Start an FPO

Start your own farmer producer company

What incorporating a producer company involves, from DSC and DIN to the SPICe+ filing and the Certificate of Incorporation, and the documents each director needs.

Registered with the MCAYour company gets a 21-character CIN
At least five directorsCrop, dairy or fishery producers

Enquire for FPO Formation

Tell us about your group. Your enquiry is recorded with a reference ID.

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Your enquiry is recorded for the YieldWise CA desk and is visible to YieldWise staff.

Incorporation steps

How your FPC is incorporated

From director signatures and identification numbers to the Certificate of Incorporation.

Step 01

DSC & DIN Preparation

Obtaining Digital Signature Certificates and Director Identification Numbers for the founding directors (at least five).

Aadhaar & PAN verification
Step 02

Name Reservation (RUN-SPICe+ Part A)

Securing Ministry of Corporate Affairs (MCA) approval for your unique company name ending in "Producer Company Limited".

Up to 2 name options submitted
Step 03

Drafting MOA & AOA Charter

Drafting constitutional documents embedding mandatory Producer Company mutual assistance principles under Chapter XXIA of Companies Act, 2013.

Producer membership clauses
Patronage bonus rules
Member voting rights
Step 04

SPICe+ Filing & CIN Issuance

One application for the Certificate of Incorporation (with the CIN), the company PAN and TAN.

21-character CIN on incorporation
Step 05

Bank Account & Statutory Registers

Opening the company bank account and setting up the statutory registers the Act requires a producer company to keep.

Company bank account
Register of members

Documents

Documents you will need

What each founding director and the registered office need to provide.

For Founding Directors (Minimum 5 Primary Producers)

Each director should be ready to show proof of being a producer (crop, dairy, or fishery).

PAN CardEach director's PAN, for the DIN and the incorporation forms
Aadhaar CardProof of identity and address for each director
Producer Proof (RTC / Patta / Pahani / 7/12 / Dairy / Pond Lease)Official proof demonstrating primary agricultural, fishery, or dairy producer status
Bank Statement / Utility BillRecent proof of personal residential address (less than 60 days old)
Passport Size PhotographsDigital color photographs of each founding director

For Registered Office Address

Can be at a director’s residence, village warehouse, or rented shop.

Registered Office Address ProofRecent electricity bill, telephone bill, or gas bill of the office location
NOC from Property OwnerNo Objection Certificate allowing company incorporation at the premises
Rent / Lease AgreementIf the registered office premises is rented or leased

Questions

Before you start

Who can form a producer company, how many directors it needs, how it is taxed, and whether an existing body can convert.

Ten or more individual producers, two or more producer institutions, or ten or more individuals and producer institutions together can form a Producer Company under Chapter XXIA of the Companies Act, 2013.

Have questions before starting?

Call us to talk through state rules or formation requirements.