Producer Company Registration In India | Online Process

Producer Company Registration is Easy and Affordable. Get Your Company Certificate Today and the Benefits of Being a Producer Company Registration in India with Registration Guru A Producer Company is a type of company registered under the Companies Act, 2013, which is formed by a group of ten or more primary producers or by two or more producer institutions or a combination of both. The main objective of a Producer Company is to facilitate the production, procurement, and marketing of primary produce of its members and to ensure better income and livelihood opportunities for them. The members of a Producer Company Registration can be farmers, artisans, fisherman, dairy farmers, weavers, or any other primary producer who is engaged in the production of goods and services.   Producer Company Registration involves obtaining Digital Signature Certificates (DSC) and Director Identification Numbers (DIN), drafting of Memorandum of Association (MOA) and Articles of Association (AOA), and filing the registration application with the Registrar of Companies (ROC). The registration process is similar to that of a Private Limited Company Registration Process, with some additional requirements specific to Producer Companies. Types of Producer Company Registration : There are two types of Producer Companies that can be registered in India: Producer Company with Limited Liability: This type of Producer Company has limited liability, and the liability of its members is limited to the extent of their share capital contribution. Members of this type of company do not have to contribute further in case of any loss incurred by the company. Producer Company with Unlimited Liability: This type of Producer Company does not have limited liability, and the liability of its members is unlimited. In case of any loss incurred by the company, the members are liable to contribute further, even beyond their share capital contribution. This type of company is rare and not very popular among the primary producers.