Different membership classifications
Membership of DBAV+EuroCham comes in two different categories: Corporate and Individual Members
Corporate Members
Large Enterprise
Your business is considered a “Large Enterprise” when one of the following conditions are met:
Size of the company fulfills any of the following conditions
- Has more than 500 employees in Vietnam; or
- More than 1,000 employees globally; or
- Has Operations in more than 5 countries
- Only 1 Nominated Representative per Ordinary Corporate Membership is entitled to voting rights
- A Large enterprise (LE) Corporate member is entitled to nominate 4 Representatives to EuroCham
- Representative offices are judged by their mother company structure and not by their own size in Vietnam
Small Medium Enterprise
Your business is considered “SME Enterprise” when:
- Has less than 500 employees in Vietnam; and
- Has less than 1,000 employees globally; and
- Has Operations in less than 5 countries
Note:
- Only 1 Nominated Representative per Ordinary Corporate Membership is entitled to voting rights
- A small and medium enterprise member (SME) enterprise is entitled to nominate 2 Representatives to EuroCham
- Representative offices are judged by their mother company structure and not by their own size in Vietnam
Individual Members
This membership type is usually not applicable, but in some exceptional cases it can be.
- National of any EU Member State and actively involved in business, trade, investment and/or other permitted activities in Vietnam but are not members of an organisation which could become an Corporate Member; and
- Ordinarily resident in Vietnam.
Ordinary / Associate Members
Ordinary members are companies in good standing that are established under the laws of the Netherlands, which are majority-owned subsidiaries of such companies, or which can demonstrate to the satisfaction of the
Board that they have substantial ties to the Netherlands.
Companies who can not demonstrate to the satisfaction of the Board that they have substantial ties to The Netherlands shall be classified as Associate Members. The difference with Ordinary is that they have no voting rights at DBAV's AGM.
The Board of Directors of DBAV at all times reserves the right to decline member applications for reasons that the Board of Directors do not necessarily have to disclose.