Easily Start a Producer Company

Complete solution for starting a Producer Company with a minimum of ten producers,
including incorporation of company as producer company.

PRODUCER COMPANY

A Producer’s Co-operative is typically operated by farmer in order to process and market their goods as well as to acquire credit, equipment and production supplies. The concept allows farmer co-operative to operate as a corporate entity under the ministry of corporate affairs it enable incorporation of co-operative as companies and conversion of existing co-operative in to company example AMUL BUTTER. Only a  ‘Primary producer’ can become shareholders in the producers company i.e those who are engaged in primary production.

If you want to Register your Producer Company than Taxease.co will help you in Registration and in all the Compliance after Registration.  

 It Cover activities such as

Animal husbandry: breeding or caring of animals in the farm.

Horticulture: Producing, growing plants, fruits or vegetable.

Floriculture: Growing flowers

Pisciculture: Fish Farming

Viticulture: Producing grapes

Foresting: Preserving Forest

Re-vegetation land: Re-building or re-planting distributed land

Bee liaising: keep bees to collect honey

Area of operation is not restricted as compare to co-operative society and it has lesser government intervention in producer company are more preferred.

 Analysis on Producer Company

Producer Companies are Private Limited Company. It can become public or deemed Public Limited Company.

Ownership and membership are primary producer

The area of producer company operation is the entire country.

Minimum paid up capital is 5 lakh

It required 10 or more producer (individual) or 2 or more producer institutions or combination of the above two (10+2)

Every producer shall have at least 5 directors but not more than 15 directors ,a full time CEO should be appoint by the board.

Every producer company has to maintain a general reserve in every financial year and if any shortfall occurs members contribution is required in proportion to their Sponsorship in the business.

Producer Company has goodness of a co-operative enterprises and efficiency of a company.

Producer company can take the advantage of various central and state government scheme like “ National food security mission, Rastriya Krishi Vikas Yojana funds and so on.

Conversion is not possible in to any other business structure.

Producer Company shall have words “Producer Company Limited” at the end of its name.

One man one vote only

ADVANTAGES OF PRODUCER COMPANY

Life Span

Death and insolvency of any of the member does not affect the continuity of the company. Thus the life of its members does not affect the company. Person can become member or even can leave the organization. Transfer of share can not affect the company.

Legal separate entity

Producer Company is an artificial distint Entity so it is separated by law from its owner. In case of Sole Proprietorship business comes to wound up in case of death of the owner  unlike Producer Company. 

Limited Liability

The liability of the shareholder is limited upto unpaid subscription money in his name and the personal Asset does not get affected by it unlike Sole proprietor or Partnership Firm.  

Combination

Producer Company is the Hybrid form of the Co-operative Society and Corporate Entity. 

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TECHNOLOGY

We use the latest technology on the internet which helps us in delivering accurately and within minimal time to those who avail our services because we don’t compromise on the quality of our service.

OUR MISSION

To deliver professional services at an economical rate and on timely basis because we value your precious time. We aim at helping small businesses to compete effectively in the market. We wish to be known by the quality of services we provide.

EXPERIENCE

We have people who are very particular about there work ethic. In our entity, work comes first. We have staff who are highly qualified. We also run a CA firm from the past 30 years. 

COMPETITIVE EDGE

In general we have expertise in all our fields of work but our compliance work is what gives us an edge over the other companies. We are very thorough with our follow ups resulting in everything being done well in advance, thus avoiding unnecessary delay.