Title
Guidelines for New Cooperative Registration
Law
Cda
Decision Date
Mar 17, 1992
The Cooperative Development Authority establishes guidelines for the registration of new cooperatives, promoting self-reliance and economic development while ensuring compliance with legal requirements and viability standards.

Questions (CDA)

The State aims to foster the creation and growth of cooperatives as practical vehicles for promoting self-reliance and harnessing people power toward economic development and social justice.

To ensure that proposed cooperatives are viable and comply with registration requirements, the Cooperative Code, and CDA policies.

All types and categories of cooperatives except those covered by Chapters XI, XII, XIII, and XV of the Cooperative Code (R.A. 6938).

CDA Extension Offices register: (1) primary cooperatives and (2) secondary cooperatives at city, municipal, provincial, and regional levels. The CDA Central Office registers: (1) secondary and tertiary cooperatives at inter-regional and national levels; and (2) cooperatives governed by special provisions of the Code except credit cooperatives.

At least fifteen (15) or more natural persons who are Filipino citizens, have a common bond of interest, and are residing or working in the intended area of operations.

At least fifteen (15) cooperatives. However, at least five (5) cooperatives may apply with the condition that the secondary cooperative must reach fifteen (15) member-cooperatives within three (3) years from registration.

At least 25% of the authorized share capital must be subscribed, and at least 25% of the subscribed share capital must be paid upon registration.

Not less than Two Thousand Pesos (₱2,000.00).

It is evaluated based on the activities to be undertaken as reflected in the economic survey submitted.

The word 'Cooperative' must be included in the name, and no organization may use 'cooperative' in its business name or title unless duly registered with CDA. Also, 'Incorporated' is not required to distinguish from SEC entities, and 'federation' or 'union' cannot be included unless the application is for registration as a federation or union.

No. Section 10 states that no cooperative shall be registered provisionally or conditionally.

They must be registered as new cooperatives after complying with the Cooperative Code requirements for registration, and must submit a copy of audited financial statements covering the last fiscal year.

Four (4) copies of the Economic Survey; Four (4) copies of duly notarized Articles of Cooperation and approved By-Laws; Four (4) copies of the Treasurer's Affidavit (subscription and payment percentages and amount received); Four (4) copies of the bonds required for accountable officers; and the registration fee payable to CDA in cash or postal money order.

Organizational structure; purposes; economic feasibility study; area of operation (e.g., barangay/municipality); number of initial members and potential members; and other pertinent data such as all types of cooperatives operating in the area.

No. It is not mandatory, but CDA encourages it to inculcate basic principles and practices of cooperativism. The regular PMES will be conducted according to the cooperative’s by-laws.

Four categories: (1) Residential, (2) Institutional, (3) Associational, and (4) Occupational. Only one common bond/field may be adopted by the cooperative.

Yes, provided the by-laws include a provision allowing dual membership for members of existing cooperatives of the same type within the same area of operation, unless they resign from the former cooperative.

They may be converted upon application for registration and submission of the required documents in Section 11, but in lieu of an economic survey they must submit duly audited financial statements by the Audit and Inventory Committee.

CDA must finally dispose of the application within 30 days from filing; otherwise it is deemed approved unless the delay is attributable to the applicant. If denied, appeal to the Office of the President must be filed within 90 days from receipt of denial; if the Office of the President does not act within 90 days from filing, the application is deemed approved.


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