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We champion the
co-operative spirit

WHAT WE DO

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.


Did you know?

The first co-op in Singapore was registered in 1925.

Co-operative societies

Co-operative societies, or co-ops, are membership-based enterprises that operate on the principles of self-help and mutual assistance. The members are also owners of the co-ops. Most co-ops have social missions to benefit the greater society in which they operate in.

Facts and figures

Registry of Co-operative Societies

There are currently 84 co-ops in Singapore.

Categories Number of co-ops
Consumer and services 62
Credit 22

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. 

Annual Report on Co-operative Societies for the financial year ended 31 March 2021

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.

Contact us

Registry of Co-operative Societies
Ministry of Culture, Community and Youth
140 Hill Street, #02-00
Old Hill Street Police Station
Singapore 179369
Tel (hotline): 6337 3832
Fax: 6837 8090
Email: MCCY_regcoop@mccy.gov.sg

Operating hours
Monday - Friday, 8.30am to 5.30pm
(closed on Saturdays, Sundays and public holidays)

Latest News

28 April 2022

Easing of COVID-19 Measures

The COVID-19 situation in Singapore has stabilised and the Multi-Ministry Taskforce has announced further easing of community Safe Management Measures (‘SMMs’) effective from 26 April 2022. This includes amongst other things, the lifting of Vaccination-Differentiated SMMs (‘VDS’) in most settings.

Notwithstanding the above, co-ops may continue to hold virtual or hybrid general meetings by electronic means by relying on the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Charities, Co-operative Societies and Mutual Benefit Organisations) Order 2020 (‘the Order’). The Order will continue to be in force until revoked or amended by the Ministry of Law. To provide certainty to entities organising meetings, Ministry of Law will give at least 6 months’ advance notice before the alternative arrangements cease to be available and the Registry will notify co-ops accordingly. Co-ops may refer to the Guidelines and FAQ (updated 28 April 2022) for the holding of virtual and hybrid AGMs under “Resources and useful links”.

Co-ops holding physical or hybrid general meetings (i.e. meetings with a physical element) should comply with the prevailing SMMs if applicable (for example, that VDS are still required in events/settings with more than 500 participants at a time). Co-ops should additionally refer to the Ministry of Manpower’s website for SMMs at the workplace (www.mom.gov.sg/covid-19/requirements-for-safe-management-measures). In the event a co-op holds a purely physical AGM, it should be conducted in accordance with the provisions of the Co-operative Societies Act and the co-op’s by-laws (i.e. similar to how the AGM was held before COVID-19, and not reliant on the Order).

COVID-19 Alternative Arrangements for Meetings

To facilitate the conduct of virtual general meetings by co-ops, the “COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Charities, Co-operative Societies and Mutual Benefit Organisations) Order 2020” (‘Order’) was issued on 27 April 2020.
 
The guidelines and templates for co-ops on the conduct of virtual general meetings were issued on 6 May 2020. Co-ops can also refer to the presentation slides for the RCS Webinar held on 29 May 2020 and the FAQs for co-ops.
 
The Order was amended on 29 September 2020 and 6 April 2021, and the guidelines and FAQ were last updated on 16 April 2021 and 21 May 2021 respectively.

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