Chennai · Expert Advocates
Producer Company Registration in Chennai
A corporate cooperative for farmers, weavers, fisher-folk and artisans — minimum 10 producers, incorporated in 20–25 days.
Why Velan Law
- Producer Company in 20–25 working days
- Limited liability for member-producers
- Eligible for NABARD & PODF grants
A Producer Company is a hybrid of a cooperative and a Pvt Ltd, governed by Part IXA of the Companies Act, 1956 (saved under the Companies Act, 2013). It allows 10+ producers (or 2+ producer institutions) to pool resources for production, marketing, processing and export. Velan Law Associates handles DSC, DIN, name approval, SPICe+ filing, MOA/AOA drafting and post-incorporation compliance.
Key Benefits
- Limited liability protection for all producer-members
- Eligible for NABARD, PODF, FPO scheme & SFAC equity grants
- Pool capital for processing, branding & export
- Corporate credibility with banks and buyers
- Profits distributed as patronage bonus (tax-efficient)
Documents Required
- PAN & Aadhaar of all 10+ producer-members
- Producer proof (land records, fisher ID, weaver card, etc.)
- Passport-size photographs
- Registered office proof — rent agreement + NOC
- MOA & AOA — we draft with producer objectives
How We Work
DSC & DIN
Digital Signatures and DINs for all directors (minimum 5).
Name Reservation
Name must end with 'Producer Company Limited'.
SPICe+ Filing
Incorporation with MOA, AOA, producer-member list and consent forms.
Certificate of Incorporation
CIN, PAN, TAN, EPFO & ESIC issued together.
Grants & Scheme Registration
We help register with NABARD, SFAC and FPO scheme as applicable.
Frequently Asked Questions
Who can form a Producer Company?
Any 10 or more primary producers (farmers, weavers, fishermen, artisans, dairy farmers) or 2 or more producer institutions.
What is the minimum capital for a Producer Company?
There is no minimum paid-up capital prescribed; ₹1,00,000 authorised capital is commonly used.
Can a Producer Company list on stock exchanges?
No — shares cannot be publicly traded. They are held by member-producers only.
What grants are available to Producer Companies?
SFAC matching equity grant (up to ₹10L), NABARD PODF loans, FPO scheme working-capital grants and state-level subsidies.
How is a Producer Company taxed?
Taxed like a normal company (currently 22% under section 115BAA). Patronage bonus to members is deductible.
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