Producer Company Registration
Keynotes on Producer Company Registration
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Producer Company Registration
Do you want to start a business of agricultural production, export and trading of primary production in India? Then you are at right stage because Producer Company is the most easy and affordable way to start loan business in India. It only requires 10 persons with easy documents requirement to start the Producer Company. The minimum capital requirement for Producer Company registration is Rs. 5 lakh.
Producer Company can only do business of production, procurement, harvesting, grading, poolong, marketing, trading of the primary produce with the help pf its members and financing them for these activities which includes extending credit facilities also. It cannot deal with the public directly and can only work with its members. However, one can easily make members under Producer Company with few documents and easy process. Also, Producer Company Registration is the only form of company available to start the loan company in India without RBI approval.
Producer Company is hybrid of Company and Co-operative Society. It combines the goodness of a co-operative enterprise and vibrancy and efficiency of a company and accommodates the unique elements of cooperative business with a regulatory framework similar to that of a company.
Also, mylegalbook.com is specialized company for registering and managing Producer Company in India and manages hundreds of companies across India. We have a top consulting company for starting and managing business in India.