Registered co-operative society
A society that promotes its members' economic interests on co-operative principles. Registration with the Registrar of Co-operative Societies makes it a body corporate (a legal entity in its own right) with perpetual succession.
- Entiva fee to form
- $809
- Government fees to form
- None listed
- Run plan
- $129 a month
- Steps to form
- 1
- Ways to close
- 1
Who it suits, and what defines it.
Governed by the Co-operative Societies Ordinance (Cap. 33).
Who it suits
- Groups that promote their members' economic interests on co-operative principles.
- Societies registered with or without limited liability.
Key facts
- Statute
- Co-operative Societies Ordinance (Cap. 33)
- Legal status
- Body corporate with perpetual succession
- Liability
- With or without limited liability
- Applicants
- At least 10 qualified persons
- By-laws
- Filed with the application
- Audit
- By or for the Registrar, at least yearly
- Reserve fund
- At least a quarter of net profits
- Name
- Must carry the co-operative designation
What the law requires.
5 rules, each in plain words.
At least 10 qualified persons sign the application
Unless a member is itself a registered society.
Proposed by-laws
Filed with the application.
A name with the co-operative designation
The Ordinance requires the designation, and 'Limited' if liability is limited.
Accounts audited every year
By the Registrar or on the Registrar's behalf, at least once a year.
A reserve fund
At least one quarter of net profits must go to it.
How Entiva forms it.
1 step. Entiva prepares and files each one, and collects every signature the law needs.
The steps
1 step- 1Register the co-operative society
Application with the proposed by-laws to the Registrar of Co-operative Societies, signed by at least 10 qualified persons.
Documents
3- Application for registration to the Registrar of Co-operative Societies
- Proposed by-laws
- Certificate of registration
Who takes part
2- Every applicant is verified
- Each committee member is verified
How it closes.
One route, filed step by step.
Cancellation by the Registrar
The Registrar cancels the registration by an order published in the Gazette.
- 1
The Registrar's cancellation order is published in the Gazette
What Entiva does for you.
From the first filing to the last.
Registered co-operative society
- Prepares the application to the Registrar of Co-operative Societies.Formation
- Verifies the identity of each applicant.Formation
- Delivers the application and the proposed by-laws to the Registrar, or hands them to an applicant to deliver.Formation
Build it with the API.
Every step on this page is an action in the Entiva API, with its documents, signatures and filing.
What it costs, item by item.
Every Entiva fee and every government fee, from forming it to closing it.
Forming it
$809one-off
- Government fees
- None listed
Closing it
Quoted before it starts
- Entiva fee
- Fixed, quoted first
- Government fees
- At cost
Included in the Run plan
- Every deadline tracked
Forming it
Entiva's formation fee is $809, one-off. Government fees are passed through at cost.
Excludes steps marked only if needed.
Entiva fees are in US dollars. Government fees are in the currency each authority charges, passed through at cost when the filing is made. Taxes are separate.
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