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Cooperative Development Authority (CDA)

827 Aurora Blvd., Service Road, Brgy. Immaculate Conception Cubao, 1111 Quezon City, Philippines

What is a Cooperative?

An autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic and cultural needs and aspirations by making equitable contributions to the capital required, patronizing their products and services and accepting a fair share of risks and benefits of the undertaking in accordance with the universally accepted cooperative principles.

Types of Cooperatives1. Credit Cooperative

2. Consumer Cooperative

3. Producers Cooperative

4. Marketing Cooperative

5. Service Cooperative

6. Multi-Purpose Cooperative

7. Advocacy Cooperative

8. Agrarian Reform Cooperative

9. Cooperative Bank

10. Dairy Cooperative

11. Education Cooperative

12. Electric Cooperative

13. Financial Service Cooperative

14. Fishermen Cooperative

15. Health Services Cooperative

16. Housing Cooperative

17. Insurance Cooperative

18. Transport Cooperative

19. Water Service Cooperative

20. Workers Cooperative

Objectives of a Cooperative

1. Provide goods and services to its members to enable them to attain increased income, savings, investments, productivity, and purchasing power, and promote among themselves equitable distribution of net surplus through maximum utilization of economies of scale, cost-sharing and risk-sharing;

2. Provide optimum social and economic benefits to its members;

3. Teach them efficient ways of doing things in a cooperative manner;

Objectives of a Cooperative

4. Propagate cooperative practices and new ideas in business and management;

5. Allow the lower income and less privileged groups to increase their ownership in the wealth of the nation; and

6. Cooperate with the government, other cooperatives and people- oriented organizations to further the attainment of any of the foregoing objectives.

Cooperative Development Authority

The lead government agency mandated by virtue of Republic Act No. 9520 (Philippine Cooperative Code of 2008) to promote the viability and growth of Philippine cooperatives. It is the only government agency that registers cooperatives.

Constitutional Mandate

“The Congress shall create an agency to promote the viability and growth of

cooperatives as instruments for equity, social justice and economic

development.”(Section 15, Article 12 of the 1987 Philippine Constitution)

Enabling Laws

• REPUBLIC ACT 6939 (March 10, 1990)• EXECUTIVE ORDER NO. 95, Series of 1993• EXECUTIVE ORDER NO. 332, Series of 2004

CDA’s Reasons for Being

• Chief implementer of the Cooperative Code (Lead Government agency on cooperatives development) and the sole registering government agency of all types of co-ops

• Facilitates coordination of various cooperative programs and activities of government agencies, non-government organizations and cooperatives.

CDA’s Mission & Vision

Vision

An effective and efficient regulatory agency working towards the development of viable, sustainable, socially responsive and globally competitive cooperatives.

Mission

To ensure the safe and sound operations of cooperatives.

Requirements for Registration• Cooperative Name Reservation Notice• Economic Survey• Articles of Cooperation & By-Laws• Treasurer’s Affidavit• Surety Bonds of Accountable Officers• Certificate of Pre-Membership Education Seminar (PMES)• Undertaking to comply w/ the auditing and accounting

standards prescribed by the Authority.• Proof of Land Ownership• Well Drilling Data (in case of existing groundwater source)

including Physical and Chemical Analysis of water.• Registration Fee

Privilege of Cooperatives

Tax Exemptions•All national, city, provincial, municipal or barangay taxes.•Income Tax, Value-Added Tax, Percentage Tax, Donor’s Tax, Excise Tax, Documentary Stamp Tax, Annual Registration Fee, all taxes on transactions with insurance companies and banks