(Applicants must satisfy all of the following criteria)
(i) The applicant company is not a majority public-, government- or socially-owned company. A minimum of 51 percent of the shares must be privately-owned.
(ii) A Serbian privately-owned and registered company must demonstrate one of the following:
1. actively engaged in business (trade or investment) with a U.S.-based and registered company(s) during the previous two years prior to the date of application (note: this does not mean a one-time transaction during the two-year period) and can demonstrate a future ongoing business relationship with the United States or U.S. companies.
2. distributes or is the exclusive representative of a U.S. company's goods or services and will continue to maintain the distribution/representative agreement for the foreseeable future.
3. holds a U.S.-owned franchise.
4. a services company which maintains a sizeable client list that is dominated by international or American firms (incompliance with Paragraph I (i), (ii) or (iii), and obtains two letters of recommendation from two different international or U.S. clients that also indicate the scope of the business relationship.
(iii) The company has a minimum of 15 full time employees employed in their operations in Serbia.
(iv) The company or any individual(s) associated with ownership or management of the company are not currently on the U.S. Treasury's Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List.
(v) If the company, or an individual associated with the company through ownership or management, was removed from the OFAC/SDN list, the company will not be considered for membership until three (3) years after the date that the company was removed from the list.
(vi) The applicant company must obtain two letters of recommendation from current AmCham members; one letter of recommendation must be from an incumbent Board member.
(vii) The applicant company should be able to be in compliance with the AmCham's Code of Business Ethics and maintain a positive business reputation locally. The company should not be politically visible or associated with any one political party in Serbia.
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