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Registering a Producer Company in India involves several steps and compliance requirements. Here’s a detailed procedure for registering a Producer Company:
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Any farmer or producer that produces an agricultural commodity can profit from starting a producer business in a number of ways.
Acquiring, producing, harvesting, pooling, promoting, and selling commodities and services for the benefit of members should be among the goals of a producer company. The producer company facilitates the growth of cooperatives as corporations and backs their transformation into corporations. The farmer producer company's mission is to support the collective efforts and collaboration of India's economically disadvantaged farmers in order to improve their lot in life.
It is simple to start a producing business. However, you may receive professional guidance from a legal adviser at AGGARWAL TAX SOLUTIONS, who can streamline and expedite the process of acquiring Producer Consumer Registration.
The number of directors in a Producer firm must be at least five.
Ten members or more are required for producer-consumer registration.
A Producer company Registration can be created by the joining of at least two institutions.
Registration of a Producer company requires a minimum capital of Rs. 5 lakhs.
It is not possible to convert a Producer firm into a Public Limited Company.
Copy of PAN Card of directors
Passport size photograph of directors
Aadhaar Card/ Voter identity card
Rent agreement (If rented property)
Electricity/ Water bill (Business Place)
Property papers (If owned property)
Landlord NOC (Format will be provided)
Farmer Certificate
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