Co-op Registration

What is a Co-operative?

A co-operative is specific form of business that provides services and/or products to its members. Profits, known as surpluses are divided among members according to the amount of the business each member did with the co-operative.

The main purpose of a co-operative is for people with common needs to get together and establish a business in order to address the needs that an individual cannot address alone. 

(1) Grants and Tenders.

Certain tenders are grants requires you to have a registered co-operative at CIPC, not a Registered Pty.

(2) Structure for Sharing Profits

If you want to do business with your community and share profits, it is much better to do it in a structure than via an informal agreement.

No. Every co-operative must create its own share certificate.

Co-operatives are registered in terms of Co-operatives Amendment Act (Act no. 6 of 2013).