The Decree-Law No. 54/2017, of 2 June, establishes a special regime for the immediate constitution of cooperatives, with or without the simultaneous acquisition, by the cooperatives, of a registered trademark, known as "Cooperativa na Hora", contributing for the implementation of the SIMPLEX+ Program, with a view to modernizing and consolidating the cooperative and social sector through administrative simplification mechanisms.
Thus, citizens and legal persons now have the possibility of establishing a cooperative on the same day, without travel to the Finance and Social Security Offices.
On the other hand, the information contained in the commercial register will become available through the permanent certificate of the cooperative, freely accessible on a web site for a period of three months, and the communication to the interested parties of the identification number in the Social Security of the cooperative.
The new regime will enter into force on 1 July 2017.