A Farmer Producer Company (FPC) is a hybrid legal entity combining the benefits of cooperative societies and private limited companies, specifically designed to empower farmers and agricultural producers. Registered under the Companies Act 2013 (Part IXA), FPCs enable small and marginal farmers to collectively enhance their bargaining power, access better markets, obtain credit facilities, and share resources for improved agricultural productivity. Our expert team provides comprehensive FPC registration services, helping farmer groups establish legally compliant producer organizations.
"Farmer Producer Companies transform individual farmers into organized entrepreneurs, enabling collective strength in procurement, production, and market access for sustainable agricultural growth."
FPCs require a minimum of 10 farmer members (individuals who are primary producers) and at least 2 directors. The government provides various incentives including equity grants, credit guarantee funds, and capacity building support through schemes like Formation and Promotion of 10,000 FPOs. Our team handles the complete registration process, from name approval to incorporation certificate, and provides ongoing compliance support.
We provide end-to-end FPC registration and compliance services including documentation, ROC filing, government scheme assistance, and ongoing annual compliance support. Our expertise ensures farmer groups receive all benefits and subsidies available under government programs.
A Farmer Producer Company is a hybrid legal entity combining features of cooperative societies and private companies. It allows farmers to collectively own and manage a business, enabling them to access better markets, negotiate prices, and avail government benefits. FPCs are registered under the Companies Act, 2013.
An FPC requires a minimum of 10 farmer members (individuals) or 2 producer institutions (FPOs, cooperatives) to incorporate. There must be at least 5 directors, and all members must be primary producers engaged in agriculture, horticulture, floriculture, animal husbandry, or related activities.
FPCs can avail benefits under various schemes including NABARD equity grant support (up to ₹15 lakhs), credit guarantee fund coverage, tax exemptions for 5 years, subsidies under the Formation and Promotion of FPOs scheme (10,000 FPO scheme), and access to Agricultural Infrastructure Fund for infrastructure development.
FPCs must file annual returns with ROC (Form AOC-4 and MGT-7), maintain proper books of accounts, conduct annual general meetings, file income tax returns, and comply with GST regulations if applicable. They also need to maintain member registers and share transfer records as per company law requirements.
FPC registration typically takes 15-30 days from document submission, subject to ROC approval. This includes name reservation (3-5 days), digital signature and DIN for directors (5-7 days), and incorporation filing (7-15 days). Having all documents ready and accurate information can expedite the process.
