Register your producer company
Get started through a completely online process.
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Get started through a completely online process.
You are just a click away!
A producer company is a type of company registered under the Ministry of Corporate Affairs. It is registered for carrying out agricultural production and processing activities. It is termed a legally recognized body for the farmer that improves living standards and increases their income and profitability.
The primary purpose of a producer company is to facilitate the development of cooperative business.
This type of business comprises ten committee members and two institutions.
A producer company can be registered in a few easy steps. But before registering a producer company, make sure you are eligible. Here is the checklist for registering a producer company.
1. A minimum of 10 or more producers is needed for building a producer company.
2. At least two or more producer institutions.
3. A minimum capital of 500000.
4. A minimum of 5 directors.
Please note: A producer company cannot be converted into a public limited company. It can be, however, converted into a multi-state cooperative society.
Once you are in the eligibility criteria, here is how you can get your producer company registered with Saral Bharat.
Step 1: We start by receiving the name of your organization. If you have a name in mind, we will register it for you, keeping the producer company in the end.
Step 2: We get you 5 DSCs and 1 DIN.
Step 3: We take all the necessary documents from your end and get your PAN, TAN, MOA, and AOA registered.
When you register your business with us, here are the key registrations that we provide:
There are four different types of producer companies. Each of them is separated as per their services and products. The detailed list is given below:
Any company involved in the production or manufacturing of products can register themselves under a producer company.
Any company that is offering marketing or promotional services can be counted as a producer company.
A business that is funding or financing any producer activities can register itself as a producer company.
A company providing infrastructure to producers or manufacturers can also come under producer companies.
Just like any other business, the producer company registration also requires specific documentation. Here is what you will need to register an OPC company in India. The director of the company must attest to the documents.
*Please note it’s not mandatory to have a commercial property. You can register at a residential address as well.
A company providing infrastructure to producers or manufacturers can also come under producer companies.
Any Indian resident can start with a proprietorship business in India. You need to have your PAN card and shop establishment license, and you are good to go.
It usually takes ten days from the date of application to register a private limited firm. However, any discrepancy in documents can prolong the process. So make sure you submit every document correctly.
Proprietorship firm registration is highly cost-effective since it doesn't require any complicated registration process. However, it does depend on the type of product that you are selling. To get your customized quote, you can write to us at [email protected] or call us at +919321930979.
As a proprietor, you can run small grocery stores to fast-food centres. You can run small clothing and manufacturing businesses as well.
A proprietorship cannot be transferred to another individual. Only the assets in the proprietorship can be transferred to another person through the sale.
Since this is an individual owned entity, so you cannot have any shareholders or investors.
There is no minimum or maximum capital. You can invest as per your capacity.
Since there is no government registration, there will be no incorporation certificate. However, you will have to get a shop establishment license to run a proprietorship business.
It is not mandatory for proprietorships to prepare audit statements each year. However, a tax audit may be necessary based on turnover and other criteria.
