Breif
A Producer Company is a special type of company designed to empower producers by pooling resources for production and marketing. It offers limited liability, professional governance, and easier access to funding, making it an ideal choice for farmers and primary producers seeking to grow their business collectively.
Overview
A Producer Company is a corporate entity formed by a group of producers, such as farmers, artisans, or manufacturers, to collectively engage in activities related to production, harvesting, procurement, processing, marketing, or selling of their products. It combines the benefits of cooperative societies and companies, offering limited liability, separate legal status, and access to better resources and markets. Registered under the Companies Act, 2013 (India), Producer Companies help improve the economic and business prospects of their members by providing professional management and better financial opportunities.
Process
Step 1 - Form a group of at least 10 producers as promoters.
Step 2 - Choose and reserve a unique company name with the RoC.
Step 3 – Apply for DSC : Obtain Digital Signature Certificates (DSC) for all subscribers/directors.
Step 4 – Document Preparation : Draft the Memorandum of Association (MoA) and Articles of Association (AoA).
Step 5 – Online Filing : Submit incorporation forms along with required documents to the RoC.
Step 6 – Certificate & Tax Details : Receive Certificate of Incorporation, PAN, and TAN for your company.
Step 7 – Address Proof Filing : Submit Form INC-22 with registered office proof (rent agreement, if applicable) within 300 days from the date of registration
Checklist
Details & Documents Required for Private Limited Company Registration
1. Proposed Company Details
- Four proposed company names
- Objective of the proposed company
- Authorized and paid-up share capital
- Equity shareholding percentage of subscribers
2. Documents for Subscribers & Directors
- PAN Card of all subscribers/directors
- Photograph of all subscribers/directors
- Identity proof: Aadhaar, Driving License, Voter ID, or Passport
- Mobile number and email of all subscribers/directors
- Address proof: Bank statement, Electricity bill, or any government-issued document in the name of subscribers/directors
3. Proof of Proposed Registered Office
- Latest utility bill (electricity, landline, water, etc.)
- For rented premises: Rent agreement in the name of the proposed company
Time Taken
Total Time: Approximately 7 days from the date of receipt of all documents.
- DSC Preparation: 1 day (can be done simultaneously with name approval)
- Drafting DIR-2 & Other Documents (MoA, AoA, declarations): 2 day
- Online Preparation & Filing : 1 day
- Certificate of Incorporation, PAN & TAN Issuance: 1 day
Deliverable
The following deliverables are included in the Biz Silver Plan. Deliverables for other packages may vary accordingly:
- Certificate of Incorporation
- Company Name Approval
- Director Identification Numbers (DIN)
- Digital Signature Certificate (DSC) for Directors
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- ESI/PF Registration
- Company PAN Card
- Company TAN Number
Why Choose Us
Bizeneed makes Producer Company registration smooth, timely, and hassle-free. We solve challenges proactively, guide you on future compliance and business planning, and maintain friendly yet professional communication. From name approval and MoA/AoA drafting to DIN, DSC, PAN/TAN, and registrations, we provide complete end-to-end support, ensuring your company’s growth and success.
FAQs
A Producer Company is a corporate entity formed by farmers, producers, or primary producers of agricultural, horticultural, or other produce, allowing them to collectively manage production, marketing, and procurement.
Any 10 or more individuals who are farmers, producers, or primary producers can register a Producer Company under the Companies Act, 1956 (Part IXA).
Yes, the minimum share capital required is ₹1 lakh for incorporation.
Yes, other companies, cooperative societies, and institutions engaged in similar activities can also become members.
Producer Companies combine cooperative principles with corporate benefits like limited liability, separate legal entity, and easier access to finance.
Obtain DSC & DIN for directors, reserve the company name, draft MOA & AOA, file incorporation forms with ROC, and obtain Certificate of Incorporation.
Typically 7–15 working days after submission of all required documents.
Yes, all designated directors must have a DSC for signing forms electronically.
Yes, once the Certificate of Incorporation and PAN/TAN are obtained, the company can begin operations.
No, a Producer Company is a unique entity and cannot be directly converted to a Private Limited or Public Limited Company.
PAN & Aadhaar of members/directors, proof of registered office, photographs, MOA & AOA, and incorporation forms.
Yes, the company must have a registered office with valid proof (ownership, rent agreement, or NOC).
Yes, PAN & TAN are required for taxation and compliance purposes.
Yes, changes in directors, registered office, or members must be filed with ROC.
Yes, Bizeneed assists with GST registration, bank account setup, and ongoing statutory compliance.
It provides limited liability, access to finance, collective decision-making, legal recognition, and better marketing opportunities for members.
Yes, including filing annual returns, financial statements, and compliance with ROC regulations.
Yes, profits can be distributed among members based on their participation and contributions.
Yes, it can be voluntarily wound up following Companies Act procedures.