Producer CompanyREGISTRATION
(Online Process/Free Consultation)
Register your Producer Company in anywhere in India. Our dedicated team of professionals at Legal Time will help you to register your Producer Company.
Producer Company Registration
What is Producer Company Registration?
A producer company is basically a company registered to deal with the primary production of its active member related to farming. The main objective includes production to its selling and exporting & to deal with agricultural activities and post-harvest processing activities.
In India, Producer Company can be set up by the 10 or more individuals or by the combination of 10 or more individuals and 2 institutions. It is mainly a cluster of farmers who come together to improve their income and standard of living. Producer Company is a kind of body corporate whose main objective is defined under Section 581B of the Companies Act 1956.
PRODUCER COMPANY REGISTRATION PROCESS IN INDIA
Step 1: Name Approval
For registering the Producer Company name, an application is filed with the prescribed fee in RUN (Reserve Unique Name) form with the registrar of companies.
Step 2: Digital Signature Certificate (DSC)
All proposed directors of the Producer Company must have a digital signature that will be used to file the online Company Registration application.
Step 3: Submission of Final Incorporation form (SPICe) along With MOA & AOA
We will submit final incorporation application in SPICe form along with MOA & AOA to MCA. After verification of the incorporation form, Certificate of Incorporation is issued by the ROC along with PAN & TAN.
Step 4: Bank Account
Open your bank Account and Launch your business.
Benefits
A Producer company is a separate person having its own rights & obligations. The identity of a Producer Company is distinct from that of its members.
Every member can initially receive only the value of the produce as determined by the Board. The withheld price may be disbursed later in cash or by allotment of equity shares. The members are eligible only for limited return but can also be allotted bonus shares. The surplus can also be disbursed as patronage bonus.
Through the filing of simple forms with the concerned ROC, we can make changes in the Board of Management of a producer company swiftly.
A registered producer Company enjoys many tax benefits as well.
Get a free consultation for Producer company registration by scheduling an appointment with Legal Time.
Why Choose us
1. STARTUP’S FIRST CHOICE
We ensure startups to focus on their project and leave all the legalities and documentations to us. From our technology driven platform and on time delivery startups prefer us to do Company registration.
2. TECHNOLOGY DRIVEN PLATFORM
100% Technology driven platform to speed up your company registration process and make your life easy
3. BEST PRICING
We understand the value of money for startups. We offer complete transparency and affordable cost to startups.
4. 100% ONLINE SERVICE
Fully online service so that you can start and complete the process without running around from the comfort of your home or office.
5. EXPERT PROFESSIONALS
At Legal Time, we work only with experienced Chartered Accountants & Company Secretaries to handle your company registration.
Requirements
Documents Required
PAN CARD
Pan Card of Shareholders & Directors
PHOTOGRAPH
Latest Passport size photograph of Shareholders & Directors.
IDENTITY PROOF
Aadhar Card/ Voter ID/Passport/ Driving License of Shareholders & Directors.
ADDRESS PROOF
Latest Telephone Bill /Electricity Bill/ Bank Account Statement of Shareholders and Directors.
FOR REGISTERED OFFICE
Rent agreement
Utility bills-telephone, electricity, and municipal (Not older than 2 Months)
NOC From Owner.
Post Producer Company Registration Requirements?
GST (Goods and Service Tax) registration is required for Business with annual turnover exceeds Rs. 40 Lakhs (Rs 20 Lakhs for Northeast states).GST registration is mandatory for particular businesses like Export-Import, E-commerce, and Market Place Aggregator.
Trademark and Patent gives protection from infringement and duplication. With this, competitors cannot affect your brand and market value. The logo provides protection under the Trade Marks Act 1999.
Get a free consultation for Producer company registration by scheduling an appointment with Legal Time.