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Written by: CIPC

Category: Uncategorised

Published: 02 June 2026

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If members decide to close down their Co-operative and end the business of the Co-operative, this is referred to as “winding up” or de-registering the Co-operative.

• The members may decide to voluntarily deregister the co-operative at a general meeting.  In that case, you need to pass a special resolution and 75% of the members will have to vote in favour of the special resolution to voluntarily wind up the co-operative.There are two reasons why you might have to wind up your Co-operative.
  1. The members may decide to do this at a general meeting in terms of section 71A of the amended Act.  In that case, you need to pass a special resolution and 75% of the members will have to vote in favour of the resolution.  If you do this, then you will need to complete form  CO-OP10 to inform the Registrar of Co-operatives that the members have voluntarily decided to deregister their Co-operative.
  2. A Court or the Tribunal may order that a co-operative be wound up to wind up its business if it is unable to pay its debts, it appears just and equitable to do so and there is no reasonable probability that it will be able to pay its debts or become a viable co-operative.
  If the assets of a co-operative exceed R1000, 00, the co-operative must follow a liquidation process.  When a Co-operative is liquidated, a liquidator will distribute its remaining assets and property.  The liquidator will sort out claims against the Co-operative, payments of its debts, collection of money still owed to it, payment of share capital to shareholders, and the payment of any remaining surplus to the members according to the proportion of transactions each of them did with the Co-operative.  If the assets of a co-operative are less than a R 1000, then the co-operative can follow a normal deregistration process.
• Liquidation of a co-operative

Apply for voluntary winding up (de-registration) of your co-operative

The following supporting documents must be included:

• Complete form CO-OP10.
• A copy of the notice convening the meeting and setting out the proposed resolution and the reasons therefore
• Power of attorney – if representative

Liquidation or Winding up by Court Order

• Court order to commence winding up proceedings.

De-registration by order of the Minister of Trade and Industry

• The Registrar will notify the co-operative of liquidation or winding up proceedings.

NB: Please note that full finalisation of de-registrations is dependent on statutory advertisement process which is in excess of 3 months

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Details

Written by: CIPC

Category: Uncategorised

Published: 02 June 2026

Hits: 14

If members of a co-operative would like to divide a co-operative into two or more co-operatives, a special resolution is needed. Pass a special resolution at a general meeting convened for approval of the division.  Each of the new co-operatives will have to comply with the requirements of a co-operative.  The agreement must set out the terms of the division and how the division will be done, including the following:

• The provisions of the constitution of each co-operative
• Which members will become members of each of the co-operatives
• The manner in which the assets, rights, liabilities and obligations of the cooperative are to be divided between the co-operatives to be constituted by the division
• The business of each of the co-operatives constituted by the division and the area or sector in which they are to operate; and
• The name and address of the proposed directors of the co-operatives have to be constituted.

To divide a co-operative the following supporting documents must be included:

• CR1 – Application to register a co-operative
• CR4 – Notice of appointment of auditor OR
• CR8 – Application for exemption from full compliance with auditing requirements.
• Deposit R215.00  click here for bank details
• CoR9.4 – Confirmation notice of name reservation
• Certified identity copy of members
• Power of attorney (if applicable)
• Proof of payment of R215 per co-operative
• Copy/summary of the proposed division agreement must accompany the notice of meeting
• The constitutions of the co-operatives to be constituted by the division must be submitted to CIPC for approval together with a notice of their registered offices and a notice of the directors of the co-operatives in question.
• A declaration by the directors of the co-operative being divided, establishing that the relevant provisions of its constitution have been complied with in approving the division;
  A declaration by the directors of each co-operative constituted by the division, establishing that there are reasonable grounds to believe that-
• the co-operatives to be constituted will be able to pay their liabilities as they become due;
• the realisable value of the assets of the co-operatives to be constituted will not be less than the total liabilities, share capital and reserves; and
• the interests of creditors will be protected in compliance with section 64.

NB: Lodgement of a passport copy is only accepted as proof of identity for non-residents of South Africa. For South African residents a green bar-coded/ smart  ID copy must be lodged.

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Details

Written by: CIPC

Category: Uncategorised

Published: 02 June 2026

Hits: 18

If members of a co-operative would like to amalgamate two or more co-operatives, a special resolution is needed. Pass a special resolution at a general meeting convened for approval of agreement to amalgamate two or more co-operatives.

The following supporting documents must be included:

• Complete the CR1 – Application to register a co-operative
• CR4 – Notice of appointment of auditor OR
• CR8 – Application for exemption from full compliance with auditing requirements.
• CR5 – Application for name reservation
• Deposit R245.00  click here for bank details
• Confirmation notice of name reservation – CoR9.4
• Certified identity copy of members
• Power of attorney (if applicable)
• Proof of payment of R245
• Copy/Summary of the proposed amalgamation agreement must accompany the notice of meeting
• Notice of registered office, directors of the amalgamated co-operative
• Declaration by the directors of each amalgamating co-operative stating that the amalgamated co-operative is liquid, solvent and interests of creditors will be protected.
• The board of directors of each amalgamating co-operative must submit the proposed agreement to amalgamate to a general meeting of each amalgamating co-operative
• A copy or summary of the proposed amalgamation agreement must accompany the notice of such meeting
• An amalgamation agreement must be approved by special resolutions of each amalgamating co-operative
• After approval of an amalgamation agreement, the constitution of the amalgamated co-operative must be submitted to the registrar for approval, together with a notice of its registered office, a notice of the directors of the amalgamated co-operative
• A declaration by the directors of each amalgamating co-operative must be attached to the constitution submitted as mentioned above, establishing that the relevant provisions of their constitutions have been complied with in approving the amalgamation, and that there are reasonable grounds to believe that-
• the amalgamated co-operative will be able to pay its liabilities as they become due;
• the realisable value of the amalgamated co-operative’s assets will not be less than the total of its liabilities, share capital and reserves; and
• the interests of creditors will be protected in compliance with section 64.

NB: Lodgement of a passport copy is only accepted as proof of identity for non-residents of South Africa. For South African residents a green bar-coded/ smart  ID copy must be lodged.

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