Cooperative Development Authority

What is the Cooperative Development Authority

The Cooperative Development Authority or CDA is a government agency tasked to fulfill the provisions of section 15, article XII of the Philippine Constitution in ensuring the viability and growth of cooperatives. The CDA is also tasked to formulate, adopt, and implement integrated plans and programs for cooperative development. The CDA is the central agency that ensures that cooperatives, though under the private sector, remain partners of the government in sustainable development and economic growth in the country.

So why invest in Co-ops?

Cooperatives are people-centered enterprises that are owned, controlled, and operated by and for their members. A co-op is run by members with a common goal in mind. Co-ops are democratically managed through the one member-one vote rule, regardless of how much or how little a member puts into the business. There are several types of cooperatives in operation with a host of products and services offered. In provinces, most utility services are provided for by large co-ops like the Benguet Electric Cooperative, Inc (BENECO), Ilocos Norte Electric Cooperative Inc. (INEC), Bantayan Electric Cooperative, Inc. (BANELCO), and the allied co-op called Mindanao Cooperatives Water Service Federation (MCWS).

OFFICE INFORMATION

FAST FACTS

Top Products and Services offered by Co-Ops Per Region

Organizing a Cooperative

BEFORE YOU REGISTER THE COOPERATIVE:

The Cooperative Development Authority (CDA) is the only government agency responsible and mandated for registering all types of cooperatives. Their main office is located at 827 Aurora Blvd., Immaculate Conception, Quezon City. However, for registration of primary cooperatives, this power has been delegated to the Regional or Extension Offices. Further, below is the schedule of fees for registering your cooperative (based on MEMORANDUM CIRCULAR NO. 2016-08, Series of 201– Amended Schedule of Registration Fees):

PROCESS	REQUIRED FEES
A. Name Reservation (pre-registration) 30 days 60 days 90 days	30 days: Php 100 60 days: Php 200 90 days: Php 300
B. Initial Registration The initial registration fee to be imposed shall be 1/10 of 1% of the paid-up capital or the basic fee below whichever is higher • Primary Co-Ops • Secondary Co-Ops • Tertiary Co-Ops • Laboratory Co-Ops	Primary: Php 500 Secondary: Php 2, 000 Tertiary: Php 3, 000 Laboratory: Php 50
C. Amendment • On specific provision/s • By substition • On increase of capital	On specific: Php 300 By substitution: Php 300 On increase: Php 1/10 of 1% of the increased paid-up capital
D. Merger	400.00 and, apply "c.3" above in case of increase in capital
E. Consolidation	apply "B" above, if applicable
F. Division	apply "B" above, if applicable

For more information on the fees, you can check the latest Amended Schedule of Registration Fees on the CDA website

Sources:
https://cda.gov.ph/frequently-asked-questions/
https://cda.gov.ph/services/regulatory-services/registration/
https://cda.gov.ph/memorandum-circulars/mc-2016-08-amended-schedule-of-registration-fees/

Did you Know?

Who can be members of cooperatives?

What are the categories of membership in cooperatives?

In order to form a cooperative, at least 15 members are needed

Reserve your proposed cooperative name

You need to prepare an Economic Survey

Prepare the cooperative's by-laws

Aside from the by-laws, the coop should also have the articles of association

Secure the bond of accountable officer/s

Execute Treasurer's Affidavit

Complete the Pre-Membership Education Seminar (PMES)

Register your cooperative with the Cooperative Development Authority (CDA)