Membership-Based
Members form the core of the cooperative and participate in decision-making through the Members' Meeting.
Sea Digitalis assists with the establishment of Indonesian cooperatives, from preparing the founders and organizational structure, establishment meeting and Articles of Association to the Notarial Deed, legal entity approval and post-establishment administration.
A cooperative is a business entity whose members consist of individuals or cooperative legal entities and which carries out its activities based on cooperative principles and the principle of kinship. A cooperative obtains legal entity status after its establishment has been approved in accordance with Indonesian law.
A cooperative has a different ownership and governance structure from a limited liability company (PT), partnership, or foundation. Membership and the economic interests of members are central to its structure.
Members form the core of the cooperative and participate in decision-making through the Members' Meeting.
A cooperative acquires legal entity status after obtaining the required approval under the applicable cooperative legal entity administration procedure.
Cooperative activities are based on cooperative principles and Indonesia's principle of kinship or asas kekeluargaan.
The Members' Meeting is the highest authority within the cooperative under cooperative law and its Articles of Association.
Before starting the registration process, it is important to determine whether the intended structure is a Primary Cooperative or a Secondary Cooperative.
A Primary Cooperative is formed by individual members and may be established by at least 9 individuals. Its establishment is based on the shared economic interests and service needs of its members.
A Secondary Cooperative is established by at least 3 cooperatives that already have legal entity status. It is intended to serve shared interests and the needs of its cooperative members.
The cooperative governance structure should be prepared from the establishment stage so that the division of authority and management is clearly reflected in the Articles of Association.
The Members' Meeting is the highest authority within the cooperative and serves as the forum for members to make decisions in accordance with applicable law and the Articles of Association.
The Management Board manages the cooperative and implements decisions of the Members' Meeting in accordance with its duties, authority, and Articles of Association.
The Supervisory Board supervises the implementation of policies and management of the cooperative in accordance with the applicable requirements.
The specific requirements depend on the cooperative structure, activities, and organizational arrangements. Information on the founders and the results of the establishment meeting must be prepared for the Notarial Deed and legal entity approval process.
The formation of a cooperative begins with an establishment meeting attended by its founders. The meeting is used to discuss and approve fundamental matters such as the cooperative's name and domicile, purpose and objectives, business activities, membership, Management Board, Supervisory Board, capital arrangements, and other provisions to be incorporated into the Articles of Association and Deed of Establishment.
We assist with preparing the cooperative structure from the initial stage through legal entity approval and post-establishment administration, depending on your needs.
Review of the founders, members, objectives, business activities and proposed legal structure.
Preparation of membership, Management Board, Supervisory Board and other structural matters.
Preparation and checking of the proposed cooperative name before proceeding with the Deed of Establishment.
Assistance in preparing the information and resolutions required for the cooperative establishment meeting.
Coordination of the Deed of Establishment and Articles of Association through a Notary.
Submission of the cooperative establishment for legal entity approval through the applicable administrative system.
Assistance with beneficial ownership identification and administration in accordance with applicable Indonesian requirements.
Assistance with business licensing where required based on the cooperative's business activities.
Assistance with additional administration and compliance requirements based on the agreed scope.
The process should begin with the appropriate cooperative structure before proceeding to the Deed of Establishment, legal entity approval and business licensing.
Identify the cooperative type, members, objectives and intended activities.
Review the number and information of the cooperative founders.
Prepare and check the proposed cooperative name.
Discuss and approve the fundamental matters relating to the establishment.
Prepare the cooperative's governing provisions based on the establishment meeting.
Execute the Cooperative Deed of Establishment through a Notary.
Submit the establishment to obtain cooperative legal entity status.
Complete additional business administration and licensing depending on the cooperative's activities.
After obtaining legal entity status, the cooperative remains subject to governance, administration and licensing obligations relevant to its activities.
Operate the cooperative in accordance with its Articles of Association, Members' Meeting decisions and applicable cooperative regulations.
Identify and maintain beneficial ownership information in accordance with applicable Indonesian requirements.
Obtain an NIB and other risk-based business licenses where required for the activities conducted.
Maintain relevant reporting, administration and sector-specific compliance requirements.
The service fee depends on the type of cooperative, proposed activities, document requirements, organizational structure and the scope of administration required.
Establishing and operating a cooperative requires compliance with Indonesia's cooperative legislation, legal entity administration rules, business licensing framework and other regulations relevant to its activities.
Provides the principal legal framework governing cooperatives in Indonesia, as subsequently affected by later legislation.
Regulates facilitation, protection and empowerment of cooperatives and micro, small and medium enterprises.
Regulates approval of Cooperative Deeds of Establishment, amendments to the Articles of Association and dissolution of cooperatives.
Provides the framework for Risk-Based Business Licensing applicable to business activities requiring licensing through OSS.
Key questions about founders, legal entity status, establishment meetings, governance, Notarial Deeds, NIB and cooperative registration in Indonesia.
A cooperative is a business entity whose members consist of individuals or cooperative legal entities and which carries out its activities based on cooperative principles and the principle of kinship.
Yes. A cooperative obtains legal entity status after its Deed of Establishment has received the required approval in accordance with the applicable cooperative legal entity administration procedure.
A Primary Cooperative may be established by at least 9 individuals. A Secondary Cooperative is established by at least 3 cooperatives that already have legal entity status.
A Primary Cooperative consists of individual members, while a Secondary Cooperative consists of cooperative legal entities. Their founder structures and membership arrangements are therefore different.
Yes. The formation process includes an establishment meeting attended by the founders. The resolutions of this meeting form the basis for the Articles of Association and the Cooperative Deed of Establishment.
The Cooperative Deed of Establishment is prepared through a Notary in accordance with the applicable requirements and is subsequently submitted for legal entity approval.
The Members' Meeting is the highest authority within a cooperative. Its authority is exercised in accordance with applicable cooperative law and the Articles of Association.
The Management Board is responsible for managing the cooperative, while the Supervisory Board supervises the implementation of policies and management in accordance with applicable requirements.
If the cooperative conducts business activities that fall within Indonesia's Risk-Based Business Licensing framework, an NIB and other business licenses may be required depending on the KBLI classification, risk level and activities conducted.
Cooperatives are among the forms of corporations that must apply Indonesia's beneficial ownership requirements, including identifying and maintaining information on their beneficial owners in accordance with applicable regulations.
Yes. A cooperative is a business entity and may conduct business activities in accordance with its purpose, objectives, Articles of Association and the licensing requirements applicable to those activities.
The timeline depends on the readiness of founder information, the establishment meeting, cooperative name process, preparation and execution of the Notarial Deed, legal entity approval and any additional administration or licensing required.
The cost depends on the type of cooperative, founder structure, activities, required documents and scope of services. Sea Digitalis can provide a quotation after reviewing the proposed cooperative structure and requirements.
Tell us about your proposed cooperative and its activities. Sea Digitalis can assist with reviewing the founder and membership structure, Management Board, Supervisory Board, establishment meeting, Deed of Establishment, legal entity approval and required business administration.