Producer Company Registration
Empowering Farmers and Agricultural ProducersWhat is a Producer Company?
A **Producer Company** is essentially a hybrid of a **Private Limited Company** and a **Cooperative Society**. It is formed exclusively by people engaged in **primary production** (e.g., farming, horticulture, forestry) or activities related thereto.
The objective is to allow farmers to collectively utilize their produce, gain access to better markets, manage quality control, and secure better pricing and credit facilities, ultimately improving their income and socio-economic status.
Eligibility & Requirements
- **Minimum Producers:** 10 individuals or 2 institutions
- **Minimum Directors:** 5
- **Liability:** Limited to Shares
- **Governing Act:** Companies Act, 2013
- **Ideal For:** Farmers, Agri-entrepreneurs, Cooperative Clusters
Key Benefits for Agricultural Producers
Market Access & Branding
Allows collective marketing, processing, and branding of agricultural produce for higher returns.
Tax Exemptions
Agricultural income earned by the Producer Company is exempt from income tax (subject to Sec 10(1) of I-T Act).
Credit and Loans
Easier access to institutional credit, grants, and subsidies designated for farmer groups.
Producer Company Registration Process
Collect Producer Base
Secure commitment from at least 10 producers (individuals) and 5 directors.
Name & Digital Filings
Filing RUN form for name approval and obtaining DSC/DIN for the proposed directors.
MOA/AOA Drafting
Drafting the Memorandum and Articles, ensuring adherence to the special provisions for Producer Companies.
Final E-Filing & CIN
Filing the final incorporation forms with the MCA to receive the Certificate of Incorporation (CIN).
Producer Company Setup Package
Register your Producer Company with complete legal documentation and post-incorporation support:
Agri Producer Plan
- ✔ DIN & DSC for 5 Directors
- ✔ Name Approval & MOA/AOA Drafting
- ✔ Producer Company Incorporation (CIN)
- ✔ PAN & TAN Registration
- ✔ GST Registration (if applicable)
- ✔ 3 Months Post-Compliance Advisory