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Producer Company

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Unlock the transformative potential of your initiatives with GHR Advisory’s registration for Producer Companies

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Producer Company

A Producer Company is formally established with the primary goal of improving the livelihoods of farmers and agriculturists. Governed by the Companies Act 1956, the registration of a Producer Company in India requires a minimum of 10 individuals, or 2 institutions, or a combination of both, with specific business objectives related to production, procurement, harvesting, marketing, grading, handling, pooling, selling, and export.

 the industry serves as the backbone of the nation’s economy. However, the plight of farmers and primary producers, particularly small-scale and marginal farmers.

With approximately 60% of India’s population relying on agriculture, the industry serves as the backbone of the nation’s economy. However, the plight of farmers and primary producers, particularly small-scale and marginal farmers, often involves struggles for profitability due to poor facilities and low production. Recognizing this issue, the Government of India, under the guidance of the Y.K. Alagh-led expert committee, introduced the concept of Producer Companies in 2002. The primary objective was to collectively uplift Indian farmers and agriculturalists.

Ease of Management

Simple forms can be submitted to the Registrar of Companies (ROC) to make desired changes in the board of management.

Separate Legal Entity

Registered producer companies are considered separate legal entities, allowing them to buy or sell land in their own name.

Our benefits

These benefits collectively make company registration an attractive
Seamless Registration Process
Empowering Farmers
Financial Assistance
Compliance Support

What kind of company is a Producer Company?

According to Section 581C of the Companies Act, 1956, a Producer Company is classified as a Public Limited Company.

Can a person from a foreign national be appointed as a director in a Producer Company?

No, as per the regulations, a foreign national cannot be appointed as a director in a Producer Company.

In addition to the registration fee, do I need to pay any other payment?

Besides the registration fee, there might be additional charges, such as stamp duty, professional fees, and government fees. Our experts can guide you on the complete cost structure.

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