GBA Constitution

ARTICLE 4

 MEMBERSHIP

4.1 Membership in the GERMAN BUSINESS ASSOCIATION shall be divided into three (3) categories:

(a) Ordinary Members which may be either:

(i) Ordinary Corporate Members: companies in good standing which are established under the laws of Germany or which are majority-owned subsidiaries of such companies or which can demonstrate to the satisfaction of the Board that they have substantial ties to Germany and which have a legal presence in Vietnam in a form permitted by the laws of Vietnam; or

(ii) Ordinary Individual Members: individuals of good standing who can demonstrate to the satisfaction of the Board that they have substantial ties to Germany and who are actively involved in business, trade, investment and/or other permitted activities in Vietnam, but are not members of an organization which could become a Corporate Member and who are ordinarily resident in Vietnam.

(b) Associate Members which may be either:

(i) Associate Corporate Members:

(1) companies in good standing which are established under the laws of Vietnam; or

(2) companies in good standing which are established under the laws of Germany or which are majority- owned subsidiaries of such companies or which can demonstrate to the satisfaction of the Board that they have substantial ties to Germany and Vietnam, but which do not have a legal presence in Vietnam in a form permitted by the laws of Vietnam.

(ii) Associate Individual Members: individuals of good standing and who can demonstrate to the satisfaction of the Board that they are actively involved in business, trade, investment and/or other permitted activities in Vietnam and/or Germany but are not members of an organization which could become a Corporate member and who are not ordinarily resident in Vietnam.

(c) Honorary Members: individuals who have made, or are likely to make, a special contribution to the GERMAN BUSINESS ASSOCIATION and who are invited by the Board to become Honorary Members of the GERMAN BUSINESS ASSOCIATION.

4.2 Vietnamese organizations and nationals may only become Members subject to the approval of the competent Vietnamese authorities.

4.3 Each Corporate Member shall appoint one of its officers or employees to represent it at GERMAN BUSINESS ASSOCIATION Meetings ("Company Representative"). Each Company Representative shall be appointed by the Corporate Member giving written notice to the Board and may be removed and replaced at any time by the Corporate Member giving the Board written notice of his/her removal and the name of his/her replacement.

More articles

Article 1: Definitions

Article 2: Offices of The German Business Association

Article 3: Objectives of The German Business Association

Article 4: Membership

Article 5: Application for and Approval of Membership

Article 6: Rights and Duties of Members

Article 7: Resignation, Expulsion and Termination of Member

Article 8: German Business Association Meetings

Article 9: Board of The German Business Association

Article 10: Funds, Property and Financial Matters

Article 11: Amendment of The Statutes

Article 12: Dissolution of The German Business Association

Article 13: Governing Law and Disputes between Members

Contact
Ms. Nguyen Ho Tong Khanh Linh
Executive Office Manager
+84 28 3823 9772, ext 114