Producer Company Registration

23999

The Farmers or the person dealing with Farm products can do business in the form of a producer Company. The producer company should be for procurement, production, harvesting, grading, handling, marketing, stocking, etc. get financial assistance from NABARD and other Central Government agencies.

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Description

  • Regular assistance of CA & CS;
  • Minimum 10 or more persons.
  • Minimum 5 directors and maximum 15.
  • It can be formed as a Private limited company or a Public limited company.
  • Provides loans and credit facilities to members
  • No taxes on agricultural income.
  • Accepts deposits;
  • The promoter will be Director/ Managing Director;
  • A set process of Company Management;
  • The same person can become Director and Shareholder both;

Documents required:

  • Copy of PAN;
  • Copy of Election ID or Driving Licence;
  • Copy of AADHAR;
  • One Passport Size photograph;
  • Copy of Bank Statement 1st page and Last page of for not more than two months older;

Copy of electricity bill for registered office address.