Producer Company Registration in India

Company Registration is now easy when done by FileFunda. We provide quick and affordable service to register a private limited company through 100% online process (WhatsApp your documents we will do the rest). 

Only at ₹29999*

*Each additional Director or Shareholder will cost ₹1500. In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.

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OVERVIEW

Register a Producer Company

Producer Company is the most popular type of corporate legal structure in India. Producer company registration in India is governed by the Ministry of Corporate Affairs, the Companies Act, 1956 and the Companies Incorporation Rules, 2014. To register a Producer company, a minimum of ten shareholders and five directors are required. A natural person can be both a director and shareholder, while a corporate legal entity can only be a shareholder. Further, foreign nationals, foreign corporate entities or NRIs are allowed to be Directors and/or Shareholders of a Company with Foreign Direct Investment, making it the preferred choice of entity for foreign promoters.

A Producer Company shall have 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.

producer company registration FileFunda

BENEFITS

Advantages of Producer Company Registration

Separate Legal Existence

Once the Company registration in India is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. The company can operate on its own name simply by opening a bank account to own assets and enter into contract with parties. This also provides right to sue third parties in case of any defaults.

Management and Ownership Separation

Once the Company registration in India is done, a legal entity is born in eyes of law. This separates itself from its owners and managers. The company can operate on its own name simply by opening a bank account to own assets and enter into contract with parties. This also provides right to sue third parties in case of any defaults.

Owners’ Limited Liability

The company’s obligation or debts of does not create a charge over the owner’s personal assets. Their liability stays limited only to the capital subscribed and unpaid by them.

Benefits to members

ONLINE REGISTRATION

Documents required to register a Producer Company

PAN Card

PAN Card of shareholders and Directors. Foreign nationals must provide a valid passport.

Identity Proof

Aadhar card and Voter ID/ Passport/ Driving License of Shareholders and Directors.

Director’s Address Proof

Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors.

Photograph

Latest Passport size photograph of Shareholders and Directors.

Business Address Proof

Latest Electricity Bill/ Telephone Bill of the registered office address (not older than 50 days)

NOC from owner

No Objection Certificate to be obtained from the owner(s) of registered office

Rent Agreement

Rent Agreement of the registered office should be provided if any

Producer Certificate

Producer certificate of all subscribers certified by tehsildar/agriculturte officer/ patwari/ SDM /District Administrator and Khasra / Khatauni.

Note

In case of NRI or Foreign National, documents of director (s) must be notarized or apostilled

Formulation of Company Name

Unique Name

Mainly it builds the company brand and preferably be a coined word

Business Object

The second part of the name should suggest the business activity of the company

Constitution Type

Name of the company must end with “Producer Company Limited” as a suffix

ONLINE REGISTRATION

THE PROCESS

Register a Company in 3 Easy Steps

Process to Register a Company in India

1. Answer Quick Questions

  • Pick a Package that best fits your requirements
  • Fill in our questionnaire that takes less than 10 minutes
  • Provide basic details & documents required for registration
  • Make payment through secured payment gateways

Day 1 - 2

  • Review of documents and information provided
  • Application for Digital Signature Certificate

2. Experts available for Help

  • Assigned Relationship Manager
  • Procurement of Digital Signatures (DSC)
  • Application for Company Name Registration
  • Documents drafting including MOA and AOA
  • Certificate of Incorporation
  • Application for PAN and TAN

Same Day

  • Checking Name availability
  • Drafting of MoA, AoA & other required documents

3. Your Company is Registered

  • All it takes is 3-10 working days*

Same Day

  • Name reservation application under SPICe
  • Filing company registration application
  • DIN allotment application
  • Application for PAN and TAN of company

Day 3-10

  • Government processing time

After Incorporation what you get:

* If opted for GST Registration then only GST Registration Certificate will be given.

Over 1 Lakh Companies registered Annually in India

Be the part of corporate India

FREQUENTLY ASKED QUESTIONS

Explore Producer Company Registration

Yes, you can register your company at your residential address. There is no issue, you need only the utility bill copy of the same.

Minimum 5 Directors required for Producer Company Registration and additionally 10 Share Holders are also required.

It depends on Government Processing and approval. But when you register your Company with FileFunda it is fastest, on an average it takes up to 3 to 10 working days to register a producer company in India.

It costs nearby 29999/- INR except in some state like Punjab, Kerala and MP State due to Stamp Duty. The package is for ten directors only, in case of each additional Director or Shareholder will cost ₹1500. In case of incorporation in Madhya Pradesh, an additional stamp duty of Rs.7500 will be applicable. In case of incorporation in Punjab, an additional stamp duty of Rs.10, 000 will be applicable. In case of Kerala, an additional stamp duty of Rs.3000 will be applicable.

It’s a just a maximum share value which you can issue in your company so it’s not mean that you have to invest the 1 lakh rupees. You can start your own producer company with any amount of capital, even it could be 10 rupees only.

GST Registration is optional till the 20 lakh rupees turnover and for north east state 10 lakh rupees turnover. it’s a completely separate registration apart from producer company registration.

Yes you can run the multiple business under one producer company. But it should be related to producing activities only and the same should also be mentioned in your MOA during the Producer company registration.

In the private limited company all the eForms has to be filed with the DSC issued by a CCA approved Certifyinh Authority.

Basically, with the producer company registration, you company name has been secured. But if we talk about the brand or the logo registration then there is separate trademark registration

It’s a life time validity of the producer company registration certificate. But there are some situation where producer company name can be terminated from the ROC –

– if the company are not able to start the business within 1 year of the incorporation.

– if the company are not filings regular Annual Returns.

Yes, you can become director of the company if you are not bounded with any employment contract for the same, for more details must check your employment agreement.

No, you don’t need to be present any Government office, you have to just provide us the documents as scanned copy via our web portal or email or whatsapp and we will do the rest for you.

If we talk about the annual maintenance or compliance then its include following things ;

#1 Appointment of the Auditor with the statutory audit of the accounts (ADT-1).

#2 Commencement of Business (Form INC 20A)

#2 Filings of the AGM, Annual Return and financial statement

#3 Filings of the Income Tax Return for the same.

Limited liability protection is likely to responsible only to limited amount for the debt in producer company. mean your personal assets are separate from the company liabilities.

More Questions? Seek Help of an Expert

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