FincomIndia

Producer Company

A Producer Company is a company registered the objective of agriculture production, post harvesting processing activities, procurement, selling and distribution, export of primary produce of the Members or import of goods for their benefit.
From Rs 68,899/- Inc. of all taxes

Producer Company is a group of people involved in the production of primary produce or having one more goals relating to primary produce. In a producer company, you can make agriculturist members and accept deposits in form of FD/ RD and provide them maturity as well as distribute loans to your farmer members and charge interest from them. Producer Companies is a company registered under the Companies Act 2013 and shall carry on any of the following activities:

(a) Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of members or import of goods or services for their benefit;

(b) Processing including preserving, drying, distilling, brewing, venting, canning and packaging of produce of its members;

(c) Manufacture, sale or supply of machinery, equipment or consumables mainly to its members.

There is a provision is for the distribution of patronage bonus after the annual accounts are approved — patronage bonus means payment out of surplus income to members in proportion to their respective patronage (not shareholding).

Salient Features of Producer Company

Management

Every producer company is to have at least five and not more than 15 directors. A full time chief executive should be appointed by the board and shall be entrusted with substantial powers of management as the board may determine.

Reserves

Every producer company has to maintain a general reserve in every financial year and in case there are not sufficient funds in any year for such transfer, the shortfall has to be made up by members' contribution in proportion to their patronage in the business.

Dispute Resolution

Dispute relating to producers companies are to be settled by conciliation or arbitration under the Arbitration and Conciliation Act, 1996 as if the parties to the dispute have consented in writing to such procedure.

Members' Benefit

Members will initially receive only such value for the produce or products pooled and supplied as the directors may determine. The withheld amount may be disbursed later either in cash or in kind or by allotment of equity shares Members will be eligible to receive bonus shares.

Transparent And Competitive Pricing

BASIC STANDARD PREMIUM
PAN
DSC
Name Approval
DIN
TAN
Share Certificates
1 Year TDS Filing
Trademark
Rs. 72,500
Rs. 68,899
Inc. all taxes
Rs. 80,000
Rs. 72,899
Inc. all taxes
Rs. 90,000
Rs. 78,899
Inc. all taxes
Delivery Process

1. Order Confirmation

Once you confirm the order online one of our executives will get in touch with you to explain all the requirements.

2. Submission Of Documents

We have a facility to pick up documents from your door step at more than 6000 Pin Codes across India. As soon as your documents are ready, we will pick it up from your door step at a date and time as per your convenience.

3. Applying for Certificate

Once we will receive your all required documents we will forward the documents in various departments for preparing and filing then after liasioning with the Government officials. after that you will get the Certificate of Registration.

4. Hurray......It's Done

You will get certification from the Government after the approval as well as you will receive the confirmation email with our dedicated team member details Instantly on your email to start your work.

Frequently Asked Questions
The Memorandum of Association (MOA) states the main and ancillary objects of the proposed company. The Articles of Association (AOA) contains the rules and procedures for the routine conduct of the proposed company.
Only farmer can be the member of Producer Company.
1. Animal Husbandry: breeding or caring of animals in the farm 2. Horticulture: Producing, growing plants, fruits or vegetables 3. Floriculture: Growing Flowers 4. Pisciculture: Fish farming 5. Viticulture: Producing grapes 6. Forestry: Preserving forest 7. Re-vegetation: Rebuilding or replanting disturbed land 8. Bee raising: keep bees to collect honey.
Producer companies can take the advantages of various central and state government schemes and obtain subsidies for projects.
Authorized capital is the maximum amount of share capital for which a company can issue shares. Authorized capital can be increased by company at any time with shareholders’ approval.
This isn't required. The entire process is now automated and handled online. You will receive the DIN numbers and Certificate of Incorporation by e-mail from Ministry of Corporate Affairs (MCA).
Producer Company is a company registered under the Companies Act, 2013, which has the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling and export of primary produce of the Members or import of goods or services for their benefit. Produce are things that have been produced or grown, especially by farming. Therefore, a Producer Company deals primarily with agriculture and post harvest processing activities.
On receipt of the certificate of incorporation a newly formed company can start the business operations.
1. PAN 2. TAN 3. Shop Act 4. VAT 5. Profession Tax 6. Service Tax 7. Provident Fund 8. ESIC
Yes, an existing company can be converted into any other form of business entity by complying the provisions of Companies Act, 2013.

Our Presence

Check Availablity in your area

FinComIndia has capability to serve at your door step at more than 6000 Pin Codes across. You have the opportunity to avail our world class services sitting at your home or office itself. This service is free of cost for all the customers. We practically cover the whole of India. Kindly check in the box above for availability of door step services in your city.

Reasons to choose FinComIndia?

PROFESSIONAL EXPERTISE

FinComIndia has a team consisting of more than 75 experts of varied domains which enables us to deliver high quality of services. All our staff is well trained and regularly updated with all relevant statutory changes.

DOOR STEP SERVICES

We pick up all the required documents right from your door step at your preferred time and date and also deliver back the original documents / certificates to your address.

NATION WIDE REACH

We have capability of providing our services across more than 6000 Pin Codes in India. This makes us the front runner in Nation wide reach.

BEST PRICE

We are upfront with our pricing with no hidden fees, Also lowest pricing through automation and technology.

Money Back Guarantee

If you are not satisfied with our work, we will refund the money after deducting the statutory fees paid and other administrative charges.

100% Customer Satisfaction

With our quality of services and professional expertise, we guarantee 100% customer satisfaction.

Giving Back to the Society

In our endeavour to give back to the society, we donate 1% of our profits to various charitable and environmental causes.