

    My Biz Development provides complete legal assistance for producer company registration online. Our team of experts includes highly qualified CA, CS, Lawyers and business administrators. Call us today for all types of business registration requirements. We are just a phone call away.