Producer Company Registration

A Producer Company's aim to procure agricultural production, sell and distribute, export goods for their benefits. It can be registered for farming and agriculture by those involved in agricultural activities.

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What is Producer Company Registration?

Types of Producer Companies

Requirements for Company Registration in India

What is the Primary Object of Farmer Producer Company?

Benefits of Producer Company Registration in India

What are the tax benefits available to Farmer Producer Company in India?

Pre-registration requirements for Farmer Producer Company

Process for Private Limited Company Registration in India

Documents Required for Private Limited Company Registration

Difference between the Producer Company, Private Limited Company, and Public Limited Company

Overview of Private Limited Company Registration

A Private Limited Company is a privately maintained small business existence, which is one of the highly recommended means to start a business in India. The Companies Act 2013 governs private limited company registration in India.

While, minimum 2 shareholders are required to start a private company, while the higher limit of members are 200 as per the Companies Act, 2013. If a private limited company faces financial risk, its shareholders are not subject to sell their personal assets, i.e. they ought to have limited liability.

  • A registered private limited company increases the credibility of your business. A registered private limited company increases the credibility of your business. A registered private limited company increases the credibility of your business.
  • Help owners from personal liability and protects from other risks and losses.
  • Draws more customers
  • Ease in obtaining bank credits
  • Offers limited liability to preserve your company’s assets
  • Greater funds supplement and more attractive stability
  • Enhance the potential to grow big and expand

Starting a private limited company offers many advantages. Some of them are as follows:

Limited Liability
The responsibility of the members of a private limited company is restricted to their share only as the private limited company is a separate legal entity.
Separate Legal entity
A private limited company is a separate legal entity which posses all the rights to sue or to be sued. It acts an artificial person which can buy a property on its own name.
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Yes, a foreign national can be appointed as a director after obtaining valid DIN. However, one director must be a resident in India.
We ensure speedy registration however it depends upon the documents provided by an applicant. It usually takes 30 days.
The name of the Producer Company ends as Producer Company Limited which seems to be a Public Limited Company however as per section 581C of the Companies Act 1956, Producer Company registration shall be considered as body corporate which will under any circumstance not be deemed as Public Limited Company.
Special rights can be given to the members of the Producer Company if the article of association provides so. In respect of such special rights, the appropriate instrument may be issued to the producer company.
With 3 months of becoming a member of the Producer Company, the member shall nominate a person in a specified manner to which shares will vest in case of death.

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