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LAWS OF THE NEW SUDANESE COOPERATIVE Societies, 2003Printed and Distributed by Secretariat of Legal Affairs and Constitutional Development.(PROVISIONAL ORDER)LAWS OF THE NEW SUDAN COOPERATIVE SOCIETIES
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Professionals in specific fields: Co operative societies are also formed for professionals in specific fields, such as healthcare, education, or arts. These societies enable professionals to collaborate, share resources, and collectively address industry-specific challenges. By joining such societies, professionals can network, learn from each other, and collectively work towards common goals.
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Co-operative societies are autonomous associations of people who voluntarily come together to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise.
Co-operative societies are required to file annual reports and financial statements with the relevant regulatory authority.
To fill out co-operative societies, members need to provide information about the activities, governance structure, financial performance, and other relevant details of the society.
The purpose of co-operative societies is to promote the economic and social well-being of their members by providing services, such as banking, housing, agriculture, and consumer goods.
Information that must be reported on co-operative societies includes membership details, financial statements, governance structure, and any activities carried out by the society.
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