Producer Company

Know More About Producer Company:

The outright solution for starting a Producer Company with at least ten producers which includes incorporating a company as a Producer Company. You can get a Producer Company incorporations with AapkaTax from Rs. 69899/- onwards.

What Does a Producer Company Registration Includes:

A Producer Company can easily be registered under the Companies Act, 2013, and has the main aim which involves all the following which goes like production then harvesting and procurement followed by pooling, grading, marketing, handling, selling and import of goods or services for the benefit of the members or export of primary produce of the Members . Basically, produce are things that have been grown or produced in particular by farming. Hence, it approach is primarily with agriculture and post-harvest processing motions.

In India, around 85% of the Farmers are marginal and small; that is, farmers having land holdings of lesser than two hectares. This decentralization in farmers and land distribution, undergoing to disarray and that is not beneficial for Indian farmers to affiliate to the latest technologies. By configuration of the farmers into producer companies, unlocking abridgement of large scale and improving the livelihood of the farmers. Thus, it aims at empowering farmers by initiating array of farmers formulated as a Producer Company.

Documents Required to Register for a Producer Company:

Identity and Address Proof
Identity and address proof of all directors and shareholders of the company will be required for registration. Also for, Indian nationals, PAN is mandatory. For foreign nationals, an apostilled or notarized copy of passport needs be submitted compulsorily. All documents submitted must be valid and the residence proof documents such as bank statement or electricity bill must be less than 2 months old.

Registered Office Proof
The companies must necessarily have a registered office in India of which they need to provide a recent copy of the of the electricity bill or property tax receipt or water bill. Also, along with the utility bills, a copy of the rental agreement or sale deed and a letter from the landlord with his/her consent to use the office as a registered office of a company needs to be submitted.

Hence, these are the mandatory documents:
1. Identity proof of partners
2. Address proof of partners
3. Address proof for registered office in India
4. Signed incorporation documents