Page 43 - 2018 OUTLINE OF THE MINISTRY OF THE INTERIOR REPUBLIC OF CHINA

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Cooperative & Civil Associations

IV. Cooperatives

The government has set up competent authorities of cooperatives in the hope of promoting the
development of cooperatives and their legality and soundness. With cooperatives integrating business
resources, the government will be able to show care for disadvantaged groups, and formulate "Co-
operative Development Action Plan" coupled with the implementation of "Regional Revitalization"

strategies, in order to get support for "cooperative enterprise development fund" from the Executive Yuan.

Table 4-2 General Condition of Cooperative Business

End of 2017
Category No. of Cooperatives No. of Memberships Capital (NT$1,000)
Total 4 111 2 081 936 27 624 850

Single-Purpose Cooperatives 3 486 1 807 704 5 055 191
Multi-Purpose Cooperatives 79 36 643 149 472
Cooperatives Farms 211 17 651 299 717

Credit Unions 335 219 938 22 120 470
Note: Data of Credit Cooperatives is not included in the table.

1. Cooperatives

(1) Assessment and Awards: According to the "Regulations on Encouragement for Cooperative
Enterprises," the annual assessment of cooperatives is carried out to encourage the cooperatives or
enforce an improvement in their operations within the provided guidelines. In 2016, 64 national or
provincial cooperatives were pre-assessed by the MOI and later assessed by the competent authorities

along with massive cooperatives of other levels; 86 of these cooperatives and 19 of their employees
were honored with grade-S, and 9 of the national or provincial cooperatives and 1 of the employees
were honored with grade-A. The award ceremony was held at the 95th International Cooperative
Assembly on July 7, 2017.

(2) Review and Audit: According to the "Regulations on Examination of Accounting Books of Cooperatives,"

an annual audit shall be carried out; in 2017, 32 cooperative units were audited by trustworthy
accountants.

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