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Launch of Business Membership Scheme in 2024
As members may be aware, following approval at its recent AGM, SCL (Singapore) will introduce a new Business Membership scheme for membership year 2024. Some basic information about this scheme is summarised below:
- Business membership shall:
- comprise a minimum of three (3) nominees being representatives of the business;
- afford each nominee with the same rights and benefits as for individual members save that no nominee shall be an Office Bearer or a Council Member or an Honorary Auditor.
- In contrast to Individual Membership which is personal and not transferable, Business Members may change their nominees subject to:
- submission of a formal application to be approved by or on behalf of Council; and
- payment of an administration fee of S$80.00 for each such change.
- Business Members will be listed in a publicly available Business Member List based on information provided by Business Members (i.e. business name and business profile) who are responsible for the accuracy of the information they provide.
- The annual subscription fee shall be S$1,450.00 for a Business Member which will entitle the Business Member to nominate three (3) nominees.
- The annual fee is S$150.00 per year for each additional nominee.
- The annual renewal fees for each Business Member will start from S$1,450 for 3 nominees.
More details of this scheme will be made available shortly as part of the renewal exercise for individual membership which will commence in November.
However, if your organisation meets the requirements for Business Membership and is interested in converting the Individual Membership of your various employees to Business Membership, please do reach out to the SCL (Singapore) Secretariat
June Tan (Ms)
Head of Secretariat