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Membership in the NAMBC

Click here to download a Membership Application.

Dues are for one calendar year, January 1-December 31. Categories are based on sales or gross annual revenue, whichever is higher, except for (1) mining, oil and natural resource development companies, for which categories are based on market capitalization for both North American and Mongolian mining companies, (2) non-profit organizations and (3) Mongolian Associate Members. Gross annual revenue is not limited to revenue derived in Mongolia but rather is the consolidated sales or gross revenue of the parent plus all subsidiaries, branches or similar entities that are more than 50% owned or otherwise controlled by the parent company. Applications for membership may be subject to approval of the Membership Committee.

Corporate Members - Dues based on Gross Revenue of Parent Company

Corporate members have voting privileges and may be elected to the Board of Directors. Eligibility: Corporate Members must (1) have one or more offices in the US or Canada or (2) be incorporated in the US or Canada or (3) be listed on a stock exchange in the US or Canada.


Gross annual revenue of:        

 Dues are:

Over US$1 billion 

US$4000    

Over US$250 million but less than US$1 billion

US$3000

Over US$1 million but less than US$250 million

US$2000

Less than US$1 million

US$1000

Individual US or Canadian citizens who reside in North America

US$1000

Not-for-Profit organizations

US$  600

Corporate Members - Mining & Oil Companies – Mongolian and North American
Dues based on Market Capitalization


Market Capitalization      

 Dues are:

Large Companies (over US$ 1 billion)

US$4000    

Medium Companies (over US$50 million but less than US$1 billion)

US$2500

Small Companies (less than US$50 million)

US$1000

Mongolian Corporate Members -- Non-mining, non-natural resource development -- Dues based on Gross Revenue of Parent Company

Mongolian corporate members have voting privileges and may be elected to the Board of Directors. Eligibility: Mongolian corporate members must be incorporated in Mongolia and have their headquarters office, primary economic activity and majority ownership in Mongolia. Companies in Mongolia owned by or which are subsidiaries of any foreign entity are not eligible for this category but may apply to join as Corporate Members (see above) if they qualify as a Canadian or US company as defined above.


Gross annual revenue of:

Dues are:

Over US$15 million

US$2000

Over US$5 million but less than US$15 million

US$1000

Over US$1 million but less than US$5 million

US$600

Less than US$1 million

US$400

Individual Mongolian citizens who reside in Mongolia

US$400

Not-for-Profit organizations

US$300

Mongolian Associate Members in Mongolia and North America– Flat Rate Dues

Mongolian Associate Members may not vote or be elected to the Board of Directors. Eligibility: Mongolian Associate Members must conform to the same requirements as Mongolian Corporate Members or be accredited foreign embassies or representative offices of international organizations in Ulaanbaatar or Mongolian-owned businesses in Canada or the US with gross annual revenue less than US$250,000 per year or others approved by the Membership Committee.


Mongolian Associate Members

US$250

Remittance advice:
Members based in North America -- Please remit dues by check in US dollars drawn on a US bank to the North America-Mongolia Business Council offices at address below OR by bank wire to the NAMBC in the USA. Please contact Steve Saunders, steve@nambc.org, for US wire transfer instructions. To cover bank wire transfer charges, please add US$15.00 if wired from a US bank or US$25.00 if wired from a non-US bank.

Members based in Mongolia -- Please remit dues either by bank wire transfer to NAMBC in USA, per above, OR by wire transfer to the NAMBC account in Ulaanbaatar. For further information on UB wire transfers, please contact Bolortuya, UB Office Manager, at nambc@mobinet.mn. Dues payments remitted to the NAMBC in Mongolia may be paid in Mongolian Tugrik (MNT) at the prevailing exchange rate.

NAMBC
1015 Duke Street
Alexandria, VA 22314-3511
USA
hqinfo@nambc.org
TEL 1+(703)-549-8444
FAX: 1-(703)-549-6526

 

 

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