Question & AnswerQ&A (CDA MEMORANDUM CIRCULAR NO. 02-03, SERIES OF 2002, APRIL 23, 2002)
The purpose is to adopt a revised schedule of fees for the Cooperative Development Authority in compliance with Executive Order No. 197, which directs an increase in rates of fees and charges by not less than 20% to cover the full cost of services rendered.
Executive Order No. 197, dated January 13, 2000.
The fee is P500.00 for a primary cooperative with paid-up capital of P2,000.00 to P500,000.00.
The fee is 1/10 of 1% of the paid-up capital or share capital exceeding P500,001.
The fee for registering a secondary cooperative with paid-up capital of P2,000.00 to P500,000.00 is P1,000.00.
The registration fee for tertiary cooperatives is P3,000.00 regardless of paid-up capital.
The fee is P300.00 for amendments to specific provisions.
The docket fee for a merger or consolidation is P400.00.
The certification fee is P100.00.
It took effect fifteen (15) days after the date of filing with the University of the Philippines Law Center, which was on April 23, 2002.
No, laboratory cooperatives are exempted from paying registration fees.
The fee for the registration form is P250.00.