FAQ

1. What are the categories of membership available?

S. No.	Category
1	Companies with commercial establishments and or manufacturing units in India
2	Professional Firms
	a. Chartered Accountants
	b. Management Consultants
	c. Legal Firms
3	Banks
4	Affiliated Members
	a.Chambers of Commerce
	b. Industrial Associations
	c. Educational Institutions

2. Can an Individual become a Member of MCCI?

3. Is there a life membership?

4. Can a branch of a foreign company become a member?

Yes

5. What is the subscription amount ?

Subscription amount is payable annually & is based on financial year ( April - March)

S.No	Category	Annual Subscription	Entrance Fee (One Time)	Service Tax (12.36%)	Total Amount Payable
1	Companies with commercial establishments and or manurfacturing units in India ( on Paid up Capital )

	a. Upto 10 Lakhs	10000	5000	1854	16854
	b. Over 10 Lakhs – Upto 25 Lakhs	12000	6000	2225	20225
	c. Over 25 Lakhs – Upto 1 Crore	15000	7500	2781	25281
	d. Over 1 Crore – Upto 5 Crores	20000	10000	3708	33708
	e. Over 5 Crores	25000	12500	4635	42135
2	Professional Firms
	a. Chartered Accountants	10000	5000	1854	16854
	b. Legal Firms	10000	5000	1854	16854
	c. Management Consultants	10000	5000	1854	16854
3	Banks	10000	5000	1854	16854
4	Affiliated Members
	a. Chambers of Commerce	5000	2500	927	8427
	b. Industrial Associations	5000	2500	927	8427
	c. Educational Institutions, etc	5000	2500	927	8427

Note:

a.The above are existing rates and liable for change as and when the General Body decides

b.Service Tax rates will change as per Government's notifications.

c. Cheque / DD favouring " The Madras Chamber of Commerce & Industry"

6.If we join during the middle of the year, will there be any concession?

Yes. A 50% concession only on Annual Subscription amount is applicable for membership between October to March.

There will not be any concession on Entrance fee and the entire applicable amount has to be paid.

7. Do we require the introduction from the existing members to become a member?

An introduction of 2 existing members of the Chamber is compulsory. One should propose & the other should second. The authorised signatory of the organisation has to sign and affix the seal on the Membership Application Form.

8. What type of documents do we need to submit?

Annual Report / Balance sheet
Partnership deed / registration certificate
Or any other related document

9.How long does it take to admit the company as a member?

The applications are referred to the General Committee of the Chamber for consideration. The Committee meets once a month.

10.What services can I expect if I become a Member?

As a member you will receive regular communications from us on latest updates in policies, GOs. etc.
You can participate in our workshops, seminars & training programs.
If you are an exporter, MCCI, being an authorized Chamber, can issue Certificate of Origin.
Issuance of visa recommendation letters for your employees
As a member you can have access to our expert committee expertise
Interaction with Government authorities, foreign delegates

There are host of other benefits for members ; kindly get in touch with our executives for more details.

11. In what way will you assist us to develop our business?

Chamber’s prime objective is to help members to grow. We provide market intelligence, lobby for business friendly policies, take up your genuine problems with concerned authorities, organize business promotional meetings and delegations, disseminate information on potential business opportunities etc.

Kindly talk to our executives for more information.

12. Is there any conference room facility available in your Chamber?

Yes with a seating capacity for 30 persons.

Conference Room Rates are given below

Conference Room	Full day	Half day
	Rs.	Rs.
Members	4000	2000
Non Members	5000	3000
LCD	1000	500

Note: Snacks / Tea will be supplied if required and will be charged accordingly.

13. Can I be a Member of your Expert Committees?

Yes, once you are a member, your company can nominate your Executives to be a member of our various Expert Committees.

14. How do we get the Certificate of Origin through MCCI ? what are the supporting documents we should give?

There are prescribed forms for the Certificate of Origin

A set means five forms the cost of which is Rs.10/- You should fill the form and have it signed and submit it to the Chamber along with the relevant Invoice/Packing List.

On the basis of the information submitted, the Chamber issues the Certificate of Origin – this is done at the quickest time possible.

Charges:

Members Rs 100 per set ( Inclusive of Service Tax)

Non-members Rs.113 per set ( Inclusive of Service Tax)

15. Do you certify any other documents?

Yes we do. (e.g. MOAs, agreements, etc).

16. Do you have any dispute redressal mechanism?

Yes. The Chamber conducts arbitration for speedy redressal of commercial disputes. It has a Panel of Arbitrators.