Producer Company Registration
Get your Producer Company Registration at just ₹ 25,000/- only (Inclusive of all fees)
- Ideal for agricultural activities
- For producers and farmers
- Simple and Secure Online Process
- Dedicated Professional
- Get Post Incorporation Assistance
- Get Registration in 10-15 Days
Need Help with Producer Company Registration?
Fill Up the below Mentioned Form
Registration of Producer Companies in India
The government of India created the concept of a producer company, which is a legally recognized organization of farmers and other agriculturalists, with the primary goal of raising their standard of living by guaranteeing them access to resources, revenue, and profitability.
Application Drafting and Registration of Agricultural Producer Companies in India
An agricultural producer company represents a legally acknowledged collective of farmers and agriculturists, a concept initiated by the Government of India with the primary objective of enhancing their quality of life by ensuring access to support, income, and profitability.
Under companies act, 1956, a producer company can be formed by
What Is Included In Our Package?
Eligibility Consultation
Application Drafting
Document Preparation
Government Fees
Minimum Requirements
There should be one full-time Chief Executive Officer chosen.
Five people at minimum and fifteen at most can serve as directors.
Minimum Paid Up Capital requirement – 5 Lakhs
If a foreign entity or individual decides to incorporate a producer company, at least one of the directors must reside in India.
Director Identification Number if available
Minimum ten or more individual and each one of them being persons as Members; or two or more producer institutions or combination thereof.
Documents Needed for Producer Company Incorporation
For Foreign Nationals: - Passport
Identity Proof (Aadhar/Voter ID/Driving License/Passport)
For Members: - Producer Card
Address Proof (Utility Bill/Telephone Bill/Mobile Bill/Bank Statement, not older than two months)
Latest Passport-sized Photograph
For Rented/Leased Property: - Rent Agreement NOC from the Owner Latest Govt. Electricity Bill or Water Bill
PAN Card For Members and Directors
For Business Address Proof:- For Owned Property Copy of Registry Latest Govt. Electricity Bill or Water Bill
Process of Incorporating a Producer Company
1. Application Form Completion
Fill in a simple questionnaire provided by our expert team..
3. Application for DSC
Prepare the Digital Signature Certificate (DSC) consisting of E-signatures (if not already prepared). This step typically takes 1-2 days.
5. E-filing for Company Incorporation
File an online application using SPICE+ along with necessary documents obtained from the client with the Registrar of Companies (ROC). Online filing includes the MOA and AOA. This process takes approximately 2-3 days after name approval.
2. Document Processing
Submit the required documents based on the questionnaire for processing.
4. Name Availability
Verify name availability, ensuring uniqueness and dissimilarity from other registered entities. This process usually takes 1-2 days.
6. Obtain Certificate of Incorporation
Upon approval, receive the Certificate of Incorporation via email, confirming the successful incorporation of the Company.
Benefits of Agricultural Producer Company Registration in India
The primary advantages of registering an agricultural producer company encompass
Independent Legal Entity
Ensures limited liability and perpetuity for its members, shielding them from liability towards the company's creditors.
Enhanced Credibility
Registered and overseen by the central government, offering higher credibility compared to unregistered farmer organizations monitored by state governments.
Simplified Board Management Changes
Easy alteration of the board of management by completing straightforward forms with the ROC.
Property Rights
Sole entitlement to buy or possess property under its own name.
Furthermore, an agricultural producer company can lawfully accept deposits from and provide loans to its producer members at reasonable interest rates.
Financialchartered.com Assistance in Agricultural Producer Company Registration
Financialchartered.com is a reputable Indian platform offering accounting, finance, and taxation services for small businesses. With over a decade of experience, we specialize in facilitating Agricultural Producer Company registration at competitive rates. Our team ensures guidance throughout the registration process. For the best deals on Agricultural Producer Company registration, please contact us at 8890077750 or email us at Financialchartered.com@gmail.com.
Tax Benefit On Producer Company Registration
Section 10(1) of the Income Tax Act of 1961 exempts agricultural income. The exemption specified in section 10(1) may occasionally change based on the type of agricultural activity. A producer company's agricultural activities may qualify for specific tax breaks or incentives. For example, the proceeds from the sale of produced green tea leaves are classified as agricultural revenue and are 100% tax exempt; however, if the tea leaves are processed further to make tea, there will be additional taxes. 40% of income is taxable and 60% of income is classified as agricultural income.
