CAIR Advantages

 

 

• Borrow at reasonable interest rate. The interest earned flows back to the members.

• Insurance for as low as P220/ year

• Avail of Products and services free from taxes. Example.. buying a product? The 3% percentage tax  turned over to the BIR goes back to the members ( if CAIR was Vat Registered it is 12%)

• A wide array of quality products and services to purchase, the profit of which goes back to the members.

• Opportunity for members to set up their own business enterprise by marketing CAIR core products with  supported distribution.

• Tax exemptionUnder Chapter V Article 61 of Republic Act 9520 otherwise known as The Philippine Cooperative Code of 2008. The first 10M income generated is tax exempt.

 

 

Additional Reference: Figures quoted valid until Mar 2014.