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Producer Co Registration
₹49.00
Producer Company Registration is the formal process of establishing a unique type of business entity in which primary producers, such as farmers, artisans, or individuals engaged in the production of goods or services, come together to form a cooperative enterprise. The purpose of this registration is to facilitate collective efforts, resource pooling, and mutual support among producers. Governed by specific regulations, the registration involves submitting necessary documents and obtaining approval from the appropriate authorities. Once registered, a Producer Company operates with the goal of enhancing the economic well-being of its members by promoting better production practices, marketing, and overall socio-economic development. The structure allows for equitable profit distribution among members, empowering them through shared ownership and decision-making in the cooperative venture.
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Process For Producer Company Registration:-
- Obtaining Digital Signature Certificate (DSC) and Director Identification Number (DIN)
The first step in the registration process is to obtain a digital signature certificate (DSC) and director identification number (DIN) for all the proposed directors of the company.
- Name Reservation
The next step is to apply for name reservation of the company through the Ministry of Corporate Affairs (MCA) website. The name should be unique and should not be similar to any other registered company.
- Preparation of Memorandum and Articles of Association
The next step is to prepare the memorandum and articles of association of the company. These documents contain the rules and regulations governing the company’s operations and management.
- Filing of Forms
After the preparation of the memorandum and articles of association, the next step is to file the required forms with the Registrar of Companies (ROC) along with the necessary documents.
- Payment of Fees
The next step is to pay the registration fees along with the filing of forms. The registration fees depend on the authorized share capital of the company.
- Obtaining Certificate of Incorporation
After the ROC verifies and approves the registration documents, a certificate of incorporation is issued to the producer company. The certificate of incorporation marks the completion of the producer company registration process.
Documents Required For Producer Company Registration:-
1. For Directors and Shareholders:
- Photographs:
- Passport-sized photographs of all proposed directors and shareholders.
- Proof of Identity:
- Copy of Aadhar card, passport, voter ID, or driver’s license for all directors and shareholders.
- Proof of Address:
- Recent utility bills, bank statements, or rental agreement as proof of address for all directors and shareholders.
- PAN Card:
- Copy of PAN card for all directors and shareholders.
2. Digital Signature Certificate (DSC) and Director Identification Number (DIN):
- Digital Signature Certificate (DSC):
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- DSC for all proposed directors.
- Director Identification Number (DIN):
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- Application for DIN for all proposed directors.
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3. Address Proof:
- Registered Office Proof:
- Utility bills or rental agreement for the registered office address.
4. Certificate of Incorporation and Other Registrations:
- Certificate of Incorporation:
Once approved, the Certificate of Incorporation will be issued by the Registrar of Companies (ROC).
- PAN and TAN:
Apply for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the company.
- Bank Account:
Open a bank account in the name of the Producer Company.
6. Application Forms:
- Name Approval Application (INC-1):
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- Application for reserving the proposed name of the Producer Company.
- Application for Incorporation (INC-7):
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- Application for incorporating the Producer Company.
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