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Producer Company Registration in India

What is Producer Company:

As Indian economy majorly depends on agriculture, during the year 2002, the government of India introduced a business concept called Producer Company with the main objective as to facilitate the formation of co-operative business as companies. Producer companies can help small formers to participate in emerging-high value markets such as export market and the retail markets in India. The Producer Company is one of the business entity registered under the Companies Act, 2013.

The objects of the Producer Company are as follows:

  • It's main objective is of production, harvesting, procurement, grading, pooling, handling, marketing, selling, and export of primary produce of the Members or import of goods or services for their benefit provided that the producer company may carry ont the aforesaid activities either by itself or through any other institution.

  • Processing including preserving, drying, distilling, brewing, vinting, canning and packaging of produce of its Members.

  • Manufacture, sale or supply of machinery, equipment or consumables mainly to its Members.

  • Providing education on the mutual assistance principles to its Members and others.

  • Rendering technical services, consultancy services, training, research and development and all other activities for the promotion of the interests of its Members.

  • Generation, transmission and distribution of power, revitalisation of land and water resources, their use, conservation and communications relatable to primary produce.

  • Insurance of producers or their primary produce.

  • Welfare measures or facilities for the benefit of Members as may be decided by the Board.

  • Any other activity, ancillary or incidental to any of the above activities or other activities which may promote the principles of mutuality and mutual assistance amongst the Members in any other manner.

  • Financing of procurement, processing, marketing or other activities specified in above activites which include extending of credit facilities or any other financial services to its Members.

What is Primary Produce?

  • Produce of farmers, arising from agriculture (including animal husbandry, horticulture, floriculture, pisciculture, viticulture, forestry, forest products, re-vegetation, bee raising and farming plantation products), or from any other primary activity or service which promotes the interest of the farmers or consumers. or

  • Produce of persons engaged in handloom, handicraft and other cottage industries.

  • Any product resulting from any of the above activities, including by-products of such products.

  • Any product resulting from an ancillary activity that would assist or promote any of the aforesaid activities or anything ancillary thereto.

  • any activity which is intended to increase the production of anything referred to in above or improve the quality thereof.

Who is Producer?

  • Producer means any person engaged in any activity connected with or relatable to any primary produce.

Who is eligible to register a Producer Company?

Any ten or more individuals, each of them being a producer or any two or more Producer Institutions or a combination of ten or more individuals and Producer Institutions can form a Producer Company under the Companies Act, 2013. Producer Company Registration is regulated by the Central Registration Center (CRC), Manesar, Haryana on behalf of each state jurisdictional Registrar of Companies, Ministry of Corporate Affairs, Government of India. The governing law for the producer companies is Companies Act, 2013. The name of the producer company should be ended with "Producer Company Limited". Every producer company shall have at least five directors and not more than fifteen directors.

The Government of India had announced on 26th January, 2018 that there is zero incorporation fee for the Companies registered with an Authorized Share Capital up to of Rs. 1,000,000/- (Rupees Ten Lakhs), subsequently it had been increased to Rs. 15 lakhs. The remaining fee such as Name Availability, Stamp Duty, Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) is applicable as usual.

Preparatory arrangements for Incorporation of a Producer Company:

  • Identify a cluster where the Producer Company can be formed.

  • Conduct Baseline and Feasibility Studies to ensure that a viable Producer Company can be formed in the cluster. Plan for business activities that are possible to improve the incomes.

  • Meet the primary producers or Farmers and introduce the concept of Producer Company to them.

  • Explore the need for a Producer Company with the primary producers. The primary producers should understand the benefits and feel the need for it.

  • Create a critical group of primary producers, who are very enthusiastic about the idea of Producer Company and empower them further with the concept and details and benefits of a producer company.

  • Create a critical group of primary producers, who are very enthusiastic about the idea of Producer Company and empower them further with the concept and details and benefits of a producer company.

  • Allow enough time to the prospective primary Producer Company members to understand the idea. Make frequent visits to them and clarify all their doubts. The objective should be that the prospective members have right understanding, and willing to participate and work together for their mutual benefit.

  • Once the primary producers are willing to form a Producer Company and are ready to contribute to the share capital, Identify the Promoter Directors and collect their KEY Documents and approach CompaniesHouse.

Minimum Requirements to register a Producer Company:

Directors Five Directors
Shareholders Ten Shareholders
Authorised Share Capital Rs.10
Paidup Share Capital Rs.10
  • Five directors and Ten shareholders are rquired. The directors and shareholders may be the same persons. They should be majors. The director must be an Individual whereas the shareholder may be the body corporate. One of the directors must be resident Indian.
  • Authorised Share Capital is the amount up to which, you can invest in the company as share capital.
  • Paidup Share Capital is the amount up to which, you can deposit in the Company's Bank Account towards Share Capital.

Documents Required to register a Producer Company:

  • A

    Directors Documents

    1. Directors PAN
    2. Directors ID Proofs
      Aadhaar Card or Voter ID or Passport or Driver's License
    3. Directors Address Proofs:
      Latest one month Savings Bank statement or
      Latest Telephone Bill on his own name or
      Latest Moblie Bill on his name or
      Latest Power Bill on his own name.
    4. Directors latest passport size photograph
    5. Directors Email ids
    6. Directors Mobile Numbers linked with their Aadhar
    7. Incase of Foreign direcrtors, International Passport is mandatory
  • B

    Company Documents

    1. Registered Office Address Proof: Latest Power Bill
    2. No-objection letter from the Landlord.
    3. Rental Agreement from the landlord if the premises are rented.
    4. Company email id.

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Benefits of a Producer Company Registration

Below are the benefits of registering a Producer Company.

Limited Liability:

The liability of the members of the Company is limited. The Directors or Shareholders are not personally liable for the debts of the Company. For example, when Company is in default of repayment of debt or loan, there is a protection to the personal assets of the Directors or Shareholders. They can recover the loan amount only by selling the assets of the Company.

Small Farmers Agribusiness Consortium (SFAC):

SFAC operates a Credit Guarantee Fund to mitigate credit risks of financial institutions which lend to the Farmers Producer Companies without collateral. This helps the FPCs to access credit from mainstream financial institutions for establishing and operating businesses.

SFAC provides matching equity grant up to Rs. 10 lakh to the FPCs to enhance borrowing power, and thus enables the entities to access bank finance.

NABARD Support:

NABARD set up 50 crore Producer Organisation Develop Fund (PODF) for the development of the Producer Companies in India. This fund will support the producer companies by providing credit support, improving marketing capacity and infrastructure facilities in the floowing ways:

NABARD also provides technical, managerial and financial support for hand-holding, capacity building and market intervention efforts of the Producer Companies. Such support is available in the form of grant, loans, or a combination of the two based on the need of the situation, and is available only to those Producer Organisations which avail credit from NABARD. Capacity building support will not be given in isolation in general. It would essentially be a part of the overall project having loan component. Grant, if any, will be maximum 20% of the loan amount. Capacity building should broadly cover any activity relating to functioning of a producer organization.

Government of India Support:

Government of India provides budgetary support to Small Farmers Agribusiness Consortium (SFAC) for its Equity Grant and Credit Guarantee Fund Scheme for the Farmer Producer Company. For creation of storage and other agricultural marketing infrastructure under the Integrated Scheme for Agricultural Marketing (Ministry of Agriculture, Government of India), Farmer Producer Companies are eligible to get higher subsidies. Ministry of Rural Development also operates schemes through which support for some activities can be obtained by the Farmer Producer Companies. Training institutions supported by the Ministry or Rural Development, Government of India also impart skill and capacity building training which can be made use of by the Producer Companiesfor its members.

Management Support:

Indian farmers know how to produce the primary agricultural produce but they fail in how to market it. In producer company, the farmer members may appoint experienced personnel in marketing as Directors and market their products at higher rates thereby they get more revenue. So each member will get benefited by having experienced marketing support personnel.

Income Tax Benefits:

The Income Tax Act, 1961, specifically exempts tax on agricultural income under Section 10(1). However, the exemption for such agricultural income shall sometimes vary depending upon the kind of agricultural activity carried on. It is to be noted that though the IT Act does not per-se give any special benefits or exemptions to Producer Companies as such, but depending upon the kind of agricultural activity it carries on, certain tax benefits can be availed.

Dividend tax at the applicable rates is required to be paid by the Company at the time of patronage bonus, limited return distribution and the same will be tax free in the hands of the members. Bonus shares will not attract any tax in the hands of the members at the time of allotment, however at the time of sale or redemption necessary provision of capital gain tax shall apply.

How to Register a Producer Company

Below is the 3 step Company Registration process.
  • 1

    Digital Signature Certificates

    Through eMudhra - One Hour Job

    We will apply Class-III DSCs through eMudhra Portal Online. The OTPs will be generated on your Aadhar enabled mobile numbers, we will submit the same OTPs and then the system will send video recording link through SMS and email to you. The DSC will be approved by the eMudhra team after your video recording submission. Then we will download the DSCs in ePass Tokens and use these for signing incorporation forms.

  • 2

    Incorporation

    Through MCA Portal - 5 to 7 Days

    We will prepare the documents provided by you in an order ie. Pan, Id Proof and Address Proof as a single document, we will prepare the Form DIR-2, Form INC-8, Verification under Rule 25 of the Companies Incorporation Rules 2014, draft main objects of the company and then prepare the eSprice+ Form, eMOA, eAOA, eAGILE+ Form and upload with MCA portal by paying the requisite fee.

  • 3

    Certificate of Registration

    Through eMail - 1 Day

    After scrutiny, the officers of MCA will approve the form and issues you the Certificate of Incorporation through email. You will also get DIN approval letters through email from MCA. You will get ePAN and eTAN through email from NSDL. Further, your company's PF and ESI registration numbers will be generated automatically along with your Zero Balance Company's Current Account. We will also send you MOA, AOA and other documents through email.

What All You Get


  • Certificate of Incorporation
  • Articles of Association
  • GST Registration
  • Import Export Code
  • Digital Signature Certificates
  • Company PAN
  • MSME Registration
  • Commencement of Business
  • Director Identification Numbers
  • Company TAN
  • PF Registration
  • Company Resolutions
  • Memorandum of Association
  • Company Bank Account
  • ESI Registration
  • Company Agreements

Why CompaniesHouse?


As an Official Company Registration Agent, we have built strong ties with the Ministry of Corporate Affairs, Govt of India since our own formation. Since we began, our goal has been to provide a seamless incorporation process that is quick and simple to use. Today, our company registration system is one of the most effective and efficient in India. In just over 5 minutes you can submit your new company name application, and often in just 3-5 days, your company will be fully registered. We also keep our company formation pricing competitive, while always exploring innovative ways to provide value to our customers. We are pleased to be one of the most affordable ways to start a company in India.

We have the expertise to advise which is the correct corporate structure they need to put in place. Most customers come to us for help registering a company limited by shares. The limited company structure is popular as it allows profits to be distributed amongst the shareholders while at the same time protecting them through the limited liability aspect. Our team has well over 20-years of combined expertise forming companies and providing corporate and secretarial services that help thousands of our clients grow their businesses each year.

We are incredibly passionate about the quality of our service, and we are incredibly proud of our customer feedback, as shown by our excellent reviews and ratings. Time and time again, we are selected for the value and expertise that our team is known for. We have helped shape the industry by providing innovative business services and bundled packages that have evolved alongside the needs of our customers.

Our clients have access to free support from an expert team. We are always on standby to help. If you need assistance at any point before, during, and after the registration of your company, you will be able to reach us by telephone or email.


No Hidden Charges

We believe in clear and transparent pricing. The price advertised is the price you pay. There are no additional costs to register your business.

Speedy Service

In just over 5 minutes you can submit your new company name application, and often in just 3-5 days, your company will be fully registered.

20 Years Experience

We are experts in our field, our team has over 20 years experience. Take the hassle out of setting up your business, rest assured that you are backed with the support you need to succeed.

Trusted Service

Today our clients expect outstanding service. That's why we are so proud that 99% of our clients rate us "Great" and "Excellent" on Google.

Simplicity

The whole process, from ordering to using your company registrtaion license, is made as simple and easy as possible to help you build your business.

Privacy and Security

Customer privacy and security is paramount. We ensure your payment, company and personal information is protected at the highest level.

What Client Says

You are truly experienced in Company Registrations. Keep it up!

Ram Kumar Chilukuri Director, Anewa Engineering Pvt Ltd

Thanks for your continuous support. God bless you!

Nrupesh CFO, Blujay Solutions Private Limited

Thank you CompaniesHouse for saving in Income Tax!

Avtar Singh Managing Partner, Chetak Transporters

We are surprised to get our Company registered in one day. Thanks.

Mohammed Fasiuddin Director, Avidus Engineering Pvt Ltd

Thank you for the initial discussion as we choose best business format!

Lakshmi Keerthi Reddy Director, Lavanar Sea Food Farming Private Limited

Thank you CompaniesHouse for reminding on timely statutory compliance!

Rambabu Director, Cybervillage Solutions Pvt ltd

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What Next Once the Company is Registered

Congratulations!! on registering your new business venture. Most of the enterprenuers do not know what next once the Company is registered. You can find below the other mandatory registratons and statutory compliance requirements of a Company.


Other Registrations

  • A

    Fertilizer License

    If the Proucer Company manufactures fertilizers, then it has to make an application for seeking the Fertilizer License before Controller of Fertilizers, Ministry of Chemicals.

  • B

    AGMARK Certification

    To get the Quality Standard Certification for an agricultural produce or product, the company has to make an application for granting AGMARK Cetification before the Office of the Directorate of Marketing and Inspection (DMI). They can file application online at www.dmi.gov.in.

  • C

    SPICE BOARD Certification

    A Farmer Producer Company is required to get SPICE BOARD Certification to export the Spices..

  • D

    FSSAI Registration

    If your business deals in Food, Food Items you need to apply for Food License with Food Safety and Standards Authority of India.

  • E

    GST Registration

    GST registration is Mandatory if you are a Taxable dealer in sale of Goods or supply of Services.

  • F

    IEC Registration

    Import Export Code (IEC) is required to be taken if you deal in Import or Export of Goods of Services.

  • G

    IPR Registration

    If you want to protect your business name, brand, literary work, invention, you need to apply for Trade Mark, Copyright, Patent respectively with the department of Intellectural Properties of India.

  • H

    Professional Tax Registration

    Professional Tax is Mandatory for the Companies registered in India. For all states it is not mandatory and infact only for 17 states it is mandatory.

  • I

    Shops & Establishments Registration

    Shops & Establishments registration is mandatory to register with the concerned State Labour Department.

  • J

    MSME Registration

    To avail the benefits under The Ministry of Micro, Small & Medium Enterprenuers Act, it is mandatory to get registered under this Act.

  • K

    Local Trade License

    The new company has to apply for Local Trade License with the Local Municipality or Municipal Corporation.

  • L

    PF Registration

    If your Company is covered under PF Act, you need to get the PF Registration. Now MCA is giving PF Registration along with Incorporation, you need not required to apply again separately, you need to enrol the employees once the threshold limit crosses.

  • M

    ESI Registration

    If your Company is covered under ESI Act, you need to get the ESI Registration. Now MCA is giving ESI Registration along with Incorporation, you need not required to apply again separately, you need to enrol the employees once the threshold limit crosses.

Company Compliance

  • 1

    Appointment of First Auditor

    You need to appoint a First Auditor of the Company with in 30 days from the date of Incorpration and file Form ADT-1 with MCA with in 15 days of appointment otherwise a maximum penalty of Rs. 3,900/- will be payable.

  • 2

    Commencement of Business

    You need to declare the deposit of Share Capital amount in Form INC-20A with the MCA with in 180 days of Incorporation, otherwise MCA will strikeoff your Company. Few banks also insists you to file this Form otherwise they will not activate your Company's Current Account.

  • 3

    Director KYC

    Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is 'Approved', would be mandatorily required to file form DIR-3 KYC before 30th April of the immediately next financial year. Failure to file attracts a penalty of Rs. 5,000/- per Director and his/her DIN will be deactivated by the MCA.

  • 4

    Board Meetings

    Every Company has to hold a meeting of it's Board of Directors once in a Quarter.

  • 5

    Annual General Meeting (AGM)

    Every Company has to hold a meeting of it's members called Annual General Meeting on or before 6 month after closure of it's financial year.

  • 6

    Annual Report

    Every Company has to file a report called it's Annual Report in Form AOC-4 with MCA with in 30 days from the date it's AGM.

  • 7

    Annual Return

    Every Company has to file it's Annual Return in Form MGT-7 with in 60 days from the date of it's AGM.

  • 8

    Income Tax Return

    Every Company has to file it's Income Tax Return in form ITR-6 on or before 30th September of each year.

  • 9

    TDS Return

    Every Company which is subject to file TDS returns has to file it with in Due date to avoid penalty.

  • 10

    PT Return

    Every Company has to file it's Monthly PT Return with in due date to avoid penalties.

  • 11

    GST Returns

    Any Company which subject to file GST returns on QRMS basis has to file with in due date to avoid penalties.


Let's Clear Your Doubts


What is DIN?

DIN stands for Director Identification Number. Every Director of the company will get this unique Director Identification Number subsequent upon the Company Incorporation. With this DIN, he/she can register any number of companies.

A DIN holder has to file his KYC with MCA every year on or before 30th day of September otherwise a penalty of Rs. 5000/- will be imposed.

What is DSC?

DSC stands for Digital Signature Certificate. Class-III Digital Signature Certificate is required for each Shareholder while registering his/her company.

There are different companies who issue Class-III DSCs. These companies are called DSC Certifying Authorities. We have associated with eMudhra Tamil Nadu. eMudhra is one of the largest Digital Signature Certifying Authority in India.

What is Authorised Share Capital?

An authorized share capital is a share capital amount upto which the shareholders can invest in equity of the company.infact, this the permission limit to invest amount into Equity Sharecapital.

What is Paidup Sharecapital?

Paid up share capital is an amount, which is deposited by the shareholders of the compnay in company's bank account towards share capital.

Now the company can be registed with a minimum amount of share capital of Rs. 2/- ie. Rs.1/- investment by each shareholder.

What is CIN?

A CIN is a company identificaton number, which is generated by the Ministry of Corporate Affairs while generating the Certificate of Incorporation.

We can treat it as the company registration number.

What is the duration for Company Registration?

If we apply direct incorporation without applying for Certificate of Name Availability, it may take 3 to 5 working days. Some times, it may be incorporated even in one day.

But it is advisable to apply first company name and then incorporation and in this case it may take 10 to 15 days.

What is the Government fee for Company Registration?

For one lakh authorised share capital company, the total government fee including Digital Signature Certificates would be approximately Rs. 4,000/-.

CompaniesHouse is authorised by the Ministry of Corporate Affairs to provide company registration service throughout India at an affordable cost of Rs. 1,999/-.

Can I start company from my home address?

Yes, you can start a Company from your home address too.

Can I register my Company on my own?

No, you can not register Company on your own as Professionals like Company Secretary/Chartered Accountant has to sign digitally along with a Director on the application forms, then only your Companay will be registered.

What is minimum amount of Sharecapital with wich I can start my Company?

Rs. 5 Lakhs.

What are the minimum number of Directors required to register a Producer Company?

Minimum of five directors are required to register a Producer Company.

What are maximum number of Directors eligible to register a Producer Company?

Minimum of fifteen directors are eligible to register a Producer Company.

How many members are required to register a Producer Company?

Any ten or more individuals each of them being a producer Or any two or more Producer Institutions Or Combination of 10 or more individuals and Producer Institutions are requited to register a Producer Company.

Can a Producer Company be register for non-agricultural business?

Yes. Ex - produce of persons engaged in handloom, handicraft.

Register your Company with us for less! Start here & Save! Contact Now!

Get Certificate, DINs, DSCs, MOA, AOA, PAN, TAN, GST, MSME, IEC, PF, ESI, PT*, Shops & Establishments Registration*, Bank A/c, Share Certificates & GST Software along with your CIN!