Producer Companies have specific compliance requirements under both general Companies Act provisions and special Producer Company rules.

Annual Compliance Requirements

• Board Meetings (minimum 4 per year)
• Annual General Meeting
• Annual Return filing (Form MGT-7)
• Financial Statements filing (Form AOC-4)
• Income Tax Return
• Director KYC

Special Producer Company Requirements

• Maintain producer character (members engaged in primary produce)
• One member one vote principle
• Dividend limited to 15% or as prescribed
• Maintain reserves as per rules
• Compliance with patronage bonus requirements

Financial Compliances

• Maintain proper books of accounts
• Audit of financial statements
• Reserve fund maintenance (25% of net profits)
• Patronage bonus distribution

Meetings and Governance

• Minimum 4 board meetings
• AGM within 6 months of FY end
• Special resolution for major decisions
• Member participation in governance

Our Services

• Annual compliance management
• Board meeting and AGM support
• ROC filings
• Reserve fund maintenance
• Patronage bonus calculations
• Tax compliance
• Government subsidy documentation

Specialized producer company compliance services!