How Many Members Does a Medium-sized Cooperative Have?

According to the new regulations, how many members should a moderately sized cooperative have? Our cooperative has approximately 500 members; does it fall under the category of a moderately sized cooperative? Please assist. Thank you!

According to Article 4 of Circular 01/2020/TT-BKHDT (Effective from April 1, 2020) stipulating the classification of cooperative scales based on the number of members as follows:

Based on the number of members, cooperatives are classified into:

- Micro-scale cooperative: a cooperative with fewer than 50 members;

- Small-scale cooperative: a cooperative with 50 to 300 members;

- Medium-scale cooperative: a cooperative with more than 300 to 1,000 members;

- Large-scale cooperative: a cooperative with over 1,000 members;

=> Therefore, according to the above stipulation, a medium-scale cooperative is a cooperative with more than 300 to 1,000 members. And your cooperative with approximately 500 members falls under the category of a medium-scale cooperative.

Sincerely!

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