A producer company combines the best features of a cooperative society and a Private Limited Company, offering collective benefits to its member producers under a robust and definitive legal framework. Only business entities registered as Private Limited Companies are eligible for Producer Company registration in India. However, the names that these companies are incorporated with, shall end with the words “Producer Company Limited”. Individuals and institutions involved in Primary Production activities can come together and form a Producer Company in India.
The application for the registration of a Producer Company must be accompanied by the scanned copies of the documents prescribed under the Companies Act, 2013. These documents can be categorized into the documents of the members, documents of the company, and the documents of the premises where the business is being carried out. An elaborate list of such documents have been mentioned in the table below.