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.
To register a producer company online in India, you must meet the following eligibility criteria:
The objectives of producer companies are defined in Section 581B of the Companies Act of 2013. These objectives include:
Credfy can help you to complete the FPO registration online in just 4 easy steps:
Begin by consulting with experts from Credfy to understand the FPO registration process, its requirements, and the benefits of forming an FPO.
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.
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.
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.