Associations & cooperatives

Medical consumer cooperative establishment approval

A medical consumer cooperative requires approval under the Consumer Cooperatives Act. This differs from reporting an ordinary cooperative under the Framework Act on Cooperatives. We prepare and submit the approval documents after reconciling membership, actual contributions, founding resolutions, the articles and the business plan. Opening a medical institution is a separate procedure.

Procedure

Procedure type
  • Approval Difficulty High

    A procedure, such as establishing a corporation, a business plan or a transfer, that takes effect only when the authority reviews and approves it. The authority has wide discretion, so a well-prepared business plan and supporting evidence are important.

  1. 1. Confirm the applicable approval criteria

    Check the business area, eligible founding members, contributions and officer requirements under the Consumer Cooperatives Act and Article 4 of its Enforcement Decree. Ordinary cooperative reporting criteria cannot replace these approval requirements.

  2. 2. Reconcile membership and contribution records

    Match each member register entry to consent, eligibility and actual payment records. Establish the number of members and payment transactions to review and list missing or inconsistent evidence.

  3. 3. Draft the articles, business plan and budget

    Address membership, withdrawal, capital, meetings, officers and accounting in the articles. Reconcile the medical business plan with funding and expenditure evidence. Keep cooperative approval documents separate from medical institution opening documents.

  4. 4. Prepare founding meeting evidence

    Reconcile notices, attendance, proxies, voting records and minutes for the articles, officers and business plan. Attendance at the actual meeting is an optional additional scope.

  5. 5. File the approval application and check the result

    Submit the application, articles, plan, budget, membership and payment evidence, minutes and officer documents to the competent provincial authority. Include two ordinary supplementation rounds and a result check. Incorporation registration and medical institution opening are separate.

Required documents

  • Approval application
  • Articles of association
  • Business plan and budget
  • Member register, consent and eligibility evidence
  • Contribution commitments and actual payment evidence
  • Founding meeting notices, attendance, proxies, resolutions and minutes
  • Officer register, consent and eligibility evidence
  • Office-use evidence and filing authorization

Fees

Administrative service fee
  • Budget example for the stated people and documents: KRW 2,000,000 · not a fixed base fee
All administrative service fees exclude 10% VAT.

Procedure hours depend on the number of members and payment transactions. A sample budget using 500 members and 500 transactions is an example, not a fixed base fee. Meeting attendance, on-site checks, extra transactions, incorporation registration and medical institution opening are separate scopes.

Legal basis and review date

  • Consumer Cooperatives Act, Articles 21 and 46
  • Enforcement Decree of the Consumer Cooperatives Act, Article 4

Checked against the statutes on

Statutes and public notices change, so each case needs to be checked individually. Statute titles are given in English for reference. The Korean statutes are the authoritative text.

Check these first

  • Verify actual membership consent, contributions and founding resolutions rather than relying on a register alone.
  • Apply the current criteria for the location and business type. The 500-member budget example is not a universal legal minimum.

Frequently asked questions

Is this the same as reporting an ordinary cooperative?
No. A medical consumer cooperative needs approval under the Consumer Cooperatives Act. Ordinary cooperative reporting documents do not replace this process.
Does approval also open the medical institution?
No. Cooperative approval and opening a medical institution under the Medical Service Act are separate. This scope covers preparing and submitting the cooperative approval application.

Contact us

Hwang Yunsang Administrative Office in Songdo, Incheon prepares and submits administrative documents and explains the procedure. If your situation is similar, send us a message.

📍 2697, 26F POSCO Tower-Songdo, 165 Convensia-daero, Yeonsu-gu, Incheon, Republic of Korea · 📞 010-3374-2687 · 🌐 hwangadmin.com

This guide is general information based on public sources. Requirements, documents and deadlines differ by case and by the competent agency, so please confirm them before you proceed.