PRODUCER COMPANY

Producer Company is a company registered under the Companies Act, 2013, which has the objective 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. 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.

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ADVANTAGES

Producer Company

1. The Board of Management of a producer company can be easily changed by filing simple forms with the Registrar of Companies.

2. A producer company being a juristic person, can acquire, own, enjoy and alienate, property in its own name.

3. A producer company, being a separate legal person, is unaffected by the death or other departure of any member but continues to be in existence irrespective of the changes in membership.

4. A producer company enjoys better credibility when compared to unregistered producer organizations.

 

PROCEDURE FOR REGISTRATION

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Obtaining DSC & DIN

Digital Signature Certificate(DSC) and Director Identification Number(DIN) is required for the proposed Directors of the Producer Company.

Name Approval & License

Once DIN and DSC are available for atleast five Directors, application for reservation of name for producer company can be made to MCA. Name approval can be obtained in 3 to 5 working days.

Producer Company Registration

Once the name approval is obtained, registration documents can be submitted to the MCA along with an application for registration.

 

DOCUMENTS REQUIRED

1. Passport Size Photograph

2. Identity Proof (ID Card)

3. Address Proof - Aadhar Card/ Bank Statement/ Electricity Bill/ Water Bill/ Telephone Bill

4. Stamp Paper of Rs. 5000/-

5. Office Address (Rent agreement with rent receipts or NOC building  tax receipts.and

 

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