Registering your Co-operative
Register your Co-operative
A very simple definition of a co-operative would be to say it is a business where a group of people get together voluntary to address their common needs.
A co-operative is a distinct form of enterprise that provides services and/or products to its members. Profits, known as surpluses in a co-operative, are divided among members in relation to the amount of the business each member did with the co-operative.
By registering a co-operative, you are creating a legal entity with powers and responsibilities as prescribed in the amended Co-operatives Act 6 of 2013.
Before you decide to register a co-operative you need to have a formation meeting to decide on common purpose and agree to register a co-operative. At the formation meeting the members have to decide on the form and type of co-operative. There must be at least five natural persons or two juristic persons or a combination of any five persons in order to form a primary co-operative. Co-operatives have certain principles and are expected to include certain values in all their work that they undertake. Click on the links below for further detail:
- Formation meeting
- The Constitution
- Appointment of a Board
- Values and Principles
- Forms of co-operatives
Due to Co-operative Amended Act 6 of 2013. Co-operative registration fees are as follows:
R175.00 registration fee, that is:
To register a hybrid process must be followed:
To register a co-operative, follow these steps:
It is compulsory for a co-operative to have an approved name before registration. For name reservation click here
Note the following:
- The name must always indicate what the main business objective of the co-operative is. For example a co-operative that does Catering, the name must have a word like Catering as part of the name.
- If the co-operative has multiple objectives, the main objective must still appear as part of the name but words like “Multi-Purpose” or “ Other Projects” could also form part of it.
- The fee for name reservation is R50.
NB: Form CR8/CR4 no longer required at registration stage
- Constitution (A constitution must be submitted as part of the application)
- Certified id copies, (certification date not to be older than 3 months)
- Name reservation confirmation CoR9.4
- Step by step by guide
Co-operatives logging email: Cooperativesonline@cipc.co.za