The Cooperative Development Authority (CDA) issues this advisory to inform all concerned parties about the tax, fee, and charge exemptions available to duly registered cooperatives under existing laws. This initiative reflects the CDA’s commitment to fostering an enabling environment for cooperatives, enhancing their capacity to support local communities and contribute to national economic growth.
Exemptions Overview: Registered cooperatives are eligible for exemptions from specific taxes, fees, and charges, allowing them to focus resources on their core activities and increase their contributions to member welfare and community initiatives.
Purpose and Impact: These exemptions are designed to promote cooperative development and sustainability, empowering cooperatives to reinvest in their growth and serve as active partners in socio-economic development.
Further Details: For a complete outline of the exemptions applicable to registered cooperatives, please refer to the advisory attached to this post. If there are any questions, we encourage you to reach out to your nearest CDA office for assistance.
The CDA remains dedicated to advancing the cooperative sector’s interests through policy support and continuous collaboration.
