Entrance Fee
Entrance Fee - Indian Franchise Association
Entrance Fee - Indian Franchise Association
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Membership categories<br />
Membership Admission Procedure<br />
For admission as a member of the Association, a company or a firm shall make an application in writing<br />
to the director in the prescribed form, which shall be signed by the applicant. The application shall<br />
contain an acceptance of, and an agreement to abide by, the Rules and Regulations of the Association.<br />
Member<br />
Formal application to accompany:<br />
Annual report/audited accounts/ copy of balance sheet<br />
Company profile<br />
Complete Coordinates of top management<br />
<strong>Entrance</strong> fee (Cheque/ Draft in favour of “Indian Franchise Association” payable at New<br />
Delhi)<br />
Certificate of incorporation (for a newly established company)<br />
Copy of PAN card<br />
Individual member<br />
Educational and professional qualifications<br />
Detail resume of the individual with all the contact detail.<br />
A JPEG photograph<br />
Registration fee<br />
Affiliation / Institutional Member<br />
Formal application to accompany:<br />
Memorandum & Rules of association/society/ Institution<br />
List of Governing Council, last annual report<br />
Copy of audited accounts,<br />
Number members/ Students (in case of education trust/society)<br />
<strong>Entrance</strong> <strong>Fee</strong><br />
<strong>Entrance</strong> <strong>Fee</strong> for different categories is as follows:<br />
Member (Franchisor/Franchisee)<br />
(Gross Sales Turnover Amount above 75 Lakh) INR 10,000 for large franchise units<br />
(Gross Sales Turnover between 10 - 75 Lakh) INR 5500 for medium franchise units<br />
(Gross Sales Turnover not exceeding Rs 10 Lakh) INR 3500 for small franchise unit<br />
Lifetime Member<br />
INR 2.5 Lakh<br />
Individual Member INR 2000<br />
Corporate Advisor/ Supplier INR 15000<br />
Affiliated Association/Institutional Member<br />
INR 5000 (National); INR 3000 (Regional)
Annual Subscription for membership<br />
Annual Subscription for different categories is as follows:<br />
1. Member (Franchisor/ Franchisee)<br />
Gross Sales Turnover Amount (INR)<br />
Not exceeding Rs 10 lakhs 2,000/-<br />
Exceeding Rs 10 lakhs but not exceeding Rs 30 lakhs 3,000/-<br />
Exceeding Rs 30 lakhs but not exceeding Rs 50 lakhs 3,750/-<br />
Exceeding Rs 50 lakhs but not exceeding Rs 75 lakhs 6,500/-<br />
Exceeding Rs 75 lakhs but not exceeding Rs 1 crore 8,000/-<br />
Exceeding Rs 1 crore but not exceeding Rs 15 crores 10,750/-<br />
Exceeding Rs 15 crores but not exceeding Rs 25 crores 15,000/-<br />
Exceeding Rs 25 crores but not exceeding Rs 40 crores 25,000/-<br />
Exceeding Rs 40 crores but not exceeding Rs 100 crores 37,500/-<br />
Above 100 Crores 50,000/-<br />
2. Affiliated Association/Institutional Member<br />
National - INR 3000<br />
Regional - INR 1500<br />
3. Individual Member<br />
INR 850<br />
4. Corporate Advisor/ Supplier<br />
INR 4500
***Service Tax: 10.3% extra<br />
Members would receive following in the membership welcome kit<br />
a) Membership registration number<br />
b) IFA membership certificate<br />
c) Annual subscription of India’s largest selling magazine “The Franchise world”<br />
d) Best selling book on Franchising by Mr Gaurav Marya, Chairman, Indian Franchise<br />
Association.<br />
e) Free web listing on our website www.franchiseindia.org with your company profile<br />
and hyperlinked company logo.<br />
f) User name & password for member’s area on website.<br />
*Other benefits are mentioned in the IFA membership benefit document.
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