Sitemap

Foreign Chambers of Commerce’s letter to Minister Mali on ease for SMEs

More...

Belgrade Galery Shoping Center Opened Within The Belgrade Waterfront

The opening of the Belgrade Waterfront Galeria...

Oxford Covid Vaccine Works In All Ages, Trials Suggest

Covid vaccine being trialled by Oxford University...

Parliament Adopts Law On Ministries

National Assembly of the Republic of Serbia...

Presentation Of MICS 6 Results

New data on the situation of women...

News

Belgrade Galery Shoping Center Opened Within The Belgrade Waterfront

The opening of the Belgrade Waterfront Galeria mall, reported to be the biggest in the region, was attended by...

Oxford Covid Vaccine Works In All Ages, Trials Suggest

Covid vaccine being trialled by Oxford University and AstraZeneca offers hope for all age groups One of the world’s leading...

Parliament Adopts Law On Ministries

National Assembly of the Republic of Serbia adopted the Law on Ministries, which created the conditions for the formation...

Presentation Of MICS 6 Results

New data on the situation of women and children in Serbia show progress in key areas, including breastfeeding and...

European Day Of Justice: Further Efforts Taken To Strengthen The Independence Of Judiciary In Serbia

On the occasion of the European Day of Justice – 25 October 2020, the Council of Europe Office in...

Due to the effects of the coronavirus outbreak on the country’s economy, affecting the functioning of the big majority of the SMEs, 12 foreign chambers of commerce signed the following letter that was sent to Minister of Finance Sinisa Mali.

Content of the letter:

Sir,

The coronavirus pandemic has many consequences for public life, both from a health standpoint and from an economic and financial point of view.

Our bilateral organizations representing several thousand companies in Serbia have already received upsetting feedbacks from many of our members, especially SMEs.

Many SMEs are already impacted by the decline or total cessation of their activities and this trend will undoubtedly worsen in the coming weeks. These SMEs are the main job-creating companies in Serbia. They have established themselves in many business sectors, particularly in recent years, thanks to the significant improvement in the business climate.

The government of the Republic of Serbia and the National Bank of Serbia have already communicated on important measures which have been or will be implemented: maintenance of full salary in the event of telework during the state of emergency, reduction in the rate director of the NBS, a moratorium on the repayment of credits for 90 days… We welcome and thank you for these decisions.

Nonetheless, on behalf of our member companies present in Serbia which represent several hundreds of thousands of jobs, we consider that other measures must be taken urgently within the framework of a plan of support for the employees and the companies.
This plan should notably include:

– deferrals of tax and social charges for SMEs (such as decreasing lump sum tax obligation, relief of taxes and contributions on salary…),
– easier access to bank credits as well as direct support, in the form of a subsidy or repayable aid and liquidity guarantee schemes
We would also recommend special measures for hard-hit sectors (tourism and hospitality industry, cultural industry, international haulage…):
– cancelation of advance payment for corporate profit, and
– relief of taxes and contributions on salaries during the cessation of work
Many establishments are currently in great difficulty, having to ensure the payment of wages and social and fiscal charges while their activity has greatly reduced, or has even stopped, thus jeopardizing the maintenance of thousands of jobs.

Our bilateral chambers of commerce are at your disposal for any further information concerning the situation of our members.
Hoping that our letter will come to your understanding and approval,

Respectfully,

Presidents of bilateral organizations in Serbia:
Dragoljub Damljanović, French-Serbian Chamber of Commerce
Ronald Zeliger, German-Serbian Chamber of Commerce
Hugo Van Veghel, Belgian-Serbian Business Association
David Landsman, British-Serbian Chamber of Commerce
Giorgio Marchegiani, Italo-Serbian Chamber of Commerce
Patrizio Dei Tos, Confindustria Serbia
Bojan Leković, Dutch-Serbian Economic Association
Stylianos Zakof, Hellenic Economic Association of Serbia
Marija Radulović, Croatian Business Club
Milan Brković, Polish-Serbian Business Association
Danijela Fišakov, Slovenian Business Club
Majo Mićović, Swiss-Serbian Chamber of Commerce

Advertising

Related Articles

Oxford Covid Vaccine Works In All Ages, Trials Suggest

Covid vaccine being trialled by Oxford University and AstraZeneca offers hope for all age groups One of the world’s leading Covid-19 experimental vaccines produces an...

Belgrade Security Forum

Rule Of Law Crucial For The Western Balkans’ Post-pandemic Economy

Belgrade Security Forum continued with Dr. David Landsman, Chairman of British Serbian Chamber of Commerce and former British diplomat in Serbia, talking about current...

Coronavirus Digest: Europe Tightens Restrictions To Control Spread Of COVID-19

The Netherlands is going into a partial lockdown for at least four weeks. Meanwhile, Italy has imposed new restrictions on public gatherings, restaurants, sports...

Patrizio Dei Tos, President Of Confindustria Serbia

We Recognised Common Goals & Worked As A Team

Everything we achieved stems from teamwork and mutual support. Now it is important to move forward and define our priorities clearly COVID-19 represents a global...

Dual Education

Thoughtful Approach To Job Creation

Under the leadership of Confindustria Serbia and supported by the Italian Embassy in Belgrade, Italian companies have been contributing strongly to the development of...

SME

A Coach and An Inspiration

Italian small and medium-sized enterprises are seen as role models and hubs for sharing knowledge when it comes to the promotion of entrepreneurship among...

Richard Robinson, Director Of The British-Serbian Chamber Of Commerce

New Window Of Opportunity For Cooperation

Brexit won’t change UK/Serbian trade and investment relations much. However, in some aspects that will be reformed in line with the new so-called continuity...

Dialogue Between State And Business: The New Customs Law Webinar Held

A webinar on the new Customs Law was held on Tuesday, 29 September 2020, as a joint initiative of the Belgian-Serbian Business Association, the...