Get Producer Company Registration with CLIQTAX @ Rs. 18999* /-

Important Points

  •    Offer Price: Rs. 18999* /- (No hidden charges)
  •    Regular Price: Rs. 21999/-
  •    Registration in 10 working days
  •    Complete online Process
  •    Satisfaction or Money Back Guarantee
Business Served

10000 + Business Served

Team of Experts

Team of Experts

Easy EMI Options

Easy EMI Options

* The above-mentioned government fee has been calculated on a minimum capital contribution of Rs.100000
* Stamp duty may vary from state to state
* Extra charges for NRI/Foreign directors, or an additional person or Foreign shareholding companies

Get your Producer Company Registration @₹ 18999.00* Only

How to Register A Producer Company in India?

CLIQTAX will help you register a Producer Company in five simple steps

Give us your details
Give us your details

A professional from CLIQTAX will contact you and verify the information provided

Apply for DSC and DPIN
Apply for Digital Signatures

We will obtain Digital Signatures (DSC) and DIN for both the Directors

Apply for Name Reservation
Apply for Name Reservation

Our experts will check for name availability and apply for company name approval

Submit the documents
Submit the documents

Our team will draft all documents, prepare the application & submit it to ROC for registration

Certificate of Incorporation
Certificate of Incorporation

Get the Certificate of Incorporation, open the company bank account and start your business.

Registration of Producer Company Online- All you need to know

 

REGISTER A PRODUCER COMPANY AT LOW PRICES WITH THE HELP OF OUR EXPERTS AT CLIQTAX.

A Producer Company is formed with the goal of organizing a group of marginal farmers and securing larger economies of scale. The object of a Producer Company may be one or more of the following: production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit. A Producer Company is a combination of Company and Co-operative Society accommodating the unique elements of cooperative business and the efficiency and regulations of a company.

A producer company can be formed by 10 or more individuals as producers or any two or more producer institutions or a combination of 10 or more producers and producer institutions. A producer company requires a minimum capital of Rupees 5,00,000 and the number of directors should lie between 5-15.

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Agriculture is the backbone of Indian Society. More than half (58%) of the population of India is indulged in agriculture and related activities but contributes to only 17 percent of the Gross Domestic Product. A Producer Company is a company registered under the Companies Act, 2013 and deals primarily with agriculture and post-harvest processing activities. This type of company is ideal for primary sector producers or agriculturalists who can be empowered through access to inputs, credit, technology and the market. 

Benefits of registration of producer company

Registering a company helps you to build trust in the customer’s mind. A customer always feels safe and assured while dealing with a registered entity. It offers multiple other benefits which are as follows

  •    A registered company increases the legitimacy of your business.
  •    Separate legal entity status- protection from personal individual obligation and other risks and losses.
  •    Easy to get funds- Investors prefer to invest in private limited company
  •    Tax Benefits- If turnover of producer company is 100 crores, 100% tax deduction is applicable
  •    Attracts more clients- National as well foreign customers
  •    Procures bank credits and good investment from reliable investors with ease.
  •    Offers liability protection to safeguard the company’s assets
  •    Larger capital contribution and greater stability
  •    High potential to grow big and expand
  •    Perpetual Succession - A producer company does not dissolve on death or insolvency of its members
  •    Easy Transferability - The Board of management and the shares of a producer company can be easily transferred.
     
Additionally, you will also get a Current Account for your Company - Powered by RBL Bank *

Checklist for Registering a Producer Company in India

As defined under the Companies Act 2013, the following requirements have to be met for registering a company.

01
Minimum 10 individuals required

At least 10 or more persons or two or more producer institutions or a combination of these are required to register a producer company.

02
Unique Company Name

The proposed company name must be a unique & should not match with any existing brand name or trademark in India. The name of the company should end with “Producer Company Limited.”

03
Minimum 5 Directors

There should be a minimum of 5 Directors appointed in a Producer company but no more than 15 Directors should be appointed.

04
Minimum 5 Lakh Capital Required

Atleast 5 Lakh minimum paid up capital is required for a producer company.

05
Company’s Registered Office

A registered office address is required along with valid address proof and pin code to register a company in India. The company can also be registered on a residential address.

 

If you have any question, feel free to mail us at


How to Register a Producer Company Online - A detailed registration process

Here are the few simple steps to be followed to register a producer company

Submission of documents

Submission of documents

Apply for DSC/DPIN

Apply for DSC/DPIN

Apply for Name approval

Apply for Name approval

E-MOA & E-AOA Filing

E-MOA & E-AOA Filing

Get approval

Get approval

GST Registration

GST Registration

Payment gateway

Payment gateway

Start your business

Start your business

Why Choose CLIQTax

CLIQTAX believes at rendering premium services and delivering it in a quick manner. The incorporation services shall be delivered following the SPICe route.

Customer Satisfaction
Customer Satisfaction
Transparent Pricing
Transparent Pricing
Technology Platform
Technology Platform
Payment Security
Payment Security
Timely work completion
Timely work completion
All time consultancy
All time consultancy

Selecting a Company name before Registration

The first step in getting a Producer company registered is to choose a unique name for the company which the customers will easily identify and relate with. But now-a-days, selecting a company name or brand name has become difficult as one has to be sure that the name has not already been taken up by some other business. Moreover, the website domains and trademark are not available if one wants to host a website with the same name or use the name as brand of the product or services.
It is therefore advisable to come up with 3 to 4 company names when you decide to form a company. Our experts will check your chosen company names on MCA and Trademark database to select the best company name or brand name. Subsequently you can book a website domain as well as trademark registration to secure your brand.

Kindly note that it is always the concerned authority or concerned officer’s discretion to approve the company name which has been applied for. As per the name availability rules and regulations under Companies Act, 2013, MCA is the final authority to approve or reject the name approval application.
If your preferred name is already reserved or not available due to some other reason but the website domain or trademark is available, in that case you can use the desired website domain & get it registered under trademark to secure your company brand & get the company registered under some other available name.

It is important to remember to put “Producer Company Limited” at the end of the Company name.

Documents & Information required for Producer Company Registration

In India, one can register a producer company with proper identity proof and address proof for all the directors and members of the company to be registered.
Following are the list of documents and information required to proceed for online company registration

For Partners

For Directors

Identity and Address Proof- Only scanned copy required


For the foreign nationals, an apostilled or notarized copy of the passport has to be submitted compulsorily. All the documents submitted should be valid. The residence proof documents such as the electricity bill or bank statement must be less than 2 months old.

Registered Office Proof- Only scanned copy

Registered Office Proof- Only scanned copy

Following is the list of documents required to be submitted for the registered office of the company


Note : It is not necessary to have a commercial space as registered office of the company you can use your house address as registered office for communication purpose as well.

How does CLIQTAX help you in registering your Company in India?

You can get a producer company registered from the comfort of your own home. You don’t even need to come out to visit the offices of any professionals to get this work done. This process is completely online & our experts will help you get this registration completed over call within 8 to 10 working days. During the process we will keep you updated about the developments.

Frequently Asked Questions (FAQs)

Q. What is a Producer Company?

A.  

The concept of Producer’s Company was introduced in the year 2002 with a view to uplift the status of farmers. It is a legally recognised body of farmers that is engaged in the activities of production, harvesting, procurement, grading, pooling, handling, marketing, export, selling, etc. It brings together unorganized marginal farmers to give them an opportunity to form a company for their benefit.

Q. What does a ‘Producer Institution’ mean?

A.  

A “Producer Institution” means a producer company or any other institution having only producers, farmers or agriculturalists or Producer Company or Producer Companies as its member whether incorporated or not having any of the objects referred to in section 581B and which agrees to use the services of the Producer Company or Producer Companies as provided in its articles.

Q. What is primary produce as defined in the Companies Act, 2013?

A.  

Primary produce has been defined under the Companies Act 1956 as a produce arising from agriculture by a farmer which includes animal husbandry, floriculture, horticulture, viticulture, pisciculture, re-vegetation, bee raising, forestry, forest products and farming plantation products, produce of hand-loom, handicraft and other cottage industries.

Q. What types of businesses can register as Producer Companies?

A.  

The following businesses can register themselves as a producer company
Production Businesses - these companies carry out production, procurement or manufacture of any primary produce for its members (for further sale) and to others.
Production Businesses - Marketing Businesses- these companies are employed in marketing or promotion of primary produce or engaged in educational services to members and others.
Technical Service Businesses - These offer technical assistance to producers, give training and educational services or conduct research and development.
Financing Businesses - These companies finance producer activities, usually in the production, marketing or development area.
Infrastructure Businesses - these are engaged in providing infrastructure to producers, in the form of electricity, water resources, irrigation techniques, land utilisation, or consultation for the same.

Q. What is the time required for setting up a producer company in India?

A.  

After submission of all the required documents & information, the MCA usually takes 2 to 3 working days to respond to our application. On an average it takes 8 to 10 working days to complete the registration process & immediately after that you can start your business.

Q. What is the Director Identification Number (DIN)?

A.  

An individual who wishes to be appointed as a Director in any Company or Designated Partner in an LLP, he or she must first apply for a Director Identification Number. An application can be filed in form DIR-3 with MCA for allotment of Director Identification Number.
It must be noted that an individual can’t have more than 1 DIN. Director Identification Number (DIN) is a unique number allotted by the Ministry of Corporate Affairs to an individual.

Q. What is Paid-up Capital and Authorized Share Capital?

A.  

Paid-up share capital refers to the actual amount raised by a company; i.e. amount paid by the shareholders on the issuance of shares. Whereas authorised share capital can be defined as the maximum amount of share capital that a company can raise by way of issuance of shares at present or in the future. It is also possible to increase the authorised share capital to raise more paid-up share capital by way of issuance of shares.
Anyone can register a producer company in India by any amount of paid-up share capital not exceeding the amount of authorized share capital. It must be noted that amount of paid-up share capital can be less or equal to the authorized share capital but can’t be more than the amount of authorised share capital in any case.

Q. Can NRIs / Foreigners hold shares by way of investment in a Producer Company

A.  

Yes, NRIs or foreigner nationals can become shareholders or directors by way of investment in a producer company subject to Foreign Direct Investment (FDI) guidelines. But such a person can be considered as a director only when there is one director who is a Resident of India. Additional documents would be required which are

  •    A Copy of Passport which is attested by the Consulate of Indian Embassy or Foreign Public Notary.
  •    A Copy of Driving License/ Bank Statement or copy of Electricity Bills or any Property Tax Payment Receipt which is attested by Consulate of Indian Embassy or Foreign Public Notary.

RBI approval is required for foreign capital contribution. Additional charges will be applicable for RBI approval. Our experts at CLIQTAX will advise you on the applicable charges.
However, a company will be deemed as a foreign company if the foreign contribution is above 50% of total capital contribution.

Q. Is stamp duty payable during the company registration process?

A.  

Yes, Stamp duty charges are imposed by the state in which the registered office of the company is proposed to be located. The charges are on MOA, AOA & application form.
Our charges are covered under the plan for all the states except Kerala, Punjab & Madhya Pradesh.
Our experts will guide you on additional charges applicable, if any, for Kerala, Punjab & Madhya Pradesh.

Q. What are the requirements to form a Producer Company?

A.  

The following requirements should be met to form a producer company

  •    10 or more Producers
  •    Minimum paid up capital of 5 lakhs
  •    5 Appointed Directors
  •    Share capital of equity shares only
  •    Maximum 15 directors
  •    A full time CEO appointed by Board
  •    No maximum limit of members
  •    Should not form a public company
  •    At least four Board meetings every year
  •    A gap of 3 months between two meetings
  •    A place of business in India as a registered office address.
  •    KYC documents (PAN card & Aadhaar card of all directors)
  •    E-mail id & Mobile number for all directors

Q. Can a Producer Company have Foreign Nationals or NRI as its directors?

A.  

Yes, an NRI or Foreign National can become a director of a producer company after acquiring Director Identification Number (DIN) or Designated Partner Identification Number (DPIN). However, at least one director or designated partner in the Producer Company must be a Resident of India.

Q. Which activities are allowed to be carried out by a producer company?

A.  

The following activities are allowed to a Producer Company as defined in the Companies Act, 2013

  •    Production, harvesting, processing, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefit.
  •    Rendering technical services, consultancy services, training, education, research and development and all other activities for the promotion of the interests of its Members;
  •    Generation, transmission and distribution of power, revitalization of land and water resources, their use, conservation and communications relatable to primary produce;
  •    Promoting mutual assistance, welfare measures, financial services, insurance of producers or their primary produce

Q. How to file an application to reserve the proposed company name?

A.  

An applicant can file the maximum of 2 names with their order of preference under RUN form on MCA portal along with the details of nature of business to be carried out. The applicant should comply with the provisions of the Act or regulations.
The registrar may ask to re-submit the application with a different name if the names do not fall under the criteria of uniqueness, relevancy or do not fulfill other requirements.

Q. Who can be appointed as a Director in a Producer Company?

A.  

Any individual above the age of 18 years can be appointed as a director in the company after getting the Digital Signature Certificate (DSC) & Director Identification Number (DIN).
Even a foreign national can also become a director in a producer company. There is no specific criteria prescribed in terms of his/her citizenship or residency. Now-a-days DIN gets allotted at the time of company registration subject to a limit of maximum 3 DIN. If more people require a DIN application, it can be filed separately in form DIR-3 with MCA.

Q. What is a Digital Signature Certificate? Who can apply for it?

A.  

From incorporation to regular annual filing, there are multiple e-forms prescribed under MCA which are required to be digitally signed & submitted to the Ministry of Corporate Affairs. Digital Signatures can be used for filing purposes only such as MCA Filing for Company Incorporation, Annual Filing etc. It can also be used for GST Registration & Returns filings, Income Tax filings etc.
MCA has authorised certain authorities to issue Digital Signatures Certificates in the form of a token. DSC can be issued in 2 forms, one is class-2 digital signature certificates & another one is class-3 digital signature certificate.

Q. Can we register a producer company at the residential address?

A.  

Yes, it is possible to use a residential address for a Producer Company registration to receive official communication from authorities such as MCA, Income Tax, GST department etc.

Q. Is physical presence required during the registration process?

A.  

No, the Company registration process is completely online. So, none of the promoters/directors are required to visit physically at any place. All required documents & information can be sent through e-mail or uploaded on our portal for filing.
Self-attested scanned copies of all documents & relevant information are required along with your authorisation to submit an application before the authority on your behalf.
All the forms are filed online on the MCA web portal, application & documents are digitally signed & submitted before the authority for approval.

Questions? Need Help of a Professional

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Email us info@cliqtax.com