Registration when the cooperative is divided

a) Implementation order:

- Step 1: The Board of Directors of the cooperative alliance intended to be divided shall prepare the plan of division to submit to the Board of members for making decision.

- Step 2: After the Board of members makes the decision on division, the Board of Directors shall send a written notice to creditors, institutions and individuals that have economic relations with the cooperative alliance of the decision and resolve relevant issues before implementing the procedures for establishing a new cooperative alliance.

- Step 3: The cooperative alliance to be divided shall implement the plan of division which was decided and carried out the procedures of establishment under the provisions. The new cooperative alliance shall submit registration documents at the Business Registration Office under the Department of Planning and Investment, where the cooperative alliance registered its head office.

- Step 4: Upon receiving the documents, the cooperative alliance registration agency:

+ Request the applicant to submit a valid copy of valid identity card or passport;

+ In case of being authorized, it is required to prepare the following papers: The service supply contract between the person establishing the cooperative alliance, the cooperative alliance and the organization providing services of submitting documents and receiving results; the recommendation letter of that organization for the individual to submit documents and receive results; or the authorization letter for the individual to submit documents and receive results in accordance with law.

If documents are valid, the cooperative alliance registration agency shall issue a receipt to the cooperative alliance.

b) Implementation method:

In person or via e-mail address

c) Documents:

- Request for registration of cooperative alliance;

- Charter;

- Production and business plan;

- List of member cooperatives;

- List of Board of Directors, General Director, and Supervisory Board;

- The General Meeting of Members’ Resolution on the division of the cooperative alliance;

d) Number of documents:

01 set

đ) Time limit for settlement:

05 working days from the receipt of valid documents

e) The agency implementing administrative procedures:

Business Registration Office under the Department of Planning and Investment

g) Subjects of administrative procedures:

Individuals, organizations

h) Results of administrative procedures:

The cooperative alliance registration certificate

i) Fees: 200,000 VND (Payment by the time of submission).

In accordance with the provisions of Clause 6, Article 2 and subparagraph b, Clause 2, Article 3 in Circular No. 02/2014/TT-BTC dated 02/01/2014 of the Ministry of Finance guiding charges and fees to be decided by people's Councils of provinces and Centrally-run cities.

k) Name of form, declaration:

- Request for registration of cooperative alliance establishment in accordance with the form as prescribed in Appendix I-1, Circular No. 03/2014/TT-BKHDT;

- Business and production plan in accordance with the form as prescribed in Appendix I-2, Circular No. 03/2014/TT-BKHDT;

- List of member cooperatives in accordance with the form as prescribed in Appendix I-3, Circular No. 03/2014/TT-BKHDT;

- List of Board of Directors, General Director and Supervisory Board in accordance with the form as prescribed in Appendix I-4, Circular No. 03/2014/TT-BKHDT;

l) Requirements and conditions for procedure implementation (if any):

- Business lines not prohibited by law;

- In case of conditional business lines, it is required to comply with specialized law;

m) Legal basis of administrative procedures:

- Law on Cooperatives dated 20/11/2012;

- Decree No. 193/2013/ND-CP dated 21/11/2013 on detailed regulations for a number of articles of the Law on Cooperatives;

- Circular No. 03/2014/TT-BKH dated 26/05/2014 guiding the cooperative registration and reporting system on operations of the cooperative;

- Decision No. 31/2008/QD-UBND dated 28/12/2008 of Hung Yen province People's Committee;