A Producer Company (FPC) is the ideal business structure for farmers and agriculturalists. It combines the benefits of a cooperative society with the efficiency and legal status of a private limited company.
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A Producer Company is a company registered under the Companies Act, 2013, which has the objective of production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the members or import of goods or services for their benefit.
It is a separate legal entity that can own property and incur debts. Members have limited liability.
Eligible for various schemes, grants, and loans from NABARD and the Ministry of Agriculture (SFAC).
Agricultural income is exempted from tax. Additionally, deductions under Section 80PA are available for certain activities.
By pooling resources, farmers can buy inputs at lower rates and sell produce at higher prices through collective bargaining.
Obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for all directors.
Applying for name reservation with ROC. The name must end with "Producer Company Limited".
Drafting the Memorandum and Articles of Association specifying the producer objects.
Filing SPICe+ forms with ROC. Upon approval, the Certificate of Incorporation is issued.
We provide a dedicated Startup Advisor, monthly compliance status reports, and ensure 100% accurate filing at the lowest fees in the market.
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