Setting up a new business is an option that many people are contemplating as a possible way out of the crisis, thus generating an increase in self-employment. However, there are many legal forms to create a new company, so sometimes we have doubts to know the function and how each type is created. So that you do not have this problem, in this article we will explain how to establish a cooperative society.

Steps to follow:

1. In the first place, we will have to know if the name with which we want to denominate our cooperative already exists. To do this, we will have to go to the Register of cooperative societies of our autonomous community, where we will request the certificate of non-matching denomination. We can do it through the Internet, if we have an electronic certificate, and we can request three different names.

2. In parallel during the creation period, the Constituent Assembly will be held, which will be attended by all those members of the cooperative, and where they must determine the following aspects:

  • Will of the cooperative and members
  • Economic contribution
  • Internal statutes
  • Election of the different positions of responsibility

3. Later we will have to make the liquidation of the Tax on Patrimonial Transmissions and Legal Acts, using form 620 that we can find on the website of the Tax Agency.

4. In addition, we will also have to register for the following taxes and procedures:

  • Request the tax identification code
  • Registration in corporation tax
  • Registration in the economic activities tax
  • Opening of accounting books

5. To make the formal constitution of the cooperative, we must present before a Notary all those agreements reached by the members of the same, as well as everything exposed in the Statute of the cooperative, in such a way that they are registered by public deed.

6. Finally, from the creation of the public deed, we will have one month to formalize the registration with the Cooperatives Registry. It must be in the autonomous community if its activity is located only in one autonomous community, and in the central one if it carries out activities in several autonomous communities.

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