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Questions and answers
Here we answer all your questions about the extract from the register of cooperatives. What is a cooperative register extract and what types of cooperative register extracts are there? Where can I apply for this and how much does an extract from the register of cooperatives cost? Can I apply for this online or only by post?
What is a cooperative register?
The register of cooperatives is an official register in which information on registered cooperatives is recorded. It serves to ensure transparency about the existence, structure and activities of cooperatives. Cooperatives are special forms of company in which the members are both owners and users of the cooperative. The cooperative register is important for documenting the legal status and legal capacity of the cooperative.
Typically, a cooperative register contains information such as:
1. name and registered office of the Cooperative: the official name of the Cooperative and the place where it has its registered office.
2. date of registration: The date on which the cooperative was entered in the register.
Purpose of the cooperative: A description of the cooperative’s objectives and activities, often set out in its articles of association.
3. members: information about the members of the cooperative who are both owners and users.
4. bodies of the cooperative: details about the bodies of the cooperative, such as the Board of Directors and the General Meeting.
5. authorized representatives: The names and functions of the persons who may represent the cooperative externally.
6. cooperative shares: Information on the shares held by members in the cooperative and any contribution payments.
7. changes and dissolution: updates or changes over time as well as information on the dissolution of the cooperative.
Entry in the register of cooperatives gives the cooperative legal capacity, which means that it is regarded as an independent legal entity. This enables the cooperative to act legally independently, conclude contracts and appear in court.
Access to the information in the register of cooperatives may be regulated differently depending on the country. In many countries, cooperative registers are publicly accessible in order to ensure the transparency and verifiability of cooperative activities.
What is the purpose of a cooperative register?
A cooperative register extract is an official document containing information about a registered cooperative from the cooperative register. The purpose of a cooperative register extract is to document important details about the cooperative and make them transparent. Here are some of the main purposes:
1. proof of existence and legal capacity: The extract from the register of cooperatives serves as formal proof that the cooperative is entered in the register of cooperatives. This proves the legal capacity of the cooperative as an independent legal entity.
2. transparency and information: The excerpt provides transparency about the structure, objectives and members of the cooperative. Interested parties, such as potential members, business partners, banks or other institutions, can use the extract to obtain information about the cooperative.
3. conclusion of contracts: For business transactions or other transactions, it may be necessary to submit an extract from the cooperative register. This serves to confirm the legal legitimacy of the cooperative.
4. official matters: An extract from the register of cooperatives may be required for official inquiries or applications, for example in connection with subsidies or tax matters.
5. financial matters: Banks or other financial institutions may request an extract from the cooperative register for loan applications or other financial transactions in order to check the creditworthiness and legitimacy of the cooperative.
6. non-profit status and tax issues: For cooperatives with non-profit objectives, the extract may also be relevant for tax purposes and confirm the non-profit status.
Overall, the extract from the cooperative register helps to promote legal clarity, transparency and trust in the cooperative. It is used in various business, legal and regulatory contexts to verify the legitimacy and structure of the cooperative.
What is an extract from the register of cooperatives?
A cooperative register extract is an official document containing information about a registered cooperative from the cooperative register. This excerpt provides a structured overview of various aspects of the cooperative and is required in various business and legal situations. Typically, an extract from the register of cooperatives contains the following information:
1. name and registered office of the Cooperative: the official name of the Cooperative and the place where it has its legal registered office.
2. date of registration: The date on which the cooperative was entered in the register of cooperatives.
3. purpose of the cooperative: a description of the cooperative’s objectives and areas of activity as set out in its articles of association.
4. bodies of the cooperative: information on the structure and the various bodies of the cooperative, such as the Board of Directors and the General Meeting.
5. members: details of the cooperative’s members, who are often both owners and users of the cooperative.
6. authorized representatives: details of the persons who may represent the cooperative externally.
7. cooperative shares: Information on the shares held by members in the cooperative and, if applicable, contribution payments.
8. changes and dissolution: updates or changes over time, as well as information on the dissolution of the cooperative, if applicable.
The extract from the register of cooperatives serves to prove the legitimacy, legal capacity and structure of the cooperative. It is often requested by various parties, including business partners, banks, authorities or other institutions, to verify the legal basis and authenticity of the cooperative. It is important to note that the exact structure and the information contained therein may vary depending on the legal requirements of the country concerned.
What is the purpose of an extract from the register of cooperatives?
A cooperative register extract fulfills several important purposes and serves as an official document containing various information about a registered cooperative. Here are some of the main purposes:
1. proof of existence and legal capacity: The extract from the register of cooperatives serves as formal proof that the cooperative is entered in the register of cooperatives. This confirms the legal capacity of the cooperative as an independent legal entity.
2. transparency and information: The extract provides transparency about the structure, purpose and members of the cooperative. Interested parties, such as business partners, banks or authorities, can use the extract to obtain detailed information about the cooperative.
3. conclusion of contracts and business transactions: For business transactions, loan applications or other business transactions, an extract from the cooperative register may be requested in order to verify the legitimacy and legal basis of the cooperative.
4. official inquiries: authorities may require an extract from the register of cooperatives for various inquiries or procedures in order to verify compliance with legal provisions.
5. member information: The extract contains information about the members of the cooperative, their shareholdings and their rights. This may be of interest to members themselves or to external parties.
6. legal clarity: The extract from the register of cooperatives provides a legal basis that helps to avoid misunderstandings and clarify legal uncertainties regarding the existence and structure of the cooperative.
7. tax matters: The statement may also be relevant for tax purposes and, for example, confirm the non-profit status of a cooperative.
Overall, the cooperative register extract promotes the transparency, legal certainty and trustworthiness of cooperatives in various business, legal and official contexts.
What information does an extract from the register of cooperatives contain?
An extract from the register of cooperatives contains a range of information about a registered cooperative. The exact details may vary depending on the legal requirements of each country, but in general such an extract includes the following information:
1. name and registered office of the Cooperative: the official name of the Cooperative and the place where it has its legal registered office.
2. date of registration: The date on which the cooperative was entered in the register of cooperatives.
3. purpose of the cooperative: a description of the cooperative’s objectives and activities as set out in its articles of association.
4. members: information about the members of the cooperative who are both owners and users. This may also contain information on the membership shares.
5. bodies of the cooperative: details of the various bodies of the cooperative, such as the Board of Directors and the General Meeting.
6. authorized representatives: The names and functions of the persons who may represent the cooperative externally.
7. cooperative shares: Information on the shares held by members in the cooperative and any contribution payments.
8. changes and dissolution: updates or changes over time and information on the dissolution of the cooperative, if applicable.
The extract from the register of cooperatives serves to prove the legitimacy, legal capacity and structure of the cooperative. This information is important for various parties, including business partners, banks, authorities and members, to verify the legal basis and authenticity of the cooperative. Access to this information may vary from country to country, and in many countries extracts from the register of cooperatives are publicly accessible.