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Farmer Producer Company (FPC) Registration

A Farmer Producer Company (FPC) is a hybrid structure combining features of cooperative societies and private companies. It helps farmers pool resources, access markets, and get better returns for their produce.

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Reviewed byBusiness registration expert•Updated May 5 2026, 02:30 PM
Professional Fees
Loading...+ Govt. Fees
Estimated Time
15-20Working Days
Minimum 10 farmer members required
MOA and AOA drafting for producer company
MCA SPICe+ filing and coordination
Board of Directors setup guidance
NABARD and government scheme advisory
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Farmer Producer Company Overview

FPCs are designed to uplift farmers through economies of scale. They operate similarly to private limited companies but are structured around cooperative principles.

Navigating the regulatory landscape for Farmer Producer Company can be complex. Properly executing this process ensures that your operations remain compliant with the latest government regulations and industry standards. By securing the right approvals, registrations, and legal documentation, you create a solid foundation that minimizes legal risks and positions you for sustainable growth.

Our team helps with eligibility checks, document collection, application preparation, filing, and follow-up support so the process stays clear from start to finish.

Eligibility

An FPC requires a minimum of 10 primary producers (farmers) or two producer institutions. Only persons engaged in agricultural activities can be members.

Minimum 10 Farmers
Minimum 5 Directors
Proof of Agricultural Activity
Minimum ₹5 Lakh Capital

Benefits

Better Market Access

FPCs can directly sell to buyers, processors, and retailers.

Collective Bargaining

Farmers get better prices by pooling produce and negotiating collectively.

Government Support

FPCs are eligible for NABARD, SFAC, and government grants.

Limited Liability

Member liability is limited to their share contribution.

Documents Required

  • PAN Card of all promoter members (minimum 10 farmers)
  • Aadhaar Card of all promoter members
  • Passport-size photograph of all members
  • Address proof of all members
  • Land ownership / cultivation proof of farmer members
  • Registered office address proof
  • NOC from property owner (if rented)
  • Proposed company name (minimum 2 options)

Process

Step 1

Identify Members (min 10)

Gather at least 10 farmers with proper identification and land proofs.

Step 2

Name Approval (RUN on MCA)

Apply for a name ending with 'Producer Company Limited'.

Step 3

Draft MOA & AOA

Draft documents focusing on agricultural production and mutual assistance.

Step 4

File SPICe+ on MCA

Submit incorporation documents.

Step 5

Get Certificate of Incorporation

Receive the COI, PAN, and TAN.

Step 6

Apply for NABARD / Scheme Benefits

Leverage government schemes designed for FPOs.

Timeline

FPC registration generally takes 15 to 20 working days, as it involves coordinating documentation among at least 10 farmer members.

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Frequently Asked Questions

Can non-farmers invest in an FPC?

No, membership and shareholding in a Farmer Producer Company are strictly restricted to primary producers or producer institutions.

What is the minimum capital required?

A minimum paid-up capital of Rs. 5 Lakhs is required to incorporate a Farmer Producer Company.

Are FPCs exempt from tax?

FPCs can claim a 100% deduction under Section 80PA of the Income Tax Act if their total turnover is less than Rs. 100 crores.

Can an FPC be converted to a public limited company?

An FPC cannot be converted into any other form of company. It must remain a producer company.

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