Producer Company Registration in India
No more delays or difficulties! Register your business with India’s #1 provider of company incorporation services.
What is a Producer Company?
A Producer Company is a company formed by a group of producers (such as farmers, artisans, or agriculturalists) for the purpose of improving income, productivity, and business efficiency.
Registered under Section 465(1) of the Companies Act, 2013, it combines the benefits of a cooperative society with the legal structure of a private limited company.
The core objective of a Producer Company is to:
- Produce, harvest, procure, grade, pool, handle, and sell the members’ produce.
- Supply machinery, equipment, or consumables to its members.
- Provide education and training related to production and processing.
- Promote mutual assistance and welfare among producers.
Ideal For:
- Farmers and Agricultural Producers engaged in cultivation, dairy, poultry, or fisheries.
- Farmer Producer Organizations (FPOs) and cooperative groups wanting corporate recognition.
- Rural entrepreneurs and agri-based startups looking to access funding and government schemes.
- Processing units and producer groups in food, textile, or organic product sectors.
- Horticulture, forestry, and plantation businesses working with community-based producers.
Advantages & Disadvantages
- Legal recognition for farmer collectives.
- Access to loans, subsidies, and schemes.
- Separate legal entity with perpetual existence.
- Tax efficiency for agriculture-based income.
- Better market access through collective power.
- Professional management with board structure.
- Limited to “producer” activities only.
- Requires minimum 10 producers to start.
- Compliance obligations similar to private limited companies.
- Profit distribution restricted to members only.
- Government processing may take longer due to document verification.
How it works
- Consultation & Planning
- Name Approval
- Documentation & Digital Signature
- Submission of Company Details (SPICe+ Part A, Part B, e-MOA, e-AOA, Agile)
- Certificate of Incorporation
What you get with TaxClue registration
- Digital Signature Certificates (DSCs)
- Director Identification Numbers (DINs)
- Certificate of Incorporation (COI)
- MOA & AOA (Company Constitution Documents)
- Professional Guidance on Share Allotment & Capital Setup
- ESIC and EPF Registration
- Compliance Consultation for NABARD & FPO Schemes
Why register a Producer Company?
Registering as a Producer Company gives your group a corporate identity and makes you eligible for government funding, bank loans, and subsidies while ensuring limited liability and transparency
- Separate Legal Entity: The company can own property and enter into contracts independently.
- Limited Liability: Members’ personal assets are safe from business debts.
- Tax Benefits: Enjoy various exemptions and agricultural income benefits.
- Access to Finance: Eligible for NABARD, SFAC, and government-backed funding schemes.
- Collective Growth: Unites small producers under one legal umbrella.
- Transparency: Structured governance ensures accountability and trust.
- Profit Distribution: Members share profits through bonuses or patronage dividends.
Documents & Details Required
Post-Registration Compliances
After incorporation, a Public Limited Company must follow these key legal compliances:
- File Form INC-20A (Commencement of Business) within 180 days.
- Appoint First Auditor within 30 days of incorporation.
- Issue Share Certificates to all shareholders within 60 days.
- Conduct Board Meetings (minimum 4 per year).
- File Annual Return (Form MGT-7) and Financial Statement (Form AOC-4).
- Conduct Annual General Meeting (AGM) within 6 months of year-end.
- Maintain Statutory Registers & Minutes of Meetings.
- File Income Tax Return (ITR-6) annually.
- Comply with ROC Filings, Director KYC (DIR-3), and Audit Requirements.
- Stay Compliant Throughout the Year
Why Choose TaxClue ?
We combine expert advice with digital convenience — ensuring a smooth experience from start to finish.
End-to-End Registration Support
From name approval to incorporation certificate.
Transparent Pricing
No hidden charges, no surprises.
Post-Incorporation Guidance
GST, accounting, and compliance setup.
Dedicated Compliance Expert
One-point contact for your entire process.
-
FAQ
Got Questions?
We've Got Answers!
What is a Producer Company?
A Producer Company is a hybrid corporate entity registered under Section 465(1) of the Companies Act, 2013, primarily meant for farmers, producers, and rural entrepreneurs who engage in production, harvesting, processing, procurement, or marketing of agricultural produce and related goods.
It combines the benefits of a cooperative society with the legal structure of a private limited company — ensuring both ownership and professional management.