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Producer Company.

As Indian economy majorly depends on agriculture, during the year 2002, the government of India introduced a business concept called Producer Company with the main objective as to facilitate the formation of co-operative business as companies. Producer companies can help small formers to participate in emerging-high value markets such as export market and the retail markets in India. The Producer Company is one of the business entity registered under the Companies Act, 2013. The objects of the Producer Company are as follows:

  • It's main objective is of production, harvesting, procurement, grading, pooling, handling, marketing, selling, and export of primary produce of the Members or import of goods or services for their benefit provided that the producer company may carry ont the aforesaid activities either by itself or through any other institution.

  • Processing including preserving, drying, distilling, brewing, vinting, canning and packaging of produce of its Members.

  • Manufacture, sale or supply of machinery, equipment or consumables mainly to its Members.

  • Providing education on the mutual assistance principles to its Members and others.

  • Rendering technical services, consultancy services, training, research and development and all other activities for the promotion of the interests of its Members.

  • Generation, transmission and distribution of power, revitalisation of land and water resources, their use, conservation and communications relatable to primary produce.

  • Insurance of producers or their primary produce.

  • Welfare measures or facilities for the benefit of Members as may be decided by the Board.

  • Any other activity, ancillary or incidental to any of the above activities or other activities which may promote the principles of mutuality and mutual assistance amongst the Members in any other manner.

  • Financing of procurement, processing, marketing or other activities specified in above activites which include extending of credit facilities or any other financial services to its Members.


What is Primary Produce?

  • Produce of farmers, arising from agriculture (including animal husbandry, horticulture, floriculture, pisciculture, viticulture, forestry, forest products, re-vegetation, bee raising and farming plantation products), or from any other primary activity or service which promotes the interest of the farmers or consumers. or

  • Produce of persons engaged in handloom, handicraft and other cottage industries.

  • Any product resulting from any of the above activities, including by-products of such products.

  • Any product resulting from an ancillary activity that would assist or promote any of the aforesaid activities or anything ancillary thereto.

  • any activity which is intended to increase the production of anything referred to in above or improve the quality thereof.


Who is Producer?

  • Producer means any person engaged in any activity connected with or relatable to any primary produce.


Any ten or more individuals, each of them being a producer or any two or more Producer Institutions or a combination of ten or more individuals and Producer Institutions can form a Producer Company under the Companies Act, 2013. Producer Company Registration is regulated by the Central Registration Center (CRC), Manesar, Delhi on behalf of each state jurisdictional Registrar of Companies, Ministry of Corporate Affairs, Government of India. The governing law for the producer companies is Companies Act, 2013. The name of the producer company should be ended with "Producer Company Limited". Every producer company shall have at least five directors and not more than fifteen directors.

CompaniesHouse is an MCA Authorized Company Registered Agent in India. The object of the CompaniesHouse is to minimize the cost in registering Producer Companies throughout India.

For detailed information and documentation you can Click Here

ADVANTAGES.

FAQ

What is DSC?

A DSC stands for Digital Signature Certificate, DSC is required for the shareholders to sing the company eMOA and eAOA wile registering a company.

What is DIN?

DIN stands for Director Identification Number, which is an unique identification number generated by the Ministry of Corporate Affairs.

Once the company is incorporated, a DIN is generated for each director.

What is Authorized Share Capital?

An authorized share capital is a share capital amount upto which the shareholders can invest in equity of the company.

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What is Paid up Share Capital?

Paid up share capital is an amount which is deposited by the shareholders of the compnay in company's bank account towards share capital.

Now the company can be registed with a minimum amount of share capital of Rs. 10/- ie. Rs.1/- investment by each shareholder.

What is CIN?

A CIN is a company identificaton number, which is generated by the Ministry of Corporate Affairs while generating the Certificate of Incorporation.

We can treat it as the company registration number.

In howmany days a company can be registered?

If we apply direct incorporation without applying for Certificate of Name Availability, it may take 3 to 5 working days. Some times, it may be incorporated even in one day.

But it is advisable to apply first company name and then incorporation and in this case it may take 10 to 15 days.

What is the government fee for Producer Company Registration?

For one lakh authorised share capital company, the total government fee including Digital Signature Certificates would be approximately Rs. 15,000/-.

CompaniesHouse is authorised by the Ministry of Corporate Affairs to provide company registration service throughout India.

DOCUMENTS REQUIRED

  • Directors Photos
  • Directors & Shareholders PAN
  • Directors & Shareholders ID Proof: Aadhaar/Voter Id/Passport
  • Directors & Shareholders Latest Bank Statements
  • Office latest electricity bill
  • NOC/Rental Agreement from owner
  • Form INC-9
  • Form DIR-2

PRICING & DELIVERABLES

Economy Plan

Company Registration

Rs29,999/InclTax
EMI OPTION
  • 10 Class-II DSC
  • 5 Director Identification Numbers
  • Company Name Availability
  • Company Certificate (CIN)
  • Memorandum of Association (MOA)
  • Articles of Association (AOA)
  • Company PAN
  • Company TAN
  • Share Certificates
  • ICICI Current Banking Account
  • Company KIT
  • GST Registration
  • Free GST & Accounting Software
  • Free GST e-Way bill Software
  • All Business Documents free
  • Free book - Companies Act, 2013
  • Company Rules
  • Company Regulations
  • Company Circulars

Notes:

  1. With effect from 26.01.2018, the Ministry of Corporate Affairs, Government of India had implemented ZERO Incorporation fee for the companies with the authorized share capital of an amount up to Rs. 10,00,000/-.
  2. If the authorized share capital is more than Rs. 1,00,000/-, the stamp duty will be varied.
  3. Company Name is subject to MCA Approval, you can apply 4 names with one application. CompaniesHouse guides you how to choose Company Name.
  4. The following additional charges are to be paid by companies whose registered office is situated in: PUNJAB – Rs. 10,000/-, MADHYA PRADESH – Rs. 7,500/-, & KERALA – Rs. 3,000/-).
  5. If the desired name is rejected, an extra amount of Rs. 1,000/- need to be paid.
  6. If there are more than three directors, then for each director an extra amount of Rs. 2,000/- will be incurred.
  7. In case of Annual Compliance, the govt challans will be born by the client.
  8. Audit fee is at actuals on annual basis.

WHAT CLIENTS SAYS?

You are truly experienced in Company Registrations. Keep it up!

Ram Kumar Chilukuri Director, Anewa Engineering Pvt Ltd 02.06.2016

Thanks for your continuous support. God bless you!

Nrupesh CFO, Blujay Solutions Private Limited 14.06.2016

Thank you CompaniesHouse for saving in Income Tax!

Avtar Singh Managing Partner, Chetak Transporters 25.06.2016

We are surprised to get our Company registered in one day. Thanks to you guys!

Mohammed Fasiuddin Director, Avidus Engineering Private Limited 29.06.2016

Thank you for the initial discussion as we choose best business format!

Lakshmi Keerthi Reddy Director, Lavanar Sea Food Farming Private Limited 01.09.2016

Thank you CompaniesHouse for reminding on timely statutory compliance!

Rambabu Director, Cybervillage Solutions Pvt ltd 05.09.2016

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