How To Register In Karachi Chamber of Commerce
How To Register In Karachi Chamber of Commerce
The Chamber of Commerce & Industry, Karachi is premier Chamber of the country, representing the mainstream of economic activities by virtue of its location in industrial and commercial hub of the country. The present Chamber of Commerce & Industry, Karachi was formed in 1959 through the amalgamation of four trade bodies in Karachi at that time, namely, the Pakistan Merchants Association, Buyers and Shippers Chamber, Chamber of Commerce Pakistan and All Pakistan Chamber of Commerce & Industry. It was registered under the Trade Organization Ordinance 1961, which regulates the working of the Trade Bodies in the country.
Classes of Membership
There are two classes of memberships in almost every Chamber of Commerce and Industry.
Corporate Class
A member of Chamber of Commerce and Industry which is either a body corporate or a multinational corporation with its head office or branch office in Pakistan or a sales tax registered concern having annual turnover of Rs. 50 million or above.
Associate Member
A member of Chamber of Commerce and Industry which is not a body corporate or a multinational or a sales tax registered business concern having annual turnover of Rs. 50 million or above.
There are two classes of memberships in almost every Chamber of Commerce and Industry.
Corporate Class
A member of Chamber of Commerce and Industry which is either a body corporate or a multinational corporation with its head office or branch office in Pakistan or a sales tax registered concern having annual turnover of Rs. 50 million or above.
Associate Member
A member of Chamber of Commerce and Industry which is not a body corporate or a multinational or a sales tax registered business concern having annual turnover of Rs. 50 million or above.
Membership Of Karachi Chamber Of Commerce And Industry
Eligibility for Membership
- The applicant is a sole proprietorship or a partnership firm or an association of persons or a company holding national tax number and sales tax registration, if applicable, in the name of the business concern.
- The applicant’s business fits within the defined business scope or area of jurisdiction of District of Karachi.
- The application for grant of membership shall be proposed and seconded by existing members of the Karachi Chamber of Commerce and Industry;
- The applicant has no criminal conviction
Membership Procedure
- The applicant shall duly fill the Membership Form, available at Karachi
Chamber registration office or they may be downloaded from www.karachichamber.com
- The Membership Form shall be proposed by one and seconded by the other existing valid members.
- The applicant shall attach the required documents with the membership Form mentioned hereinafter.
- The application must accompany the required Fee Pay Order (fee mentioned hereinafter)
- The Membership Certificate should be collected in person by the applicant or in case of authorized representative an authority letter must be provided in the name of person authorized for collection of Membership Certificate on behalf of Proprietor / Partner / Director.
Documents Required
Following is the list of documents required for Membership Registration with the
Chamber for Proprietorship, Partnership and Private Limited Company:
1-Written application on business’ letterhead addressed to the Secretary General KCCI for grant of membership
2- Completely filled in Membership Form and Signature / ID Card From.
3- Photocopy of C.N.I.C of the Proprietor / Partners / Directors.
4- Copy of last Month’s Sales Tax return (if applicable).
5- NTN Certificate and proof of latest filing of Income Tax Return (original to be produced for verification)
6- Original bank certificate in the name of business applied for membership.
7- Partnership Deed duly attested by Notary Public. (Only For Partnershipe Bussiness)
8- Memorandum and Articles of Association with Certificate of Incorporation from SECP of the Company. (attested by the Notary Public). (Only For Private Limited Company)
9- Form 29 duly attested by SECP (Only For Private Limited Company)
Important Note
- Over writing or cutting in the Membership Form will not be acceptable.
- Signature of applicant on Membership Form should match with signature on CNIC.
Cancellation of Membership
Membership may be cancelled or disqualified, on the grounds provided under the trade organization’s memorandum and articles of association, if the member breaches any provision of the Trade Ordinance.
Renewal of Membership
The membership shall be renewable on annual basis subject to fulfilment of following conditions, namely:
- Payment of prescribed subscription within the time stipulated in the memorandum and articles of Association, which shall not be later than 31st March every year.
- Proof of filing return of income tax and sales tax, if applicable, for the preceding year.
Membership Fee
Associate Class / Corporate Class Fee(in PKR)
Admission Fee ——————————————— 500
Annual Subscription ————————————— 1,200
Research Fee ———————————————- 100
Economic Horizon —————————————– 150
Donation for Aiiwan-e-Tijarat Hospital ——————— 200
Police Chamber Liaison Committee ———————— 200
Membership Form —————————————– 25
Note
Last date for Submission of Annual fee is March 31st every year. Late fee may be charged
after the last date.
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