Ensuring an enabling environment for cooperatives is crucial in fostering inclusive economic growth. As part of this commitment, the Department of the Interior and Local Government (DILG) has reiterated the implementation of Memorandum Circular No. 2017-16, which upholds the tax exemptions granted to duly registered cooperatives.
This advisory serves as a reminder to all Local Government Units (LGUs) to comply with existing policies and facilitate the seamless processing of business permits and renewals for cooperatives. By strictly adhering to these guidelines, we strengthen the cooperative sector, promote ease of doing business, and empower communities towards sustainable development.
We encourage cooperatives, LGUs, and stakeholders to review the full memo to ensure proper compliance and protect the rights of our cooperative enterprises.
đź“ś Read the full memorandum below.
