WHAT IS A PRODUCER COMPANY? 

Benefits of a Producer Company

1. Limited Liability: Protects members' personal assets from business debts. 
2. Collective Bargaining Power: Negotiate better deals with input suppliers and buyers for increased profits. 
3. Improved Market Access: Directly connect with consumers and eliminate middlemen. 
4. Financial Assistance: Access loans and investments specifically designed for Producer Companies. 
5. Government Support: Eligible for various government schemes and subsidies. 
6. Professional Management: Operate with a well-defined structure for better decision-making. 

Eligibility for producer company registration

• Minimum of 10 producer members (individuals) 
• OR 2 producer institutions (cooperatives, societies) and 10 producer members 
• Primarily engaged in production activities 

What are the process for producer company?

1. Digital Signature (DSC) and Director Identification Number (DIN): Obtain DSCs for proposed directors and DINs if not already acquired. 
2. Name Approval: Choose a unique company name and get it approved by the Registrar of Companies (ROC). 
3. Memorandum of Association (MOA) and Articles of Association (AOA): Draft these documents outlining the company's objectives and internal governance rules. 
4. SPICe+ Form Filing: File the SPICe+ form electronically with the ROC, along with required documents. 
5. Certificate of Incorporation: Upon successful registration, the ROC will issue a Certificate of Incorporation. 

Documents Required for producer company registration

• Identity and address proof of directors and members 
• MOA and AOA 
• Proof of registered office address 
• Feasibility report (optional) 

Drawbacks to Consider: 

1. Compliance requirements – filing annual returns and conducting audits 
2. Initial setup costs 
3. May not be suitable for all types of production activities 

24efiling Checklist for Producer Company Registration

• Free consultation to assess your eligibility 
• Assistance in obtaining DSC and DIN 
• Help with name approval and document drafting 
• SPICe+ form filing and online registration 
• Post-registration compliance guidance 

Why Choose 24efiling for Producer Company Registration? 

• Seamless Online Process: Register your company from the comfort of your home. 
• Expert Guidance: Our experienced professionals will assist you every step of the way. 
• Affordable Pricing: Transparent and competitive fees for our services. 
• Time-Saving Efficiency: Focus on your business while we handle the registration process.