Producer Company Registration

Producer Company Registration

What is a Producer Company?

A Producer Company is a legally recognized company formed by a group of farmers, producers, or agriculturists to improve their income, productivity, and business opportunities. It combines the benefits of a cooperative society and a private limited company under the Companies Act, 2013.

Why Register a Producer Company?

  • Legal identity for farmers and producers.
  • Helps raise capital and access government schemes.
  • Promotes collective farming, procurement, processing, and marketing.
  • Limited liability and structured governance.
  • Profit-sharing among members.

Documents Required

  • PAN Card of all Directors & Members
  • Aadhaar / Voter ID / Passport / Driving License
  • Passport-size photographs
  • Electricity bill or utility bill of the registered office
  • Ownership proof or Rent Agreement with NOC
  • Director Identification Number (DIN)
  • Digital Signature Certificate (DSC)

Registration Process

  • Step 1: Obtain Digital Signature (DSC) for all proposed directors.
  • Step 2: Apply for DIN (Director Identification Number).
  • Step 3: Reserve company name via RUN form on MCA portal.
  • Step 4: Draft MOA & AOA with Producer Company objectives.
  • Step 5: File SPICe+ form along with all required documents.
  • Step 6: MCA verifies and issues the Certificate of Incorporation.

Frequently Asked Questions

At least 10 individuals (producers) or 2 producer institutions are required to form a Producer Company in India.

Yes, a Producer Company can take loans or credit facilities for its members and operations, subject to compliance with RBI and MCA norms.

There is no specific minimum capital requirement, but ₹5 lakh is generally recommended to meet operational and compliance costs.

Yes, profits can be distributed as patronage bonus or dividend to members based on their participation and shares held.