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Why do we need producer company registration in India?


A Producer Company is an organization which fundamentally deals with agriculture and its activities. Famers in India are chaotic and they are unaware of new innovations or assets that they require for their farming resources. A Producer Company comprises of agriculturists as members who altogether run the organization. This empowers them to accomplish economies of scale, spare expenses and receive benefits while working together.
In order to shape a Producer Company, you will require -
·         No less than 5 Directors,
·         Minimum paid up capital of Rs. 5,00,000,
·         At least 10 Members i.e. Investors or Shareholders,
Swarit Advisors in India is one of the leading consulting firms which help in applying online for the legal registration process for our customers who approach us. You may anytime take the experts help by dialing our phone number.
Why Does The Producer Companies are So Famous?
There are following mentioned key highlights that make it demanding have a look at them:-
·         Isolate legal entity with limited liability and never-ending presence,
·         Higher Credibility of Business, acquiring better negotiability and huge contracts and deals,
·         Permitted to acknowledge deposits and giving loans to its individuals without interest,
·         Straightforward and simple compliances,
Know the Documents Required for Producer Company Registration
·         A copy of Director's PAN Card, Aadhaar Card or Voter ID Card, and Passport Size Photograph,
·         Statements and Affidavits from Directors and Members,
·         A copy of Rental Agreement, Electricity or Water Bill, Property Papers,
·         The Digital Signature Certificate (DSC) of all the directors is required.
What is the Online Procedure for Producer Company Registration?
Once you provide the above mentioned required documents to your professional who is guiding you then the expert will review the details and may or may not ask questions to you, to understand what additional documents who will be required to submit during the registration process. Now the digital signature will be applied and DIN as well if required. The professional will then continue for the name approval application with the Ministry of the Corporate Affairs (MCA). You should propose three unique names for the Producer Company out of which one will be endorsed. The expert will help you to suggest an appropriate name.
During this process, the Memorandum of Association (MOA) and Articles of Association (AOA) must be drafted and once the name approval is done, the MOA and AOA will be submitted to MCA alongside the Share Subscription Statement. After this, the tax expert will track your status of producer company registration application and will inform you, once the registration is done. Once the registration is approved, the MCA will issue your Certificate of Incorporation.
What Are The Fees and Time Required for Producer Company Registration?
The entire procedure of online registration of Producer Company can be finished in about 25-30 days. Once you get in touch with experts at Swarit Advisors you may get immediate assistance and we will let you know about the complete package that is required for the registration process. You may hire a superior skilled professional at your end in case if you find trouble in applying online for the registration of your producer company.
Why You Must Opt for Swarit Advisors for Producer Company Registration?
·         We have a team of experienced and qualified experts with a long time period of experience.
·         You can easily get an access to the highly qualified experts anytime, anywhere in India.
·         We give cost-effective solutions to our customers. No hidden charges or long-haul commitments.
·         100% guaranteed solutions as customer satisfaction is of utmost importance to us. Our unconditional promise ensures that you get finish fulfilment, each time you pick our administrations.
·         We deliver what we commit on time,
·         Our dedicated team experts are constantly available to support you 24/7 hr.
All you can do is dial our phone number or drop us an email to us whenever you need help and support. We will feel glad to help you.