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Registration Process of Producer Company

Registration  of  Producer Company


Producer Company is a company registered under the Companies Act 2013 and carry on of the following activities: Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of members or import of goods or services for their benefit; Processing including preserving, drying, distilling, brewing, venting, canning and packaging of produce of its members; and Manufacture, sale or supply of machinery, equipment or consumables mainly to its members.

Filing Bazaar is the fastest growing Company registration services in India Providing the Pvt.Ltd /LLP/Public Ltd company/one person company/Producer Company registration etc.

Features of Producer Company

i. The company is treated as a private limited company.

ii. These companies are limited liabilities and limited only by share capital.

iii. The maximum number of members can be more than 50.

iv. It shall never become a public (or deemed public) limited company.


Requirements

i. Minimum 5 directors are mandatory to run a producer company. All directors must possess DIN and DSC.

ii. Minimum paid-up authorized capital to incorporate Producer Company is of Rs. 5 lakh.


Procedure of Registration

i. Making of DIN and DSC

ii. Drafting of the perfect MOA and AOA of the Producer Company

iii. Other documents deemed necessary.

iv. Filing application for Incorporation of the company (Form No. INC-29).

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