Kooperatif company registration

While a cooperative is not a limited liability company or a limited company, a business organization is like any other type of company. Cooperatives are established with a minimum of seven partners, with some special types reserved. Basically, cooperatives are partnerships with variable partners and variable capital, which are created by natural and legal persons in order to provide and support the economic interests and specific economic needs of members through mutual assistance, solidarity and guarantee with their labor and work. . Monetary contributions, if foreseen in the articles of association, it may be stipulated that the partners have unlimited secondary liability towards cooperative creditors or limited liability up to a certain amount more than the capital share they have committed.

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26 November 2022 - 18:05

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