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Becoming
APTMA Member
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Members
are the core part of APTMA. The association is really proud of its members
and always supports them in all aspects. There is a specified criterion
to qualify for the membership. The subscribers of the Memorandum of Association
and persons admitted to membership in accordance with these Articles shall
be members of the Association (the word Persons" shall include individuals,
firm or company), provided that the indenting member must hold a National
Tax Number. Qualification
for Membership (i)
Any individual, firm and/or company owning and/operating a manufacturing
unit and meeting the criteria specified hereunder shall be eligible for
membership of the Association: Every
candidate for membership shall be proposed by one member and seconded
by another member of the respective Regional Office of the association
and has no criminal conviction. Every application for membership shall
contain facts showing that the candidate is a firm or company that meets
the eligibility criteria specified in Article 5(i) along with an undertaking
by the chief executive officer of the candidate to carry out all obligations
of a member of the association and shall be signed by the candidate. Provided
that an intending member must hold a National Tax Number and Sales Tax
Registration Number. All application for the membership shall be made through the respective Regional Offices and shall be accompanied with such admission fee, annual subscription and/or compulsory contributions as payable under the Articles. The Regional Managing Committee of the respective Regional Offices while forwarding the application for the membership shall attach such observations as are considered appropriate. The membership shall be granted for a period of one
year and shall expire on 31st. day of March every year irrespective of
the date of grant of membership. The membership shall be renewable on
annual basis on furnishing proof of filing a return of income or statement
in term of the Income Tax Ordinance,2001 for the latest preceding assessment
year by the member , whether individual, firm or company along with TCO(Tex1-5)
Returns for the month of February of the year. In case of inconsistency,
the higher figure as regards the capacity or turnover by the candidate/member
will prevail for the purpose of calculation of membership fee. A sole proprietorship firm or any other company or a
concern shall be eligible for the membership provided that a firm or company
deals in the relevant trade of the Association. A firm or company shall
not be entitled to simultaneously retain the membership of more than three
different types of Association bodies.. The intending member shall pay Rs.25, 000.00 as Admission Fee. The total collection on account of Admission Fee shall be distributed for utilization between Principal Office and the Regional Offices in a manner that the share of the Principal Office shall be 40% and that of the Regional office concerned 60%. CLASSES OF MEMBERSHIP
(i). Associate Member: means a member of a trade organization which is not a body corporate or a multinational or a sales tax registered manufacturing concern or a sales-tax-registered business concern having annual turn-over of Rs.50 million or above; (ii). Corporate Member: means a member of a trade organization which is either a body corporate or a multinational corporation with its head office or branch office in Pakistan or a sales-tax-registered manufacturing concern or a sales-tax-registered business concern having annual turn over of Rs.50 million or above. (iii). Women Members: In order to promote the role of women involved in Textile
Sector, the government has made compulsory for Associations to reserve
two seats in the Executive Committee for women entrepreneurs and Electoral
College for women seats shall be the Executive Committee of the APTMA. |