PAN Card & Aadhaar Card
Passport-size Photograph
Address Proof (Bank Statement/Electricity Bill)
Rent Agreement & NOC (if rented)
Latest Utility Bill (Electricity/Water Bill)
Declaration by members confirming producer activity
Self-declaration for non-acceptance of deposits
Terms & Conditions
Member Requirements:
Minimum of 10 individuals or 2 producer institutions required. All members must be primary producers as defined under the Act.Name Approval:
Two name options required. Only one approval attempt is included; extra attempts cost ₹2,000 each.Processing Time:
Registration may take 7–10 business days after receiving complete documents. Delays may occur due to MCA response times.Compliance Obligations:
Annual ROC filings, audit, board meetings, and ITRs are mandatory. Failure attracts penalties under Companies Act, 2013 and IT Act.Pricing & Exclusions:
Prices exclude government charges, stamp duty, and applicable GST. State-specific costs may vary.Refund & Cancellation:
No refunds after service initiation. Refund only applicable before MCA filing. Rejections due to incomplete documents are not refundable.Disclaimer:
Kanoons facilitates Producer Company incorporation. MCA approval depends on documentation and registrar discretion.
📌 Kanoons ensures transparency, legal compliance, and expert guidance from farm to formal business.
Producer Company Registration
Empowering farmers and rural entrepreneurs with corporate identity and collective strength.
A Producer Company is a special type of company registered under the Companies Act, 2013, exclusively for producers such as farmers, artisans, and agriculturists. It enables rural producers to collectively operate as a corporate body, access better markets, and benefit from professional management.
Producer Companies can deal in production, harvesting, processing, procurement, grading, marketing, and sale of agricultural produce. They can also engage in import/export of goods, training, research, and services to benefit their members.
At Kanoons, we help empower rural and agri-based entrepreneurs by guiding them through the legal complexities of forming a Producer Company—from documentation to incorporation and post-compliance.
Why Choose Producer Company? (Advantages & Disadvantages)
Advantages:
- Collective bargaining power for producers
- Access to grants, loans, and subsidies
- Professional governance and corporate benefits
- Tax exemptions in certain cases
- Enhanced market reach through aggregation
Disadvantages:
- Higher compliance compared to traditional cooperatives
- Mandatory audits and ROC filings
- Requires legal knowledge and financial discipline
Who Should Register an Producer Company?
- Farmer groups or co-operatives aiming to collectively market and sell produce
- Rural entrepreneurs producing or dealing in agriculture, dairy, fisheries, or handicrafts
- Self-help groups (SHGs) or tribal communities
- Agro-based startups and SMEs
- Agricultural exporters and importers
- NGOs and foundations looking to formalize their rural business activities.
Documents Required for Producer Company Registration
Director’s & Members Documents:
- PAN Card & Aadhaar Card
- Passport, Voter ID
- Passport-size Photograph
- Address Proof (Bank Statement/Electricity Bill)
Business Address Proof:
- Rent Agreement & NOC (if rented)
- Latest Utility Bill (Electricity/Water Bill)
Additional Documents:
- Declaration by members confirming producer activity
- Self-declaration for non-acceptance of deposits
Producer Company Process (Step-by-Step)
- Consultation & Eligibility Check
- Digital Signature Certificates (DSC) for Directors
- Director Identification Number (DIN)
- Company Name Approval via RUN Service
- Filing of SPICe+ Form for Incorporation
- MOA & AOA Preparation (with Producer Clauses)
- PAN, TAN & COI Delivery
- Assistance in Bank Account Opening
Kanoons ensures a hassle-free, 100% online Producer Company registration process!
What’s Included in Our Producer Company Registration Package?
- 5 DSCs & 5 DINs
- Company Name Reservation
- MOA, AOA with Producer Clauses
- SPICe+ Form Filing
- PAN, TAN, Certificate of Incorporation
- Initial Compliance Advisory
Post-Incorporation Compliances for Producer Company
✔ Conduct the first board meeting within 30 days of incorporation
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Open a current bank account and deposit share capital
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Maintain proper books of accounts as per Companies Act
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Filing of Form AOC-4 (financials) and Form MGT-7A (annual return)
✔
Filing of Income Tax Returns and audit reports
✔
Annual ROC filings and other returns applicable to Producer Companies
Why Kanoons?
🌟 End-to-end support for registration and post-registration filings
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Dedicated consultants for rural legal compliance
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Government scheme support (NABARD, SFAC)
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Year-round reminders for ROC and Tax compliances
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Drafting of board resolutions and MOA/AOA tailored for producer operations
Failure to meet Producer Company obligations can result in severe consequences:
- Failure to file ROC returns: Penalty of ₹100/day with no upper cap
- Non-maintenance of statutory records: Fines ranging from ₹25,000 to ₹5,00,000
- Not conducting meetings or failing audit compliance: Attracts disqualification of directors
- Late ITR filing: Penalties under the Income Tax Act up to ₹10,000
Valuable insights to change your startup idea
FAQ
Producer Company Frequently Asked Question
Who can form a Producer Company?
Any 10 or more primary producers, or 2 producer institutions, can collectively form a Producer Company.
Can a Producer Company take external funding?
Yes, subject to certain restrictions. Equity participation is limited to members. External loans and grants may be accepted under government schemes.
What activities are allowed under a Producer Company?
Procurement, processing, production, marketing, export/import, training, and welfare services for producers.
Are tax exemptions available?
Yes, Producer Companies may enjoy agricultural income exemptions and subsidies, depending on the nature of business and location.
Can a Producer Company convert to another type of company?
No, Producer Companies cannot be converted into public or private limited companies.
Is audit mandatory for a Producer Company?
Yes, all Producer Companies are required to get their accounts audited annually as per the Companies Act, 2013.
Get Started Today!
Incorporate Your Producer Company Now & Get Legal Compliance Support!
Limited-Time Offer
Get Your Producer Company Registered at ₹99,999!
Take the first step towards building a legally recognized and protected business. With Kanoons, experience a hassle-free, fully online Producer Company backed by expert legal and compliance support.
"Simplifying Law & Taxation – Your Compliance, Our Commitment."
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"With Kanoons, we turned our farmer collective into a registered company. The team was cooperative and transparent."
Rekha Devi Agri Entrepreneur