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Membership Categories and Fees

Category

Introduction

Annual fee

Patron

The most senior level of membership. Membership limited to companies that are willing to give a significant additional financial contribution to support the chamber. The generosity of Patron Members is recognised by displaying their company logos at Chamber events and in Chamber publications. Three Corporate Additional Memberships are offered free of charge to the Patron Members. Voting rights of Patron Members shall remain the same as Corporate Members. KRW 3,000,000

Corporate

Corporate Members must be firms (including partnerships and sole proprietorships), companies and corporate bodies (hereinafter collectively referred to as "Parties") which are British and which are domiciled in or maintain permanent representation, either directly or as a shareholder in a joint venture, in the Republic of Korea; or such other Parties whose interests, in the opinion of the Executive Committee, coincide with the interests of the British Business Community in Korea. Each Corporate Member shall be entitled to nominate a member of its organisation to represent it and to vote on its behalf. Each Corporate Member in good standing shall be entitled to one vote at any meeting of the Chamber. KRW 600,000

Corporate Additional

Corporate Additional Memberships shall be offered to Employees of Corporate Members, other than the individual nominated to represent the Corporate Member, as described above. Corporate Additional Members do not have the right to vote on behalf of the Corporate Member. KRW 220,000

Professional

The Chamber shall have the power to offer Professional Membership to persons whose interests, in the opinion of the Executive Committee, coincide with the interests of the British Business Community in Korea and who are resident in the Republic of Korea and employed there by firms, companies and corporate bodies which do not qualify as Corporate Members. Professional Members shall not be entitled to vote at any meeting of the Chamber nor to serve on any committee. KRW 280,000

Overseas Corporate

Parties not domiciled in or maintaining permanent representation in Korea, but who would otherwise qualify as Corporate Members, may join the Chamber as Overseas Corporate Members. They shall not be entitled to vote at any meeting of the Chamber nor to serve on any committee. USD 280

Overseas Professional

Individuals not domiciled in Korea but who would otherwise qualify as a Professional Member may join the Chamber as an Overseas Professional Member. They shall not be entitled to vote at any meeting of the Chamber nor to serve on any committee. USD 150

Honourary

The Chamber shall have the power to offer Honourary Membership. Honourary Members shall not be entitled to vote at any meeting of the Chamber nor to serve on any committees Free