Producer Company Registration Services in Chennai
A Farmer Producer Company is a hybrid of a cooperative society and a private limited company. These companies are playing an increasingly important role in the agricultural sector in India. They are helping to improve the incomes of small farmers, and they are also helping to reduce post-harvest losses and improve the quality of agricultural produce.
Starting From
₹2,800
with in *5 working days
Farmer Producer Company
A Farmer Producer Company is a legal entity formed by a group of farmers or primary producers to market their produce collectively and improve their bargaining power. It is a hybrid of a cooperative society and a private limited company, and is registered under the Companies Act, 2013.
A producer company can be formed by any 10 or farmers or by two or more producer institutions, or by a combination of both. The members of company have equal voting rights, regardless of the number of shares they hold.
Includes
- Digital signature for three directors
- DIN for three directors
- Name search and approval
- ROC registration fees
- Certificate of Incorporation, MOA and AOA
- Company PAN Card
The main objectives of Producer Company
- Improve the income and livelihood of farmers by aggregating their produce and marketing it collectively.
- Provide farmers with access to inputs, credit, and other services.
- Promote value addition to agricultural produce.
- Improve the bargaining power of farmers in the market.
Benefits of Farmer Company
Producer companies have been playing an important role in the agricultural sector in India. They have helped farmers to improve their incomes, access to inputs and credit, and market their produce at better prices. These companies have also helped to promote value addition to agricultural produce and improve the bargaining power of farmers in the market. Here are some of the benefits of forming,
Increased bargaining power
By aggregating their produce, farmers can bargain for better prices from buyers.
Reduced transaction costs
It can help farmers to reduce the transaction costs involved in marketing their produce, such as transportation and storage costs.
Access to inputs and credit
It can help farmers to access inputs and credit at better rates.
Value addition
It can help farmers to add value to their produce by processing, packaging, and branding it.
Improved market knowledge
It can help farmers to gain better knowledge of the market, which can help them to make better decisions about their produce.
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