Farmer Producer Company (FPC) Registration
Farmer Producer Company (FPC) Registration allows groups of farmers to collectively form a legal entity under the Companies Act, 2013. This structure empowers farmers to pool resources, improve production, access better markets, and enhance profitability. FPCs combine the benefits of a cooperative and a private limited company, ensuring professional management, transparency, and government support for rural development.
Types Of Farmer Producer Company Registration
Farmer Producer Companies play a vital role in uniting farmers for collective growth, innovation, and sustainable income.
Agricultural Production FPC
Focused on crop cultivation, seed production, and collective farming to improve productivity.
Horticulture & Floriculture FPC
Deals in fruits, vegetables, flowers, and high-value crops for domestic and export markets.
Dairy & Livestock FPC
Engaged in milk production, animal husbandry, and livestock-related businesses.
Fisheries & Aquaculture FPC
Supports fish farmers in production, processing, and marketing of fishery products.
Agri-Input & Supply Chain FPC
Provides farmers with fertilizers, seeds, machinery, and logistics support at reduced costs.
Agri-Processing & Value-Addition FPC
Focuses on food processing, packaging, branding, and selling farmer products directly to consumers.
Why Farmer Producer Company Registration Is Important?
Legal Framework
FPCs are registered under the Companies Act, 2013, regulated by the Ministry of Corporate Affairs (MCA).
Minimum Requirements
At least 10 members (individual farmers) and 2 producer institutions are required.
Key Documents
PAN, Aadhaar, address proof, land ownership details, and bank statements of members.
Capital Requirement
A minimum paid-up capital of ₹1 lakh is needed to form an FPC.
FAQs
What is a Farmer Producer Company (FPC)?
An FPC is a company formed by farmers to collectively engage in production, processing, and marketing of agricultural produce, ensuring better income and resources.
Who can register an FPC?
A group of at least 10 farmers, or two or more producer institutions, can register an FPC under the Companies Act.
What are the benefits of FPC Registration?
It provides farmers with collective bargaining power, access to finance, subsidies, tax benefits, and better market linkages.
How is an FPC different from a Cooperative Society?
An FPC operates as a private limited company with professional management, while cooperatives are governed by state laws with less flexibility.
What is the minimum capital required to start an FPC?
A minimum paid-up capital of ₹1 lakh is required as per the Companies Act, 2013.
Can FPCs receive government funding or subsidies?
Yes, FPCs are eligible for financial support from NABARD, SFAC, and other government schemes designed to promote farmer collectives.