A co-operative is a business that operates for the benefit of its user members. Co-operatives are based on the values of fairness, equity, democracy and mutual support. They offer an alternative to the traditional business model and are owned and controlled democratically by their members. By pooling their resources together, members are able to increase their purchasing power, boost their marketing efforts and reduce the risks that can often be associated with new businesses.

Co-operatives operate in a variety of fields including agriculture, credit, housing, utilities, consumer/retail, insurance and health. In Ireland, they have been particularly successful in the agricultural sector, with major involvement in dairy processing, farm supplies, livestock and other services.

In general, co-operatives in Ireland are taxed in the same way as other corporate businesses, although there are some minor differences in some areas.

Co-operative principles are approved by the International Co-operative Alliance. The principles are set out in the Statement of Co-operative Identity section of this website.