Apply for name reservation, director identification number and digital signature certificate.
Gather and file the required documents for registration with mca
Acquire certificate of incorporation
Producer company means a body corporate having objects or activities specified in section 581B and registered as producer company under this Act.[S.581A(1)].Production, harvesting, procurement, grading, pooling, handling, marketing, selling, export of primary produce of the Members or import of goods or services for their benefits.
(1) Tax Benefits
(2) Simple management
(3) Loans and investment
(4) Separate Legal entity
(5) Help the members
Producer Company can only do business of production, procurement, harvesting, grading, poolong, marketing, trading of the primary produce with the help pf its members and financing them for these activities which includes extending credit facilities also. It cannot deal with the public directly and can only work with its members. However, one can easily make members under Producer Company with few documents and easy process.Also, Producer Company Registration is the only form of company available to start the loan company in India without RBI approval.
(1) PAN card of all the directors and shareholders.
(2) Latest electricity bill.
(3) Bank statement of all the directors and shareholders
(4) Telephone bill.
(5) Gas bill.
(1) What is producer company?
(2) Who are the members of producer company?
(3) Is a producer company a private or a public company?
(3) What is the minimum capital required for a producer company?
