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Producer company registration (FPO)
Register a producer company, the legal form most farmer producer organisations (FPOs) use. We check that the members qualify as producers, draft the MOA and AOA under the Companies Act's chapter on producer companies, get DSCs and DINs for five directors, and file the SPICe+ forms. You get the certificate of incorporation with the company's PAN and TAN.
- Certificate of incorporation, PAN and TAN
- DSC and DIN for five directors
- MOA and AOA drafted for a producer company
- A CA handles your filing from start to finish
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- Since 2017
Price
Incorporation
₹24,999+ ₹4,500 GST
15–20 working days
- Check that members qualify as producers
- Name check and reservation, ending in 'Producer Company Limited'
- DSC and DIN for five directors
- MOA and AOA drafted for a producer company
- SPICe+ filing with PAN and TAN
- Certificate of incorporation
- Help opening a current account
Fees are before 18% GST. Government fees, state stamp duty and DSCs for subscribers who aren't directors are paid at actuals.
Who needs producer company registration (FPO)
- Farmers, dairy producers, fishers, weavers and artisans who want to buy and sell together
- FPOs promoted under government schemes that need to register as companies
- Producer groups that want member ownership with a company's structure
- NGOs and agencies helping producers form organisations
Documents you'll need
From each director
- PAN card
- Aadhaar card
- A recent passport-size photo
- Bank statement, or a phone, electricity or gas bill, not older than two months
- Email address and mobile number
From each member
- Identity and address proof
- Proof of being a producer, such as land records or a certificate from the revenue office or gram panchayat
For the registered office
- Electricity or water bill, or property tax receipt
- No-objection letter from the owner
You upload these from your order page after you pay. Scans or clear phone photos are fine.
How it works
- 1
Check the members
We confirm you have at least ten individual producers, two producer institutions or a mix of the two, and that each member can show they're a producer.
- 2
DSC and name approval
We get DSCs for the five directors and the other subscribers, and reserve a name ending with 'Producer Company Limited'.
- 3
Drafting and signing
We draft the MOA and AOA with your objects, such as procurement, processing, marketing or input supply, and the members' rights. The subscribers sign digitally.
- 4
Filing with the MCA
We file SPICe+ with AGILE-PRO-S, which also covers PAN and TAN, and answer any query from the Registrar.
- 5
Certificate of incorporation
The Registrar issues the certificate with the company's CIN, PAN and TAN. We send it with a checklist for the first year, including the first board meeting and the auditor.
What a producer company is
A producer company is owned by primary producers and formed under Chapter XXIA of the Companies Act, 2013. Its objects relate to primary produce, from agriculture, horticulture, animal husbandry, fisheries and forestry to handloom and handicrafts: producing, procuring, grading, processing, marketing and exporting it, and supplying inputs to members.
It needs at least ten individual producers or two producer institutions as members, or a mix, and at least five directors. Only producers can hold its shares, so outside investors can't take it over.
How it differs from a cooperative and a private company
Like a cooperative, it's owned by its members, and where the members are individuals each usually has one vote, whatever their shareholding. Unlike most cooperatives, it's registered with the Registrar of Companies, run by a board with a full-time chief executive, and follows company-style governance.
Unlike an ordinary private company, it can't bring in shareholders who aren't producers, and much of its surplus is returned to members as a patronage bonus, based on how much business each does with the company.
Government support
Central and state schemes for FPOs, such as the central scheme to form and promote 10,000 FPOs, offer support like equity grants, credit guarantees and help with management costs. Each has its own eligibility and is usually routed through an implementing agency.
Registering as a producer company is the starting point for most of these. We register the company and keep its filings in order; applying under a scheme is between you and the implementing agency.
Frequently asked questions
Who counts as a producer?
Anyone engaged in producing primary produce: farmers, livestock and dairy farmers, fishers, forest produce gatherers, weavers, artisans and similar. Members show this with land records or a certificate from a local authority.
How many members and directors are needed?
At least ten individual producers, two producer institutions or a mix of the two, and between five and fifteen directors. There's no upper limit on members.
Can a producer company take loans and grants?
Yes. It can borrow from banks and others, and receive grants under government schemes, subject to its articles and each scheme's conditions.
Can an existing cooperative become a producer company?
The Companies Act lets an inter-state cooperative society apply to become a producer company, with its members' approval. Ask us to check whether your society qualifies.
What does a producer company file every year?
Like other companies, it holds an AGM, has its accounts audited, files AOC-4 and MGT-7 with the Registrar and files an income tax return, and its directors complete DIR-3 KYC. The Act also requires an internal audit of its accounts.
What are the government fees?
MCA fees depend on the authorised capital, and stamp duty on the MOA and AOA depends on your state. We tell you the exact amount before filing and pay it at actuals.