Producer Company Registration

Those involved in agricultural activities for farming and agriculture can register Producer Company.

The Companies Act defines Producer as any person engaged in any activity connected with or relatable to any primary produce. A Producer Company is thus a body corporate having objectives of production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit.

In a Producer Company, you can appoint agriculturist members and accept deposits in the form of RD/FD and provide them maturity as well as distribute loans to your farmer members and charge interest from them.

Process of Producer Company Registration:

To register a Producer Company in India, any of the following combination of members is necessary:

1. Two or more producer institutions
2. Ten or more individuals, each of them being a producer
3. A combination of ten or more individuals and producer institutions

We offer end to end solution for setting up your company. The process for incorporation of a Producer Company can be divided into four steps as under:

1. Applying For Digital Signature
2. Apply for RUN (Reserve Unique Name)
3. Incorporation Filing
4. Commencement of Business

MYDBIZ is the market leader in Producer Company Registration services in India. Before we get started with the engagement, all the required information and documents are collected. An engagement manager would be assigned who will also advice you on the type of registrations to be obtained. The average time required to complete a Producer Company Registration is 12-15 working days depending on the government processing time and client document submission. Once the necessary registrations are obtained, an application is also submitted to the bank for current account opening.

For more information, feel free to contact us at info@mydbiz.com or call us at +91 9632 993 993.