Producer Company Registration in India
A Producer Company is a legally recognized corporate body of farmers and agriculturists, established with the primary objective of enhancing the livelihood, income, and overall standard of living of its members. Registered under the Companies Act, a Producer Company can be formed by:
- ✔ 10 or more individuals (producers)
- ✔ 2 or more institutions
- ✔ A combination of 10 individuals and 2 institutions
The company must be engaged in activities such as:
- Procurement
- Production
- Harvesting
- Grading
- Pooling
- Handling
- Marketing
- Selling
- Export of primary produce of members
- Import of goods/services for the benefit of members
The main purpose of a Producer Company is to provide farmers with a structured platform to collectively manage their resources, enhance profitability, and transform traditional co-operatives into more efficient corporate entities.
Key Features & Checklist for Producer Company in India
- ✔ Minimum 10 individual producers can form a Producer Company (no upper limit on members)
- ✔ Alternatively, 2 or more producer institutions can incorporate it
- ✔ Minimum paid-up capital of ₹5,00,000 is required
- ✔ At least 5 Directors are mandatory (maximum 15 allowed)
- ✔ Cannot be converted into a Public Limited Company but may be converted into a Multi-State Co-operative Society
Documents Required for Producer Company Registration
- PAN Card / Passport / Voter ID of all Directors and Shareholders
- Latest Bank Statement / Utility Bill (as Address Proof)
- Passport-size Photographs of all Directors and Shareholders
- Aadhaar Card / Driving License / Passport of each Director
- Proof of Registered Office Address:
- For rented property: Rent Agreement + NOC from owner
- For owned property: Copy of Property Papers
Step-by-Step Process of Producer Company Registration
- Obtain DSC & DIN – All Directors must first obtain a Digital Signature Certificate (DSC) and Director Identification Number (DIN)
- Name Reservation – Apply to the Registrar of Companies (ROC) with up to 6 name options. The name must end with “Producer Company Limited”
- Drafting of Documents – MoA, AoA, Form INC-8 declaration, Affidavits, Office Address Proof, Directors’ consent (DIR-2, DIR-8)
- Filing with ROC – Submit incorporation forms (INC-7, INC-22, DIR-12) with required documents
- Certificate of Incorporation – ROC issues the Certificate of Incorporation, officially recognizing the Producer Company
Why Choose Taxation Point India for Producer Company Registration?
At Taxation Point India, we provide end-to-end support for Producer Company Registration, including:
- ✔ Expert drafting of MoA & AoA tailored to agricultural and producer objectives
- ✔ Complete assistance with DSC, DIN, Name Reservation & ROC filings
- ✔ Guidance on compliance with the Companies Act and producer-specific laws
- ✔ Hassle-free processing until the Certificate of Incorporation is obtained
With our professional expertise, producer groups and farmer institutions can focus on their core activities while we ensure smooth, legally compliant registration.