Producer Company Registration
The aim of Producer Company to empower all the marginal and small scale farmers in such a way to unlock their economies crisis and to educate them to use all latest and new technologies to lead their life in a better and improved way.
What is a Producer Company?
A company formed officially with the primary aim to improve the standard of farmers and agriculturists and it is named as a ‘Producer Company’. This type of company is formed under the Companies Act 1956, and according to the act the producer company can be formed with a minimum of 10 individuals or more individuals or with 2 institutions or more or with a combination of both like 10 individuals and 2 institutions. And it should have one of the following as their business aim:
- Production
- Procurement
- Harvesting
- Marketing
- Grading
- Handling
- Pooling
- Selling
- Export
To start a Producer company, the individual or the farmers have to get a Producer Company Registration Online in India according to the rules and regulations of the government.