Permanent address Proof(Bank Passbook-front page/Latest utility bill)- All Directors
Address Proof of proposed Registered Office of company
a) If taken on rent then rent agreement with utility bill
b) If not taken on rent or owned by any other entity then NOC signed by owner
c) If owned by Director then sale deed with electricity bill
Passport size photograph-All directors
Main objects of proposed company in detail
Six names of proposed company as per preference
Significance of names of proposed company
Signed subscribers sheet (Format will be provided by us.)
Obtaining DSC & DIN
Filing Name Application
Appointment of the First Directors
Creating and filing of documents with RoC
Filing application for PAN & TAN
Limited Liability- Shareholders are legally responsible for the debts of the company only to the extent of the nominal value of their share
Uninterrupted Existence- The business has separate legal entity and there is continuity even if any of the shareholders die
Better Credibility- A producer company enjoys better credibility when compared to unregistered producer organisations. Producer companies are registered and monitored by the Central Government
Easy to Manage- The Board of Management of a producer company can be easily changed by filing simple forms with the Registrar of Companies
Ownership- No member can make any claim upon the property of the producer company as long as it is a going concern
Limited Liability- In a Producer Company, the members are not held personally responsible for the liabilities of the Producer company
What is the minimum number of Directors required to form a Producer Company?
A minimum of five directors to register a Producer Company.
Is Physical presence required for incorporation of Producer Company?
The entire procedure is online and you don’t have to be present at any office for incorporation.
Can NRIs/Foreign nationals become a director in a Producer Company?
Yes, after acquiring DIN/DPIN an NRI or Foreign national can become a designated partner in Producer Company though atleast one designated partner must be a resident of India.
Who can be a member in a Producer Company?
Any individual or organization can become the member of Producer Company including foreigners or NRI’s.
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