Producer Company Registration

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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

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.

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