Producer Company

Empowering. Primary Producers.

@ Rs. 34,799*

*Subject To Change On Market Conditions

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Overview

Register A Producer Company In India

The Companies Act, 2013 defines a Producer as, “Any person engaged in any activity associated with or relatable to any primary produce”. Here the term Produce means, “Things that have been produced or grown, especially by farming”. A Producer Company is a special corporate entity that has the object that is one, or all of the following:

Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the shareholders, or import of goods or services for their benefit.

Additionally, a Producer Company has to primarily deal with the production yielded by the shareholders or shareholders of the company. It is also permitted to pursue any of the following activities on its own accord or by appointing other entities on behalf of its own shareholders:

  • Processing including Preserving, Vinting, Distilling, Drying, Brewing, Canning, And Packaging Of Produce Of Its Shareholders.
  • Manufacture, Sale, Or Supply Of Machinery, Equipment, Or Consumables primarily to its Shareholders.
  • Rendering educational services on the principles of mutual assistance and shared knowledge to its shareholders and others.
  • Providing technical services, training, consultancy services, research and development, and all other activities for the promotion of the benefit of the shareholders;
  • Generating, transmitting, and distributing electrical power, revitalizing the land and water body resources, their use, conservation, and communication relatable to the main produce.
  • Insurance of producers or their main produce.
  • Endorsing techniques of mutual skill sharing and assistance.
  • Welfare programs or facilities for the object of shareholders as is decided by the Board.
  • Any other such activity, ancillary or incidental to any of the activities which promote the principles of mutual skill sharing and mutual assistance among the shareholders in any different manner;
  • Financing of processing, procurement, marketing, or any other activities associated with extending the credit facility or any other financial assistance to the shareholders.

Procedure

Documents Checklist

Documentation

To have your business registered as a One Person Company, the following documents are to be furnished with digital signatures of the concerned parties.

 
  • Application for Digital Signature Certificate (DSC)
  • INC-9 Declaration by the Director and Shareholders
  • Consent to Act as Director: Form DIR-2
  • Details of DIN
  • Declaration of DIN (If DIN is allotted previously)
  • Address Proof: Electricity bill / Tax Paid receipt
  • No objection letter from the owner of the company property if leased

Shareholders and Directors have to submit their identity proof and latest address proof

  • Acceptable Documents
  • Primary ID: Permanent Account Number (PAN) (Mandatory in case of Indian Nationals) PASSPORT (Mandatory in case of Foreign Nationals )
  • Additional ID: Aadhaar Card or Driving License or Passport or Voter ID
  • Latest Address Proof: Telephone Bill, electricity bill, bank statement or bank passbook with the latest entry not older than 60 days

The stakeholders need to apply for the Certificate of Commencement of Business within a period of 180 days of receiving the Certificate of Incorporation.

Registration Requirement

To register a Producer Company in India in compliance with the Companies Act, 2013, the company requires the following shareholders in any combination given below: