PRODUCER / FARMER COMPANY

  • A producer company can be formed by farmers/agriculturist for carrying out the agriculture activities. The objective of a Producer company can be production, harvesting, procurement, grading, pooling, handling, marketing, selling, and export of primary produce of its members or import of goods or services for their benefit.

Conditions of forming a Producer Company:

    • The primary objective of a Producer Company shall be to benefit its members by promoting their interests in terms of production, marketing, selling, and export of their primary produce
    • Minimum number of members: 10 individuals or 2 or more institutions
    • Number of Directors: minimum 5 directors, maximum 15 directors
    • at least 2/3rd of the total number of members should be engaged in primary production activities
    • Minimum Authorized and Paid up capital: Rs.5 lacs authorized and Rs.1 lac paid up capital.

CHECKLIST FOR REGISTRATION OF A PRODUCER COMPANY

Basic documents required for registration

For Company:

  1. Registered address proof -Electricity Bill/ Telephone Bill/ Mobile Bill/ Gas Bill (any one)
  2. No Objection Certificate for use of office address

For Directors and subscribers:

  • Self-attested PAN Card and Aadhar Card Copy 
  • Self-attested Residence Proof: Electricity Bill/Bank Statement/Mobile Bill  (Any one)
  • Passport size photographs

Other Information required for registration

For Company:

  • Proposed Name of Company 
  • Nature of business
  • Initial Capital
  • Contact No. and Email Id

For Directors and subscribers:

  • Name of Director/ Shareholder
  • Mobile No.
  • Email Id
  • Place of Birth
  • Educational Qualification
  • Current Occupation

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