Producer Company Registration in India

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Producer Company Registration @ ₹ 35,999/-*
- Company Name Reservation
- Digital Signature for 5 Directors
- DIN for 5 Directors
- Company Incorporation Certificate (COI)
- Company PAN & TAN
- MOA & AOA
- Company Master Data
- Share Certificates
- Guidance to Open a Local Bank Account
- Includes Government & Professional Fees
*Prices may vary for Punjab, Madhya Pradesh & Kerala due to higher stamp duties.
Required Documents for Producer Company Registration
ID Proof of all Directors
Any one ID proof like AADHAR Card, Voter Card, Driving License or Passport required.
PAN card of all Directors
Any one address proof
- Bank statement having latest 60 days entry
- Bank Passbook with entries page having latest 60 days entry
- Electricity Bill in name of Director
- Airtel / Vodafone / Idea / MTNL / BSNL bill in name of Director
- Gas bill in name of Director
Passport size photo of all Directors
Any one bill in anybody name for registered office address
- Electricity Bill
- Mobile Bill - Airtel / Vodafone / Idea / MTNL / BSNL bill
- Gas Receipt (not Gas book)
Other Services
Producer Company Registration
Are you a group of farmers, producers, or agriculturists planning to form a Producer Company? Looking for expert guidance to get started? You’re at the right place!
Mangalam Taxsavo Consultants Pvt. Ltd. specializes in Producer Company registration with complete legal and financial support. Backed by a team of experienced Chartered Accountants and compliance experts, we help producer groups establish a formal business structure that enables collective farming, production, marketing, and better income generation. From document preparation to MCA compliance, we ensure a smooth registration process tailored to your community’s growth and sustainability.
About Producer Company Registration
A Producer Company is a hybrid between a private limited company and a cooperative society. It is governed under Section 581C of the Companies Act, 1956, and enables groups of farmers or producers to work together in a legally recognized entity for better governance, profitability, and access to financial assistance.
This model is ideal for farmers, primary producers, and rural entrepreneurs, offering them a platform for joint ownership, shared profits, and democratic management.
Characteristics of Producer Company Registration in India
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Members: Minimum 10 individual producers or 2 producer institutions are required. There is no upper limit on the number of members.
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Directors: A minimum of 5 directors and a maximum of 15 directors are allowed. Every Producer Company must appoint a full-time Chief Executive.
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Limited Liability: The liability of members is limited to the unpaid amount of their shares. Personal assets are not at risk.
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Separate Legal Entity: A Producer Company has its own legal identity, separate from its members. It can own property, sue or be sued, and enter into contracts in its name.
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Perpetual Succession: The company continues to exist irrespective of changes in membership, ensuring continuity of operations.
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Mutual Assistance Principles: The core values include mutual help, cooperation, and profit-sharing among member producers.
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No Public Offerings: Unlike public companies, a Producer Company cannot raise capital from the general public. Only members can invest and earn patronage-based returns.
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Profit Distribution: Profits are shared among members in the form of dividends, bonus shares, or patronage bonuses.
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Activities Allowed: Procurement, production, harvesting, processing, pooling, marketing, selling, and export of member produce; manufacturing and selling machinery, equipment, or consumables; education, technical services, consultancy, welfare measures, etc.
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Company Name: The name must end with “Producer Company Limited” as per the statutory requirements.
Requirements for Producer Company Registration
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Members (Shareholders)
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Minimum: 10 individuals (or 2 producer institutions)
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Eligibility: Only primary producers or producer institutions can become members
As per Section 581C of the Companies Act, 1956 (as applicable to Producer Companies).
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Directors
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Minimum: 5 directors
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Maximum: 15 directors
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Resident Requirement: At least one director must be a resident of India (stayed 182+ days in the previous calendar year).
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DIN Requirement: All directors must have a Director Identification Number (DIN).
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Company Name
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Must be unique and not resemble any existing company name.
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Format:
[Activity/Brand] + [Name] + Producer Company Limited
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Submit 3–4 name options to the Registrar of Companies (RoC) for approval.
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Registered Office Address
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A temporary address can be used during registration.
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A permanent registered office address must be submitted post-incorporation.
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Digital Signature Certificate (DSC)
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Required for all directors to digitally sign documents filed with the Ministry of Corporate Affairs (MCA).
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Professional Certification
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Incorporation must be certified by professionals such as:
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Chartered Accountants (CA)
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Company Secretaries (CS)
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Cost Accountants
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Advantages of a Producer Company
Member-Centric Ownership
Ownership is restricted to primary producers or producer institutions, ensuring the company is run by and for farmers or producers themselves.Minimum Member Requirement
Only 10 individual producers or 2 producer institutions are required to start, making it accessible to rural groups and cooperatives.Limited Liability
Members enjoy limited liability protection — personal assets are protected, and liability is limited to the unpaid amount of shares held.Democratic Management
The company is managed democratically by elected directors, promoting transparency and representation of all producer members.Profit-Oriented with Cooperative Benefits
A Producer Company merges the benefits of a cooperative structure (like member welfare and profit-sharing) with the flexibility of a company.Access to Credit and Subsidies
Eligible for government schemes, subsidies, and priority lending under the agriculture sector from banks and financial institutions.Long-Term Focus
Unlike public companies focused on short-term earnings, producer companies focus on sustainable growth and the upliftment of rural producers.No External Shareholding
Shares can only be held by producer members. No external investor, private equity, or public market pressure — ensuring member interests remain central.
⚠️ Important Membership Restrictions
Only producers or producer institutions can become members.
Shares cannot be transferred or sold to the general public.
Shares must be offered to existing members before any transfer.