Startup
Producer Company
A Producer Company was introduced in India with the Companies Act, 2013.
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A Producer Company was introduced in India with the Companies Act, 2013. It gives persons engaged in activities related to producing (what has been grown or produced, particularly by farming) the opportunity to form a company.
A producer company can be formed by 10 or more producers (persons involved in, or in activities related to, produce or growth), two or more producer institutions or a combination of 10 or more producers and producer institutions. Such a company can only have equity capital, require a minimum of five directors and an authorised capital of Rs. 5 lakh. The procedure for forming a Producer company is similar to the one for forming a private limited company.
Types of Producer Companies
Production Businesses
The main functions of producer companies are production, procurement or manufacture of any primary produce for its members (for further sale) and to others.
Marketing Businesses
Even a business involved in the marketing or promotion of primary produce or provision of educational services to members and others can constitute itself as a producer company.
Technical Service Businesses
Any business offering technical assistance to producers, providing training and educational services or conducting research and development can register as a producer company.
Financing Businesses
Any business financing producer activities, be it in the production, marketing or development domain, can register itself as a producer company.
Infrastructure Businesses
Businesses involved in providing infrastructure to producers, whether in the form of electricity, water resources, irrigation techniques, land utilisation, or consultation with regard to the same, may constitute themselves as a producer company.
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Trademark Search
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Trademark Search
We conduct a thorough search of the TM directory
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Trademark Search
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