FPC (Farmer Producer Company) compliance refers to ensuring that a Farmer Producer Company adheres to all legal and regulatory requirements as set out by the Companies Act, 2013, and other relevant laws. This includes company incorporation, governance practices, regulatory filings, and other statutory obligations necessary for smooth and legal operation.
Compliance is essential to maintain the legal standing of your FPC and to avoid penalties, fines, or legal issues. As FPCs handle sensitive financial and agricultural operations, staying compliant ensures transparency, effective governance, and smooth access to government schemes and grants. It also enhances the trust of your members, stakeholders, and the broader community.
Avoid penalties, fines, and legal disputes by adhering to statutory regulations.
Maintain trust with your members and stakeholders through transparent financial reporting and governance.
Streamlined processes for annual filings, audits, and board meetings ensure smooth business operations.
Stay eligible for various government schemes and licenses, including FSSAI, GST, NABARD, and PM-KISAN.
Stronger corporate governance and better management practices help you run your FPC effectively.