A Producer is any person engaged in any close-knit or related activity to the primary producers. A Producer Company is thus an umbrella term that includes all of the following. Producing, harvesting, procurement, grading, pooling, handling, marketing, selling, and exporting the primary producers of the members, or the imports of goods or services.
PRODUCER COMPANY
Documents Required for Producer Company Registration
1.Scanned Copy of PAN Card
2. Scanned copy of Voter’s Id/ Passport/ Driver’s license
3. Scanned copy of the latest bank statement/ Telephone or mobile bill/ electricity or gas bill
4. Passport size photograph
FREQUENTLY ASKED QUESTIONS (FAQS)
How many people are required to register a producer company?
A minimum of five people are required to register a producer company in India.
What are the documents required for registration?
Identity proof and address proof is mandatory for all the proposed Directors of the Producer Company. PAN Card is mandatory for Indian Nationals. In addition, the landlord of the registered office premises must provide a No Objection Certificate for having the registered office in his/her premises and must submit his/her identity proof and address proof.
How long will it take to incorporate a Producer Company?
renitadvisors.com can incorporate a Producer Company for in 20-30 days. The time taken for registration will depend on submission of relevant documents by the client and speed of Government Approvals. To ensure speedy registration, please choose a unique name for your Company and ensure you have all the required documents prior to starting the registration process.
How long is the registration of the Company valid for?
Once a Company is incorporated, it will be active and in-existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and maybe struck off from the register after a period of time. A struck-off Company can be revived for a period of upto 20 years.
What is a Digital Signature Certificate?
A Digital Signature establishes the identity of the sender or signee electronically while filing documents through the Internet. The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of a proposed Producer Company.
What is Director Identification Number (DIN)?
Director Identification Number is a unique identification number assigned to all existing and proposed Directors of a Company. It is mandatory for all present or proposed Directors to have a Director Identification Number. Director Identification Number never expires and a person can have only one Director Identification Number.
What are the requirements to be a Director?
The Director needs to be over 18 years of age and must be a natural person. The Director must be involved in farming activities.
Is an office required for starting a Producer Company?
An address in India where the registered office of the Company will be situated is required. The premises can be a commercial / agricultural / residential where communication from the MCA will be received.