Cooperative society is a voluntary merger of natural and legal persons whose purpose in providing services is to improve the economic performance of their members. For example, a boat garage owner cooperative society or a horticultural cooperative society. Entry and exit are on a voluntary basis. The operating costs of this company are borne by the members themselves, make savings and distribute profits if any.
The cooperative society operates on the basis of statutes where members agree on goals, tasks, membership fees, joining, withdrawing and other issues. The minimum share capital is set at 2800 eur.
Cost of establishment:
Cooperative society 360.00 EUR
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