Through facilitating the development of the co-operatives (co-ops) sector, the Registry of Co-operative Societies' work furthers the Ministry's mission of building social capital and making Singapore home through the promotion of active citizenship.
With inputs from the various stakeholders, the Registry updates our policies and rules periodically so as to build a robust regulatory framework for the proper governance and sound management of the co-ops. This way, Singaporeans and residents will have confidence in the co-op structure and continue to participate in the co-op movement.
There are currently 85 co-ops in Singapore.
|Categories||Number of co-ops|
|Consumer and services||62|
Consumer and services co-ops provide goods and/or services to their members to meet their daily needs. Some of these co-ops have become household names, NTUC Fairprice, NTUC First Campus, NTUC Foodfare, NTUC Income. While these co-ops are business driven, they are anchored in their social mission to help Singaporeans and residents through moderating the cost of living.
Credit co-ops provide financial services (i.e. take in deposits and/or grant loans) to their members who are within a pre-existing common bond of association or community of interest.
Co-ops are regulated by the Registry of Co-operative Societies (“the Registry”) under the Co-operative Societies Act (Chapter 62) and Co-operative Societies Rules 2009. The Registry's functions are as follows:
Regulating the registration and dissolution of co-ops;
Regulating organisation and management of co-ops, so as to protect the interests of co-op members as a whole;
Supervising credit co-ops so as to promote prudence and accountability; and
Overseeing the custody and utilisation of the net funds from dissolved co-ops, including the repayments of moneys due to ex-members and/or creditors.
Registry of Co-operative Societies
Ministry of Culture, Community and Youth
140 Hill Street, #02-00
Old Hill Street Police Station
Tel (hotline): 6337 3832
Fax: 6837 8090
Monday - Friday, 8.30am to 5.30pm
(closed on Saturdays, Sundays and public holidays)
Given the MOH advisory and ongoing COVID-19 developments, co-ops with financial year end 31 Dec 2019 may seek Registrar’s approval to defer their Annual General Meeting (AGM) for up to 2 months (i.e. to hold AGM no later than 31 August 2020).
The Registry of Co-operative Societies has issued the Annual Report on Co-operative Societies for the financial year ended 31 March 2019. The Annual Report provides key statistics on the sector, latest developments, the Registry’s future plans, as well as the use of the Central Co-operative Fund for the promotion and development of the sector.
The Registry has issued updated model by-laws for credit and non-credit co-ops.