How to open a consumer cooperative
Video: Steps to Starting a Cooperative 2024, July
A good alternative to applying to a bank for a loan is to join a consumer cooperative and get a loan. Here, the percentage is lower and the time required to complete the necessary documents takes less. In this regard, the creation of a cooperative is a fairly profitable area of activity.
Instruction manual
1
Organize a constituent assembly, which should be attended by more than 15 people or 5 legal centers. At this event, a decision should be made to create a cooperative. It is also necessary to approve the Charter and select the governing bodies of the organization.
2
Write and notarize the application for state registration of a consumer cooperative with a notary. Submit this application to the registration authority for registration along with the following documents: list of activities of the organization; ownership or lease of premises in which the cooperative will be located; passport data and TIN of founders or extract from the register for legal entities; passport data and TIN of the head of the organization.
3
After registration documents are received, make a seal and open a bank account. It will also be necessary to register with extrabudgetary funds.
4
Design and organize a control system. To do this, you must submit an application to the Federal Service for Financial Markets and provide this organization with a copy of the Charter of the cooperative, the rules of internal control, an order to appoint a responsible person to resolve basic issues.
5
Join a self-regulatory organization of consumer cooperatives. In accordance with Part 3 of Article 44 of the Federal Law of July 18, 2009 No. 190-ФЗ "On Credit Cooperation", you must do this no later than three months after the establishment of the organization. Prior to joining a self-regulatory organization, a cooperative does not have the right to accept new members of the company and to raise funds from shareholders. If this does not happen within the time prescribed by law, the cooperative may be liquidated on the basis of the requirements of the authorized federal executive body.
