Types of Licenses

Applicants must have the ability to establish and operate a World Trade Center Project according to set WTCA standards. Applicants must demonstrate competence and available resources to establish and operate a World Trade Center real estate project and/or provide trade services within three years of obtaining the license. Applicants for Regular Membership must pay an Initiation Fee, an amount determined by the Board, currently set at US $300,000. Annual Membership Dues are currently set at US $12,500.

If you are interested in establishing a World Trade Center Project in a city where an active WTCA Member already operates, you may be eligible for a Satellite Membership. To qualify: the Applicant must meet all Regular Membership criteria; the proposed Satellite facility must be located entirely within the city of the existing Regular Member; the Application must be sponsored by the Regular Member with an active WTC Operation in that city; and the proposed Satellite must have a formal legal relationship with the Regular Member. Unlike Regular Members, Satellite Members cannot vote. Satellite Membership Applications must be submitted by the existing Regular Member for the city in which the Satellite is being sought. The Initiation Fee for a Satellite License is currently US $200,000, which represents two thirds of the Regular Initiation Fee. Annual Membership Dues are currently set at US $12,500.

A Transfer occurs when more than 50% of the license ownership is transferred to another legal entity. Transfers are subject to Board approval. The current Transfer Fee is US $25,000 and is payable to WTCA. The new License owner assumes responsibility for Annual Membership Dues of US $12,500.