Membership Fees And Annual Fees
There are two types of Membership fees that every member has duty to pay. They are one time initial membership fee and annual membership fee. Membership fee is based on head count in the store or company.
There's another method of calculating membership fee which is based on monthly turnover of the store or company. However, it is not easy to get such information in Myanmar. Therefore, the membership fees are calculated based on the head count in the store or company.
Retail Member | Associate Member | |||
No. of Employees | Membership Fee | Annual Fees | Membership Fee | Annual Fee |
(Kyats) | (Kyats) | (Kyats) | (Kyats) | |
1-9 employees | 10,000 | 10,000 | 500,000 | 100,000 |
10-50 employees | 100,000 | 40,000 | 500,000 | 100,000 |
51-200 employees | 400,000 | 60,000 | 500,000 | 100,000 |
Above 200 employees | 1000,000 | 200,000 | 500,000 | 1000,00 |
Retail Member is a type of retail shop or store which has to sell 50% of its goods or service directly sold to consumers. A company or a store can be defined as one retail membership and store owner or an authorized person assigned by company or senior managers can participate as members in the association. Membership forms have to be completed and attached the YCDC registration copy or Company registration or recommendation from Shopping Mall as references for application. Employees under age of 15 should not be employed in the store or company according to Labor Laws.
Associate Member can be any type of suppliers, distributors, wholesalers, semi-wholesalers, service providers and institutions. As long as it is somehow related with the retail industry, it is acceptable for Associate Membership of the Association.