A Producer Company is a unique type of corporate entity established under the Companies Act, 1956 (now governed by the Companies Act, 2013) that is designed for primary producers such as farmers, agriculturists, and other individuals involved in primary production activities. The primary objective of a Producer Company is to enhance the standard of living of its members by ensuring better income, profitability, and support systems. Any 10 or more individuals, 2 or more institutions, or a combination of both (10 individuals and 2 institutions) can come together to incorporate a Producer Company to process, trade, or produce primary produce.
A Producer Company is ideal for farmers, agriculturists, and primary producers who want to collectively improve their economic standing.
Documents are grouped the way the Registrar reviews them — director/member, registered office, and company details.
Each stage is a real, sequential filing step on the MCA SPICe+ system.
We obtain Class 3 Digital Signature Certificates (DSC) for the proposed directors and apply for their Director Identification Number (DIN).
We check availability and reserve your proposed company name with the Registrar of Companies, ensuring it reflects the nature of a Producer Company.
We prepare the Memorandum and Articles of Association and file the SPICe+ Part B form for incorporation. The MoA defines the company's objectives as being a Producer Company.
The ROC examines the filing. If any clarification is sought, we respond on your behalf within the resubmission window.
On approval, the Registrar issues the Certificate of Incorporation with your Corporate Identification Number (CIN), along with company PAN and TAN.
We assist with opening the current bank account, and provide guidance on the first-year statutory compliance calendar, including bookkeeping and financial reporting requirements.
A Certificate of Incorporation has no expiry date — the company continues with "perpetual succession" until formally wound up or struck off. There is no renewal filing for the certificate itself, but the company must stay active through recurring statutory compliance:
We manage every filing, query, and follow-up with the Registrar so you are never navigating the MCA portal alone.
We verify name availability and ensure your company structure meets all Producer Company requirements.
MoA, AoA, and SPICe+ forms drafted and filed by our in-house team, ensuring all Producer Company-specific clauses are included.
Registrar clarifications answered on your behalf within the resubmission window.
We coordinate current account opening and PAN/TAN issuance after incorporation.
A first-year statutory compliance schedule so no ROC or tax deadline is missed.
A single point of contact for questions throughout the process.
Talk to a First Auditor specialist today — get a clear fee quote and document checklist before you start.
Copyright © 2024 First Auditor,All Rights Reserved.