Chat With Us

Producer Company Registration

Opt for hassle free producer company incorporation

MOA and bylaw Drafting , documentation and ROC filling done by experts

What is Producer Company Incorporation

Producer company registration is forming a producer company under the Companies Act of 2013. Producer companies are special types of businesses formed by farmers and other agricultural producers to help them market and sell their products more effectively. They have limited liability for their members, which means that the members are not personally responsible for the debts and liabilities of the company.

Documents Required for FPO Registration

  • Applicant's PAN
  • PAN card of all members and directors
  • Aadhaar card of all members and directors
  • Passport-size photographs of all members and directors
  • Registered office address proof (such as electricity bill, gas bill, or rent agreement)
  • Memorandum of Association (MoA)
  • Articles of Association (AoA)
  • Digital Signature Certificates (DSCs) of all directors
  • No Objection Certificate (NOC) from the landlord of the registered office premises (if applicable)
  • Copy of the Producer Certificate issued by the District Horticulture Officer (DHO) or any other competent authority (if applicable)
  • Copy of the registration certificate of the producer organisation (if applicable)

Eligibility Criteria for Farmer Producer Company

To register a producer company online in India, you must meet the following eligibility criteria:

  • There must be at least 10 producer individuals or at least 2 producer institutions as members.
  • There must be at least 5 directors.
  • The company must have a minimum capital of Rs. 5 lakhs.
  • The company's name must end with the words 'Producer Limited Company'.
  • The company must have a registered office address in India.

Benefits of FPO Registration

Limited liability for members
Access to government subsidies and grants
Easier access to credit from banks and financial institutions
Increased bargaining power with buyers
Improved efficiency and productivity
Better access to
markets

Producer Company Registration Objectives

The objectives of producer companies are defined in Section 581B of the Companies Act of 2013. These objectives include:

  • To provide benefits to its members by undertaking activities related to the production, harvesting, procurement, grading, pooling, handling, marketing, and selling primary agricultural produce.
  • To provide financial services to its members, such as extending credit facilities and providing insurance.
  • To provide educational and technical services to its members.
  • To promote mutual assistance and cooperation among its members.
  • To undertake other activities that benefit its members and the agricultural sector as a whole.

FPO Registration Process Through Credfy

Credfy can help you to complete the FPO registration online in just 4 easy steps:

Talk to Experts

Begin by consulting with experts from Credfy to understand the FPO registration process, its requirements, and the benefits of forming an FPO.

Produce Documents

Our team will gather and prepare the necessary documents for the registration process. These documents may include the FPO's proposed bylaws, details of its members, and other legal documentation.

Our Experts Will File Application

Once the documents are ready, our experts at Credfy will guide you through the process of filing for incorporation. This involves submitting the required paperwork to the appropriate government authorities.

Producer Company Registration FAQ's

A producer company is a type of corporate entity formed by farmers, artisans, or other producers, with the primary objective of collectively carrying out activities related to production, harvesting, procurement, grading, pooling, handling, marketing, selling, or export of primary produce.

Any group of ten or more individuals or two or more producer institutions or a combination of both can form a producer company. These individuals or institutions should be involved in activities related to primary produce.

Legal recognition and protection.

Limited liability for members.

Access to institutional finance.

Better marketing opportunities.

Improved bargaining power in the market.

Increased credibility and trust among stakeholders.

Obtain DSC Certificate and Director Identification Number (DIN) for proposed directors.

Reserve a suitable name for the company through the Ministry of Corporate Affairs (MCA).

Prepare the Memorandum of Association (MOA) and Articles of Association (AOA).

File the incorporation documents along with the required fees to the Registrar of Companies.

Obtain the Certificate of Incorporation from the RoC.

No, there is no restriction on the maximum number of members in a producer company.

Customer Testimonials

“ Credfy have been a huge help to our business since we have worked with them. They are a really friendly and professional team and always quick to respond. Thank You. ”

Kumkum Nanda

Product Manager

“ Credfy payroll and bookkeeping services have helped massively during our first 2 years business. Without their monthly support, we would not nearly be as efficient.”

Sanjay Singh

C.E.O, Yugal India Pvt. ltd

Customer Testimonials

“ Credfy have been a huge help to our business since we have worked with them. They are a really friendly and professional team and always quick to respond. Thank You. ”

Kumkum Nanda

Product Manager

“ Credfy payroll and bookkeeping services have helped massively during our first 2 years business. Without their monthly support, we would not nearly be as efficient.”

Sanjay Singh

C.E.O, Yugal India Pvt. ltd

About Us Privacy Policy Terms & Conditions Disclaimer Career
Financial & Legal Services
Banking Services
Start A Business
Trademark & Copyright
GOVT REGISTRATION
Our Valuable Services
Credfy.in: Legal Information for Indian businesses

Credfy.in has been a one-stop solution for any business or entrepreneur looking for a lawyer, chartered accountant or company secretary. We have been particularly instrumental in ensuring startups are fully compliant with India`s labyrinthine legal system. Over the past five years, the depth of our offerings, connection with reliable professionals, affordable prices and customer satisfaction has made us the largest online facilitator of legal services in India. We have already served over 120,000 customers and have a steadily growing network of over 1000 professionals from all the major cities (particularly the metros of Mumbai, Bangalore, Chennai, Delhi and Kolkata) on our online platform. In 2016, we launched Libra, a law practice management software, for legal professionals across India.

Starting a Business

Many founders are confused about what kind of entity to register when they start their business. Should it be a private limited company,limited liability partnership , partnership firm, one person company or a sole proprietorship. Each of these has very specific advantages and disadvantages. There is no one type for all businesses. A private limited company registration, for example, would be a good fit for any venture that will look for funding at a later stage. You can contact Credfy.in for all the advice you need. We assure you of great service at a reasonable price. You can find a company name availability here.

Intellectual Property

In modern business, there is no other asset as valuable as intellectual property, and yet so many startups end up neglecting it. But this is surely not advisable, as trademarks, copyrights and patents ensure that you have sole rights to your creation, be it your brand, your designs or your inventions. At Credfy.in, we are well equipped to handle all your IP requirements. We facilitate trademark applications in just three days,copyright registration for all your software, pictures, audio and video content, and can connect you to patent attorneys to conduct a patent search and file your patent applications. You can find a Trademark availability here.

Government Registrations

In India, you need a license for everything in business. Started a manufacturing business? You need aGST Registration and a Trade License. For a food business, you need an FSSAI license. Have employees? You need a Professional Tax registration and Shops & Establishments Act Registration. If that`s not enough, you also need to file GST Returns and Professional Tax Returns.

Legal Documentation

The worst way to approach business is to just get into new partnerships and arenas without examining consequences. By getting a lawyer to draft contracts or agreements with new vendors, employees and investors, you`re ensuring that you have all the downsides covered. At Credfy.in, we connect you to lawyers who will deliver complex documents, fromshareholders agreements and founders` agreements to terms of service/privacy policy and non-disclosure agreements, at a reasonable cost in a few days` time. Well-known startups, such as Holachef and Big Basket, have chosen to connect with a lawyer through us for their documentation work.

Mandatory Compliance

It`s not enough to have started a private limited company or an LLP. You need to comply with all the requirements of the Ministry of Corporate Affairs and Income Tax Act once you do. You need to inform them of every relevant change you make, whether it is adding a director, removing a partner or increasing authorised share capital. You also need to file annual returns and maintain your accounts. In the case of a private limited company, you even need them audited. At Credfy.in, we facilitate all these services completely online. Which means you can engage a professional on retainer for the year and we`ll ensure that all the formalities are completed for you while you focus on your business.

Libra for Lawyers

The legal fraternity in India comprises largely independent lawyers and small law firms with under five partners. Such practices have a difficult time managing their practices efficiently. Our law practice management software Libra is, therefore, a game-changer, as it will enable lawyers to single-handedly manage their practice. It gives them 24-hour access (on mobile and desktop) to their clients, cases, schedule, bill payments and even nation-wide judgements.Software for lawyer`s offices will have a huge impact on any area of the practice.

© Credfy. 2024 AVC Dotfy LLp. All Rights Reserved.