Cooperative, cooperative association

A cooperative under Dutch law is a different type of association which is established by notarial deed. The cooperative is an association of which the members pool their resources to run a business under a joint name.

According to Dutch law in the articles of association A document, drawn up when a Dutch company or legal person is set up, and which regulates the operations of the company and defines its purpose.
» Meer over articles of association
Articles of Association
of a cooperative the objective has to be defined as “providing the members of a certain physical need”.

Unlike a Dutch limited there are few mandatory rules of law in the Netherlands to set up and operate the cooperative. Hence, legal person proofs a flexible alternative to other legal structures.

 

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