A Koperasi (Cooperative) is a member-based business entity in Indonesia, focused on mutual benefits for its members. It enables individuals or businesses to pool resources, share profits, and improve access to services or markets.
- Member-Owned & Managed: Run by members who contribute capital and share in the decision-making and profits.
- Non-Profit: Focuses on member welfare, not generating profits for external shareholders.
- Varied Sectors: Can operate in agriculture, retail, finance, and more.
- Limited Liability: Members’ liabilities are limited to their contributions.
Requirements for Establishing a Koperasi:
- Minimum Members: At least 9 members for a primary Koperasi or 20 members for a secondary Koperasi.
- Legal Entity: Must be registered with the Cooperative Department (Kementerian Koperasi).
- Capital: Adequate capital from members.
- Charter: A Koperasi Statute (AD/ART) outlining goals and structure.
- Office: A physical business address in Indonesia.