Producer company registration
The structure for farmer and producer groups, owned by its members and built around their primary produce.
What the fee covers
- 5 digital signature certificates and 5 DINs
- Name reservation and SPICe+ incorporation
- MOA and AOA drafted around producer objects
- PAN, TAN and bank account documentation
- First year compliance calendar
Professional fee
24,999
professional fee, government fees and stamp duty at actuals
- Timeline
- 20 to 30 working days
- Filed with
- Ministry of Corporate Affairs
Owned by the people who produce
A producer company puts the ownership of processing, storage and marketing into the hands of the farmers or producers who supply it. Shares cannot pass to outside investors, so the collective cannot be quietly bought out from under its members.
It sits under company law rather than a state cooperative act, which means the MCA is the regulator and the accounts are filed publicly. For groups that have watched a cooperative get captured politically, that difference is the point.
Best suited to
- Farmer producer organisations formalising as a company
- Groups pooling procurement, grading or storage
- Producers who want to market and export collectively
- Collectives applying for schemes that require a registered FPO
Documents you need
- PAN and Aadhaar of every producer member and director
- Passport size photographs
- Address proof for each, not older than two months
- Proof that the members are primary producers
- Electricity bill and no objection letter for the registered office
- Details of the proposed activities and produce handled
Scanned copies are enough to begin. We check every document against the department's current format before filing, because a rejected form costs more time than a resubmitted scan.
How the filing runs
Get free consultationMember and director set
Ten or more individual producers, or two or more producer institutions, plus five directors, have to be identified before filing.
Objects drafting
The objects clause has to sit inside what a producer company is allowed to do, which is narrower than an ordinary company.
Name approval and incorporation
The name carries Producer Company Limited, and incorporation runs through SPICe+ with the MOA and AOA.
Certificate and scheme readiness
You receive the certificate along with a note on the registrations schemes usually ask an FPO to hold.
What it costs
24,999
professional fee, government fees and stamp duty at actuals
Typical timeline: 20 to 30 working days
Get free consultationTen percent below any comparable quote
Send us a written quote from another online filing platform for the same scope of work. We do the same filing for ten percent less, and the difference is shown in your quote before you pay anything.
- Applies to professional fees on like for like scope and turnaround
- Government fees and stamp duty are statutory and are charged at actuals by everyone
- The quote you send has to be current and in writing
Producer company questions
Who can be a member of a producer company?
Only primary producers, meaning people engaged in an activity connected with primary produce, or producer institutions. It cannot take ordinary outside shareholders, which is what keeps ownership with the producers.
What are the minimum requirements?
Ten or more individual producers, or two or more producer institutions, or a combination of both, together with at least five directors and a minimum paid up capital of 5 lakh rupees.
Can a producer company be listed or taken over?
No. Its shares are not freely transferable to outsiders and it cannot be listed, which is a deliberate protection against the collective being bought out.
How is it different from a cooperative society?
A producer company is registered with the MCA under the Companies Act, so it files with the registrar and follows company law. A cooperative registers under a state cooperative act, with a different regulator and different politics around it.
Talk to a CA about producer company
Send your details and a chartered accountant calls you back with the document checklist, the timeline and the exact cost for producer company.
Reach us directly
22-1-3 Rajapangal Road, 7th Line, Ongole, Andhra Pradesh 523001. The office is open 10am to 7pm, Monday to Saturday, and WhatsApp and phone are answered around the clock.