A producer company is formed by 10 or more individuals dealing in agricultural or post-harvest activities. An individual who wants to start producer companies must be engaged in farming activities. A producer company is registered under the companies act 2013. Hence, this form of registration is also known as the Farmer Producer Company Registration.
A producer company is a legal entity that contains a wide legal capacity where the members have no liability to the creditors. The goal of a producer company is to improve the standard of living activities. Therefore, register producer company online anywhere in India @ Rs. 39, 999/- via walk2register.in.
Get the certificate of incorporation which is having a CIN of 21 digits within 30 days with the receipt of the documents required for company registration in India. This form of incorporation is the best for the business having an objective as one of the following:
The primary objective of the producer company is to facilitate the formation of a co-operative business. Mainly, the producer company is for farmers who want to get easy access to input production.
There are several benefits related to the member's benefits and tax benefits. Walk2register offers separate information about some advantages provided by a producer company. Find some exclusive benefits of the producer companies:
The majority of the companies anywhere in entire India demands almost the same documents for producer company registration.
The process of registering a producer company is similar to that of a private limited company. For the incorporation Producer company in India, there is a need for a minimum of 5 directors and 10 shareholders. Following procedure is involved to register a producer company: