Cooperative

A cooperative, is an association with a non-closed number of members. Its purpose is to promote the business, economic, social, or cultural interests of its members through a joint business operation.

 

This legal form is member-oriented rather than investor-oriented. It differs from corporations because its main purpose is not simply capital participation, but the promotion of its members’ interests.

 

In North Data Power Search, legal forms can be used as filters to limit search results to specific types of organizations, such as stock corporations, limited liability companies, partnerships, cooperatives, associations, or foundations. The available filters depend on the selected country and include both widely used legal forms and country-specific legal forms covered by North Data.