Business Registrations & Approvals

Fee Structure

Total : 5000/- INR

Producer Company Registration

A company can be defined as a natural legal entity that is formed by an association or a group of people who work together towards achieving a common objective. It can be in the form a commercial enterprise or an industrial enterprise. It has some of important features such as separate legal entity, perpetual succession, limited liability and a common seal. However, for the purposes of taxation, registration and ascertaining the liability of the company, it has been further divided into other types.

A producer company is a legally recognized body of farmers or agriculturists that aim at improving their standard of their and to bring in better governance by channelizing the agricultural activities. The main objective of a producer company is to facilitate the formation of co-operative business as companies and to convert the existing co-operative business into companies. The producer company is required to have its business objectives as one of the following: Procurement, production, harvesting, pooling, marketing and selling.

Main requirements for incorporating a Producer Company:

  • A minimum of 10 or more producers or any 2 or more producer institutions can form a producer company.
  • A minimum capital of Rs. 500,000 is mandatory to incorporate a producer company.
  • There should be a minimum of 5 directors and maximum of 15 directors in a producer company.
  • It cannot be converted into a public company.
  • These companies must use the term “Producer Limited Company” at the end of their name.

Documents required for registration:

  1. PAN card of all the directors
  2. Address proof of the company
  3. Photograph of all the directors

Advantages of registering as a Producer Company:

  • Initially, the members of the producer company will receive the value for the produce pooled and supplied as determined by the directors. It will be paid in the form of cash, kind or equity shares.
  • The members will also be entitled to receive a bonus shares in equal proportion to the shares held by them.

Procedure for registering as a Producer Company:

  1. Obtain a DSC (Digital Signature Certificate) and DIN (director identification number)
  2. Reserve the company name by filing an application
  3. Submission of Memorandum of Association (MOA) and Articles of Association (AOA)
  4. Receiving the Company incorporation certificate

Service Delivery Process followed by White Code Legal:

  1. The Client has to register themselves on our website.
  2. Once the Client is registered, we raise a Service Request.
  3. The Client receives a proforma invoice with an option to confirm and pay now or pay later
  4. Once the Client confirms, our dedicated relationship manager liaisons with our experts and clients shares a list of client information required to deliver the service.
  5. Once we receive the information, we take the required steps to deliver the service and the service request is closed.

Service Inclusions

  • Professional Fees

Service Exclusions

  • GST, Government Fee and other Additional Taxes

Why White Code Legal?

At White Code Legal we prioritize and always strive to deliver client satisfaction. Keeping focus on maintaining affordable prices and delivering excellence we aim to make worth of every penny our clients spend with us, and build a lasting relationship with our them.