Old No. 14, New No. 25/1, Nakkeeran Street, Near Krishna Sweets, Chennai – 600033

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

1

DSC & DIN

Digital Signatures and DINs for all directors (minimum 5).

2

Name Reservation

Name must end with 'Producer Company Limited'.

3

SPICe+ Filing

Incorporation with MOA, AOA, producer-member list and consent forms.

4

Certificate of Incorporation

CIN, PAN, TAN, EPFO & ESIC issued together.

5

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.

Ready to Get Started?

Speak to a qualified advocate in Chennai today.