Producer Company Registration With Firm Registration
- Ideal for agricultural activities
- For producers and farmers
- Simple & Secure Online Process
- Dedicated Professional
- Get Registration in 10-15 Days
- Get Post Incorporation Assistance
Introduction
Tax And Services Producer Company is a specialized business entity registered under the Companies Act, 2013, as a Producer Company. This unique form of organization is designed to uplift the economic status of farmers and producers by providing them with a cooperative structure that facilitates collective production, marketing, and processing of agricultural products.
Tax And Services Producer Company is established with the primary objective of promoting the interests of its farmer and producer members. It operates on the principles of cooperation and collective action, aiming to enhance the income and overall well-being of its members engaged in agricultural and related activities.
Advantages of Producer Company
Collective Bargaining Power
By coming together under the umbrella of a Producer Company, farmers and producers can negotiate better prices for their agricultural produce.
Market Access and Linkages
Producer Companies facilitate improved market access for their members. They establish direct linkages with markets, processors, and other stakeholders in the agricultural value chain.
Economies of Scale
The collective nature of Producer Companies allows for economies of scale in various aspects of agricultural activities.
Value Addition and Processing
Producer Companies often engage in value addition activities such as processing, packaging, and branding of agricultural products.
Risk Mitigation
Members of Producer Companies benefit from risk mitigation strategies. By sharing resources, knowledge, and experiences, farmers can collectively address challenges such as crop failures.
Access to Credit and Financial Support
Producer Companies can act as a platform for members to access credit and financial support. By pooling resources, members can secure loans, grants.
Minimum Requirements
Minimum Five persons as Director and maximum fifteen
One person should be appointed as a full time Chief Executive Officer
Minimum ten or more individual and each one of them being persons as Members; or two or more producer institutions or combination thereof.
Minimum Paid Up Capital requirement – 5 Lakhs
In case of foreign Entity or individuals opting to incorporate Producer Company; Minimum one Director shall be Indian resident
Director Identification Number if available
Documents Required for Incorporation
PAN Card
of the Member and Directors of the proposed Company
Passport
in case of Foreign Nationals
Identity Proof
of the Member and Directors of the proposed Company (Aadhar /Voter ID/Driving License/Passport)
Address Proof
the Member and Directors (Utility Bill/Telephone Bill/Mobile Bill/Bank Statement not older than two months)
Latest
passport size photograph of Member and Directors
Producer Card
of Members
Process of Incorporation of Nidhi Company
1. Complete the Application Form
2.Document Processing
3. Application for DSC
4. Name Availability
5. E-filing for incorporation of a Company
6. Get Certificate of Incorporation