Volume 1,
Series 1
Guidelines for the Registration Fee Payment, Amended

CDA Memorandum Circular No. 2016-015

The Cooperative Development Authority released Memorandum Circular (CDA) 2016-01 with the title of “Amendment to MC no. 2010-03 in the Guidelines of the Payment of Registration Fees” last February 23, 2016. This latest memorandum, approved by the Board of Accountancy (BoA) tackles about the required registration fee and terms of the payment, as per BoA resolution no. 76 s-2016.

Each assessed amount, also considered as the registration fee, is determined by the CDA, has a corresponding term of payment.

100,000 and belowFull payment upon registration
Above 100,000.01 to 200,000Payable within three (3) months
Above 200,000.01 to 300,000Payable within six (6) months
Above 300,000.01 to 400,000Payable within nine (9) months
Above 400,000.01 to 500,000Payable within twelve (12) months
Above 1,000,000 Payable within twenty-four(24) months

The CDA extended the term of payment for cooperatives who have an assessed amount of one million pesos and above to 24 months, instead of the earlier 12 months.


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