Producer CompanyREGISTRATION

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Producer Company Registration

WHAT IS PRODUCER COMPANY REGISTRATION?

The Producer Company is a company dealing with objects related to farming. It is important to seek research company registration because it includes the production, selling, and exporting of objects related to agricultural activities. Some activities considering post-harvest processing are also included, so these need to be given attention to as well.

If we focus on agriculture in India, then it is widely growing, and there is a need for a producer company that can come up with the best services for it. A producer company will be set up by ten or more individuals with the institution. Some farmers come up together and form a company, but it is important for them to get the Producer Company Registration to promote the services and provide the best services to people under section 581B of the Companies Act, 1956.

Process of Producer Company Registration in India:-

In order to start your business with such an entity, you need to go through the process of Producer Company Registration. Once you are successful with the process, you will get to enjoy the perks of a producer company registration that includes the following:

Step 1: Name approval:

Name approval is the primary aspect. Choose the name for the Producer Company Registration and check out whether it has any trademarks or not. If the name has any trademarks, then you will not be able to get it. The application will be filled out along with the fees for reserving a unique name for the registration of a company.

Step 2: Digital signature certificate:

A digital signature certificate is required by all the directors of the producer company. It is important for completing the online company registration application and other online documentation.

Step 3: Submission of final incorporation form:

After that, submit the final incorporation application along with the MOA and AOA. This is a verification form, and a certificate of incorporation will be issued by ROC. Make sure to fulfill the required documents, and it will be issued along with TAN and PAN.

Step 4: Bank account:

Visit the nearby Bank and open a bank account for the business.

Benefits

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Requirements

10 or more individuals each of them being a producer
2 or more producer institution
Combination of 10 or more individuals and 2 or more producer institution

Documents Required

PAN CARD

Need Pan Card of all Shareholders and Directors, Foreign Directors must be required a valid Passport with validated or apostilled

PHOTOGRAPH

Updated Passport size photos of all Participators / Shareholders and Directors.

IDENTITY PROOF

Need identity proof: - Aadhar Card/ Voter ID/Passport/ Driving License of all Shareholders and Directors.

ADDRESS PROOF

Updated Electricity Bill/ Telephone Bill / Bank Account Statement of all Shareholders & Directors.

FOR REGISTERED OFFICE

Rent agreement

Valid Rent agreement, Utility bills:- telephone bill, electricity bill, and municipal (It should be last 2 Months) NOC From Owner.

NOC From Owner.

Post Company Registration Requirements?

Once the Company registration is completed, you have to take the necessary steps in order to make a strong presence in the industry.

GST Registration

Trademark/Patent Registration

Get a free consultation for Private Limited Company registration by scheduling an appointment with Legal Time.

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