The Procedure of Producer Company Registration in India

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The Procedure of Producer Company Registration in India

A Producer Company is a business entity that you can establish to deal in agricultural produce. Because it is a company, the process of incorporating it is the same. However, the nuanced nature of business it represents makes it necessary for us to give you the exact steps of Producer Company registration. So, here it is. Follow this process to establish your business entity.

Step 1: Understand the type of agricultural business that you want to start

There are multiple types of agricultural businesses in India, and not all of them rely on agricultural produce. Some are related to pesticides, other are related to grain processing. Therefore, before committing to get the producer company registration certificate, decide the type of producer company you want to start. It will set the foundation for your business, and depending on the nature, might open several funding doors for you.

Step 2: Decide a good name for your company

Selecting the right name is perhaps the most important part of the company. Not only should it be unique, but it must also establish the right tone for your business. One would ensure that your company’s title meet the necessary regulations, and the other aspect sets the appeal for your business. For help, you can consult with the company name search module. It will give you a rough idea about the types of names normally are of a producer company in India. But remember, you’re not supposed to copy these names, merely take inspiration from them.

Step 3: Get the Digital Signature Certificate

The DSC or Digital Signature Certificate is the document that you use to authenticate the documents that you submit online. As the procedure company registration for a Producer company entails filing the application via the MCA portal, a DSC is one of the primary document requirements in front of you.

Step 3: Getting the DIN of the business

Each director of the producer company requires a Director Identification Number to fill the application form for Producer company registration. It becomes the foundation ID of the directors of the company when it comes to settling compliances for the firm.

Step 4: Drafting the Articles and Memorandum of Association

Two documents are required in the producer company registration process that informs the MCA about the objective and rules of your company. They are the Memorandum of Association and Articles of Association. Draft them beforehand in the proper format to ensure down the line, you don’t come across any other issues.

Step 5: Filling the application form for company incorporation in India

After accumulating all the documents, fill the application form for company incorporation on the MCA portal. The process is fairly simple and you won’t encounter any issues following the steps. However, you have to make sure that when filling the application form, you’re entering the correct details.

Step 6: Get the company incorporation certificate

The MCA will assess your application. If there are no errors, you will get a company incorporation certificate. And, if there are any issues, you will receive a notification directing you to fix those issues as per the deadline.

Conclusion

So these were the six steps to establish a producer company in India. No, they are not so different from the standard company registration process.

However, if you want to find out how it really differentiates from the rest, consult with Registrationwala. The producer company registration procedure follow the same steps as the standard private limited company registration in India. Read to know more.

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