Producer Company works as a legal commercial unit that can access the market available for raw materials grown by producers, particularly farmers. This type of business is formed with collaboration of people with similar objective who come together aiming to get adequate profit. If this is what you wish to start, you’ve our guaranteed and affordable Producer Company Registration Package. We do this job quickly giving you assured result. Go through its details and know how it works THE BEST.
Producer Company Registration in India – An Overview
When your business objective is laid to make a profit out of growing or producing materials of commercial value, basically through farming, choose to register as Producer Company to get all its legal provisions available under Companies Act, 2013. Once your Producer Company informed, your business structure should involve:
Group of farmers/agriculturists, including 10 or more producers (here, producer means, the person who produces or grows the output especially by farming), 2 or more producer institutions make a Producer Company. Alternately, a combination of 10 or more producers and producer institutions can form such a company.
Note:Total number of members should not be more than 50 with minimum of 5 directors and minimum paid-up certified capital of INR 5 lakh.
Same regulation as followed in a Private Limited Company and not a Public Company.
Objectives to promote and gain from farming activities including
Basic farming activities, such as Production, Harvesting, Procurement, Pooling, Handling, Marketing, Exporting the primary production of members, Importing goods/services for commercial benefit.
Processing farmed items, such as preserving, drying, brewing, venting, canning, etc.
Manufacturing farming tools to sell and distribute in members for the sake of improving productivity.
Providing advanced equipment, education, consultation, R&D to increase productivity and improve output quality through mutual cooperation between members.
Benefits of Producer Company
A Producer Company is a separate legal entity having limited liability within the share amount held by the authority members.
The company gets the provisions of a Private Limited Company that includes transparency in the transfer of shares and ownership, guarantee of stability, scope of expansion, etc.
Such company is formed with the aim to improve the potentiality of its producer members incorporating provisions of financing of procurement, processing, marketing and any other activities that supports the producer members to be accomplished to compete in the market.
A Producer Company promotes the principles of mutuality and mutual assistance amongst the members.
Such company gets the facility of growing as a large multi-state cooperative societies and institutions allowing it to voluntarily transform into a new form of Producer Company.
Members of such company receive value for the products taken and supplied as per company rules, provisions of bonus shares and patronage bonus that means, payment of excess income to members in the proportion to their respective patronage.
Documentation for Producer Company
PAN Details of directors. Identity proof (Passport) of the Director, in case, a Foreign National/NRI
Passport size photograph of directors
Copy of voter ID Card/Aadhaar Cards of the directors
Address proof of directors
Address proof of the business space. For rented business space, rental agreement of the same
Note: For a Producer Company, they should have an address of its registered office.
Landlord’s NOC, where the business space is located
If you own the business space, property papers of the same
Electricity/Water Bills of business place
Our Package is Offering You:
DIN for two Directors
Digital Signature for two Directors
Memorandum of Association/Article of Association (MOA/AOA)
Name Search & Approval
Issue of Incorporation certificate (CIN)
Procedure to Register a Producer Company
STEP-1) Ensure the minimum requirement of the company, such as, number of directors, share capitals, etc.
and provide director’s basic details, such as, Full Name, Email and Phone number.
STEP-2) Apply for DSC (Digital Signature) & DIN (Director’s Identification Number). We’ll work for you to get these documents registered.
STEP-3) Name Approval Application and its verification Name of Producer Company must include the words
‘Producer Company Limited’.
We’ll associate with you to finalise this document and get it registered successfully.
STEP-4) Submission Of MOA (Memorandum Of Association) & AOA (Article Of Association) We’ll be
working based on the documents you provide to complete this submission.
STEP-5) Certificate Of Incorporation Registrar of Companies will issue your Certificate of Incorporation after all the above documents are
successfully registered from our side and the processing fee for Producer Company Registration is deposited as
provided from your side.
STEP-6) CONGRATULATIONS!! Your Producer Company Registration is complete now.....You can apply for PAN, TAN and Bank Account in the
name of your Producer Company.
Our Customers Admire What We Do
PRIYA H, India
I have been dealing with Myitronline and Gopal Varshney for over a decade now. The firm is highly professional, prompt, efficient and courteous. Its been a pleasure dealing with Gopal and I would highly recommend his services. Keep up the great work !!
Myitronline Global Services Private Limited It's a platform of comprehensive technology-driven services that wrap up all the legal needs of startups and established businesses for instance incorporation, government registrations & income tax filings, accounting, documentation and annual compliances.
Myitronline has users from pan India and many from overseas who prefer to use myitronline.com to file their tax return with ease. It is a project built on the idea to make the ever increasing tax filing headache a thing of the past. The website is absolute hassle free and intuitive to use. All of this is delivered to our clients through the convenience of cloud. They access our services via web applications.
is to give away a single & simple click access to all the individuals for all their legal and professional tasks. Our values are to deliver the clients delightful services.
If you appreciate our mission and want to build gratifying Fintech products or join with us, please give a moment to reach us at firstname.lastname@example.org
Individual Tax Preparation Services are offered through two channels – Income Tax Filing by Experts, and Self e-Filing of Income Tax Returns. Income tax Filing by Experts is a service where a dedicated tax expert is assigned to you, to help you understand your tax modalities, prepare returns for you and file your ITR online. If you prefer doing your taxes yourself, Myitronline provides a highly intuitive online tool for e-Filing income tax returns which automatically extracts all data from your Form 16, to help you file your taxes online yourself in 5 easy steps.
Business tax preparation services are provided through personal interaction as well as online for filing ITR 1, ITR 2, ITR 3 and ITR 4. Our GST managed services are a complete solution for all the GST compliance worries where we take care of everything for you right from registration, reconciliation as well as return filing. Apart from this we also provide tax tools like Income Tax Calculator, Advance tax calculator.
Our customers choose us over other service providers, as we offer a blend of tax filing methods suited to the needs of our clients as well as dedicated year-round support or focus on client satisfaction.
Start Up A BusinessNumerous organisations are still puzzled about what kind of entity to register when they indulge in their start up. They keep struggling for the right decision for instance a private limited company, limited liability partnership, partnership firm, one person company or a sole proprietorship. Every entity has it’s specific pros and cons. There is no single class for all businesses. A private limited firm registration, for instance would be a better fit for any venture that will look for funding at a later stage. You can connect with Myitronline for all the advises you require. We assure you of great & significant support at a reasonable price. Many people find difficulty in discovering the Company name which is unique for itself, the wait is finished. We have come with a great team to find that unique name for your brand Company name availability here.