How Many Cooperatives Are Needed to Establish a Cooperative Union?
According to the current provisions of the law, a cooperative is a collective economic organization, co-owned, with legal personality, established voluntarily by at least 07 members and cooperating to support each other in production and business activities, creating jobs to meet the common needs of members, based on autonomy, self-responsibility, equality, and democracy in the management of the cooperative.
Additionally, in Clause 2, Article 3 of the Cooperative Law 2012, there is a definition of cooperative alliance as follows:
A cooperative alliance is a collective economic organization, co-owned, with legal personality, voluntarily established by at least 04 cooperatives and cooperating to support each other in production and business activities to meet the common needs of the member cooperatives, based on autonomy, self-responsibility, equality, and democracy in the management of the cooperative alliance.
=> Thus, according to these provisions, at least 04 cooperatives must voluntarily come together to establish a cooperative alliance.
Respectfully!