Membership Criteria FAQ
Q1 Is there an age limit to be a member of YBF?
Applicant should not have reached 40 years of age at the time of application. |
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Q2 Who qualifies for YBF membership consideration?
YBF membership is by invitation and limited to individuals who are responsible for the full operation of a qualifying corporation* or division. Such individuals must hold one of the following titles:
• President
• Chairman of the Board
• Chief Executive Officer
• Managing Director
• Director
• Managing Partner
• Partner or Publisher
• Or equivalent of any of the above
Q3 What other criteria must one’s corporation meet to qualify for YBF membership?
The candidate must meet one requirement from each category below; this means that he or she must meet at least one “A” requirement and one “B” requirement.
Corporation Definition:
Corporation, as the term is used here, includes incorporated or limited business entities, partnerships, and other forms of business organizations deemed, to be substantially equivalent to businesses incorporated under the laws of the Singapore legal jurisdiction. This definition also includes academic institutions, not-for-profit organizations, and government entities. All corporations must be operating businesses that are not primarily generating passive income.
*Qualifying Corporation:
An applicant must be qualified, in addition to age and title, by rules of corporate complexity established by SBF. The corporation must be a member of SBF with minimum paid up capital of S$500,000 and above. Otherwise the corporation must apply to be an associate member of SBF.
Please attach the following for requirements verification:
1) Name card
2) Recent photograph
3) Application form
4) A copy of your corporation's latest audited financial statement
5) A cheque of S$50 (non-refundable administrative charges) made payable to Singapore Business Federation
And send it to:
Singapore Business Federation
Keppel Towers #22-00,
10 Hoe Chiang Road
Singapore 089315
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