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What is Producer Company Annual Compliance?

Complete information

A producer company is…
A Producer corporation is a corporation founded to engage in primary produce-related activities. Producer Companies are founded to produce, harvest, procure, grade, pool, handle, market, sell, port, or import primary produce or goods or services for their members. Here, “produce” means farm products. Producer Companies focus on agricultural and post-harvest processing.

Producer Company Annual Compliance

Companies must file annual compliance documents with the Registrar of Companies.
Any corporation must comply with Annual ROC.
The Producer Company must provide the Balance Sheet, P&L, and other papers to MCA.
As a Producer Company, you must file your Annual Compliance Forms appropriately and regularly to maintain your legal standing. A Producer Company’s primary annual compliances are below.
Hold a financial year AGM.
Examine Producer Company’s balance sheet and P&L.
Submit annual return.

Benefits of Producer Company Annual Compliance
  • Trust and transparency: Producer Company must comply. Regular Annual Compliance boosts a company’s trust and openness.
  • Active Status: The Registrar of Company may strike off the name of a Producer Company that fails to file its annual filing. Therefore, annual compliance helps retain active status.
  • Assures investors and customers: Annual Compliance gives the Producer Company a market advantage. This can promote the company and reassure investors and customers.
  • Avoiding Penalties: Regular Annual Compliance filing helps Producer Companies avoid severe penalties.
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Cost of Annual Compliance for Producer Company

Choose Your Package

Simple Prices | No Surprises

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ESSENTIAL

6999/-
(All Inclusive)

  • AOC 4 Filing
  • 2 MGT 7 Filing
  • ADT 1 Filing
  • Authorized Capital of Rs 1 Lakhs, turnover upto Rs. 50 Lakhs
  •  
Choose Plan
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ENHANCED

29999/-
(All Inclusive)

  • Accounting and Book-keeping
  • Financial Statement Preparation
  • Drafting Notice and Director's Report
  • AOC 4 Filing
  • MGT 7 Filing
  • ADT 1 Filing
  • Annual Filings for Company having Authorized Capital of Rs 5 Lakhs, turnover upto Rs. 50 Lakhs and upto 100 accounting transactions
  • One Year Income Tax filing upto turnover of Rs. 50 Lakhs
  • 5 DIR-3 KYC for 5 Directors
  • Professional certification on AOC 4
  •  
Choose Plan
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ULTIMATE

39999/-
(All Inclusive)

  • Accounting and Book-keeping
  • Financial Statement Preparation
  • Drafting Notice and Director's Report
  • AOC 4 Filing
  • MGT 7 Filing
  • ADT 1 Filing
  • Annual Filings for Company having Authorized Capital of Rs 5 Lakhs, turnover upto Rs. 100 Lakhs and upto 300 accounting transactions
  • One Year Income Tax filing upto turnover of Rs. 100 Lakhs
  • 5 DIR-3 KYC for 5 Directors
  • Professional certification on AOC 4
  •  
Choose Plan

Major Annual Compliance for Producer Company?

Points to make your decision easy

  • Form MBP 1: Every director shall in its first board meeting disclose about the interest in any company, firm or other AOI (including any shareholding interest) by filing Form MBP 1.
  • Form DIR 8: Every Director of the Company has to file the disclosure of non-disqualification in each Financial Year.
  • Form MGT 7: The Producer Company requires to file Annual Return in Form MGT-7 regarding the latest information about the directors and shareholders of the Producer Company.
  • Form AOC 4: Financial Statements in Form AOC-4 to be filed with the Balance Sheet, Profit and Loss Account, Directors’ Report, Cash Flow Statement, Auditor’s Report, and the Consolidated Financial Statement.
  • Form ADT 1: The auditor for the Company shall be appointed by the Board of Directors within a period of 30 (thirty) days from the Date of Incorporation of the Company. The appointment shall be filed in ADT-1.
  • DIR-3 KYC: All directors are required to file a form to do the KYC with the RoC in form DIR 3 KYC, if you have already submitted the form then one needs to verify the OTP over email and mobile no. otherwise all new director needs to submit this form.
  • Form DPT 3: The Return of Deposit should be filed before the Registrar of Companies in FORM DPT-3.

Annual Compliance Documents for Producer Companies

Quick Checklist

  • Memorandum of association
  • Article of association
  • Directors identity proof
  • PAN cards of the directors
  • Balance sheet
  • Consolidated Financial Statements
  • Director’s Report
  • Profit and Loss Account
  • Details of the Members / Producer

  • How to file Annual Filing Forms for Producer Company

    5 Easy Steps

    Fill a Simple Checklist

    A Compliance Manager will contact you to remind you of Annual Compliance filing form due dates and request your papers and a brief checklist. Fill out that checklist and send with your documents for processing.

    Preparation of Forms

    Our experts will verify and prepare returns for Annual Compliance once we receive the documentation. Your Compliance Manager will keep you informed of your Producer Company Annual Filing Process.

     

    Form Filing

    Your Annual Compliance submission Forms will be examined before submission with the Registrar of Companies. After your approval, we will file Annual Compliance Forms online. The acknowledgment receipt will be emailed to your registered email address after filing.

    Producer Company Annual Filing FAQs

    An Annual Return lists a company's share capital, indebtedness, directors, shareholders, dictatorship changes, corporate governance disclosures, etc.

    Two corporate directors must sign the Annual Return.

    Yes, Chaahna Associates' ROC filing expenses include government company return filing fees.

    Yes, Producer Companies must complete all Annual Compliance Forms with ROC regardless of their status.

    Producer Companies must hold at least four Board Meetings with a three-month gap between them.

    All MCA-registered companies must file a "Balance Sheet and Profit & Loss Statement with Directors' Report and Auditors' Report" in an acceptable format that declares the company's solvency. Directors must do this.

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