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Private Limited Company Registration in India

Business Setup in India with a trusted structure that offers limited liability, easy funding, and professional credibility.

What is a Private Limited Company?

A Private Limited Company is one of the most popular business entities for startups and growing enterprises. It provides limited liability protection to its shareholders, ensures business credibility, and allows access to funding opportunities. Registered under the Companies Act, 2013, it is ideal for entrepreneurs who wish to build a scalable and legal business structure.

Why Register a Private Limited Company?

  • Limited Liability: Shareholders’ personal assets remain protected.
  • Separate Legal Entity: The company is independent from its owners.
  • Easy Fundraising: Attract investors and venture capital easily.
  • Perpetual Existence: The company continues even if ownership changes.
  • Credibility: Builds trust among customers and investors.

Overview

A Producer Company is a special type of company formed under the Companies Act, 2013 for farmers, producers, or agriculturists to work collectively. It allows small producers to come together and form a single business entity for marketing, production, or distribution of goods. Lawcify assists in complete Producer Company Registration across India with expert guidance.

It is ideal for rural entrepreneurs, agricultural businesses, or cooperatives who want to enjoy the benefits of a company structure while maintaining collective ownership. With Business Setup in India support from Lawcify, registering a Producer Company is simple and completely online.

Benefits of a Producer Company

  • Limited Liability: Members are only liable for the value of their shares.
  • Separate Legal Entity: The company is independent from its members.
  • Tax Advantages: Certain agricultural income is tax-exempt under the Income Tax Act.
  • Better Market Reach: Producers can market goods collectively, reducing costs.
  • Access to Funding: Easier to attract government subsidies, grants, and bank loans.
  • Professional Management: Directors manage the company on behalf of members for better decision-making.

Documents Required for Producer Company Registration

  • PAN Card and Aadhaar Card of all directors and members.
  • Passport-size photographs of all members.
  • Address proof (Voter ID / Driving License / Passport).
  • Proof of registered office (Electricity Bill or Rent Agreement).
  • Digital Signature Certificate (DSC) of all directors.
  • Director Identification Number (DIN) application if not available.
  • Memorandum of Association (MoA) and Articles of Association (AoA).

Producer Company Registration in India

A Producer Company Registration can be started with a minimum of 10 producers (individuals) or 2 producer institutions. The company must have at least 5 directors and an authorized capital of ₹5 lakh.

Lawcify ensures end-to-end assistance in preparing documents, obtaining DSC/DIN, and filing incorporation forms with the Ministry of Corporate Affairs (MCA). Once registered, the company gets a Certificate of Incorporation along with a unique Corporate Identification Number (CIN).

Our experts make the entire Company Registration Gurgaon process simple, transparent, and compliant with government guidelines.

Process of Registering a Producer Company

  1. Step 1: Collect KYC documents of all members and directors.
  2. Step 2: Apply for Digital Signature Certificate (DSC) and Director Identification Number (DIN).
  3. Step 3: Reserve company name using the MCA’s RUN service.
  4. Step 4: Draft and file incorporation documents like MoA and AoA.
  5. Step 5: Submit SPICe+ form with MCA for approval.
  6. Step 6: Receive Certificate of Incorporation and start operations legally.

Lawcify’s Virtual CFO Services and compliance support ensure your Producer Company remains fully compliant with MCA and taxation laws after registration.

Frequently Asked Questions on Producer Company Registration

Here are some of the most commonly asked questions about Producer Company Registration in India. These FAQs will help you understand the structure, process, and benefits of forming a Producer Company with Lawcify’s Business Setup in India services.

To register a Producer Company, at least five directors are required. Alternatively, two or more producer institutions or a combination of ten or more individuals and institutions can set up the company under the Companies Act, 2013.

The minimum capital required for Producer Company Registration is ₹5 lakh. Lawcify helps ensure that your capital structure meets MCA’s guidelines during registration.

Only primary producers can become members of a Producer Company. This includes people engaged in farming, fishing, forestry, dairy, or any other production-related business.

Yes, every Producer Company must get its accounts audited annually. The audit ensures financial transparency and compliance with government regulations.

Yes, an NRI or Foreign National can be appointed as a director, provided at least two-thirds of the board consists of Indian citizens. Lawcify assists NRIs in completing all compliance steps easily.

No, the entire Producer Company Registration process is online. Lawcify handles documentation and filing digitally through the MCA portal, saving your time and effort.

No, shares of a Producer Company cannot be freely transferred like other companies. They can only be transferred to another member with board approval to maintain internal control and focus on members’ welfare.

Generally, it takes 15 to 20 working days to register a Producer Company with Lawcify, depending on document accuracy and MCA approvals.

Each member can nominate a person to represent them in case of death or incapacity. The nominee is approved by the board and becomes entitled to the member’s shares and benefits under the company’s rules.

A Producer Company is classified as a private company under the Companies Act, 2013. However, it enjoys unique features such as having more than 200 members and focusing on agricultural and production-based activities.

Common types include Agricultural Producer Companies, Dairy Producer Companies, Fisheries Producer Companies, Forest Producer Companies, Handicraft and Handloom Producer Companies, and Mining Producer Companies. Each focuses on the collective production and marketing of specific goods or services.

To start a Producer Company in India, you need:

  • At least 10 individual producers or 2 producer institutions.
  • A minimum of 5 directors (2/3rd must be Indian citizens).
  • Minimum capital of ₹5 lakh.
  • MOA and AOA mentioning company objectives and rules.
  • Registered office in India and compliance with MCA regulations.

Lawcify ensures a smooth Business Setup in India experience from start to finish.

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