A Producer Company is a legally recognized body of farmers/agriculturalists with the aim to improve their standard of living and ensure a good status of their available support, incomes, and profitability.
Membership is exclusive to primary producers, ensuring the focus remains on their collective benefit.
Combines the benefits of a cooperative society with the professionalism and limited liability of a private company.
Enables producers to access larger markets, better technology, and financial resources together.
We follow a structured procedure to ensure your Producer Company is legally compliant and established correctly.
Digital Signature and Director ID for all proposed directors.
Unique name approval using the SPICe+ form.
Drafting the Memorandum (MoA) and Articles (AoA) of Association.
Submitting the SPICe+ incorporation form to the ROC.
Scrutiny of documents by the Registrar of Companies.
Receipt of the Certificate of Incorporation to begin operations.
A minimum of 10 producers and 5 directors are required. Please provide the following documents.
Common questions about forming a Producer Company.
Only individuals or institutions who are 'primary producers'—persons engaged in agriculture, horticulture, animal husbandry, etc.—can become members.
A Producer Company must have a minimum authorized capital of ₹5 lakh and a minimum paid-up capital of ₹1 lakh.
No, a Producer Company cannot have government or private equity stakes. Ownership is restricted to its producer members to ensure their interests are protected.
Yes, Producer Companies enjoy tax benefits, including exemptions on agricultural income, similar to cooperative societies, which helps in reinvesting profits for growth.