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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 275. Northern europeans, sun and cooperatives in Spain II
19 May 2010 @ 11:04

Cooperative values are:  self-responsibility, democracy, equality, equity, solidarity, honesty, transparency, accountability and social vocation.

Cooperative principles: guidelines by which cooperatives put their values into practice.

- Voluntary and open membership (so-called principle of "open door")

- Democratic management by the partners.

- Member economic participation (In the broad sense: both capital and labor)

- Autonomy and independence.

- Education, training and information.

- Cooperation among cooperatives.

- Concern for community. 

These so modern principles against the old and always ugly "capital only", is in our opinion the best legal formula for communities of elderly UK and Norther European people who this way will be able to democratically organise themselves and share information, legal and financial costs, health and lifestyle tips and resources, experience... for the enjoyment of a retirement under the sun in Spain.

We will explain how to set a cooperative company in Spain and its adavantages in a coming post.

Warm wishes,

Maria

"The river El Cachón (Zahara, Cádiz), with the Cape of Trafalgar at the end of the picture", by Luis López-Cortijo



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