News Updates

Meetings of the AmCham Advocacy Working Groups


Initial meetings of the AmCham working groups will take place over upcoming period with the following schedule for the first half of month:
March 7 - ICT
March 11 - Finance and Tax
March 12 - Combating Grey Economy
March 13 - Corporate and Business Law

March 19 - HR Forum
March 21 - Real Estate

April 2 - Health Care

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Set the Policy Platform for the New Government – Engage for Policy Change


·AmCham refocuses its Committees around policy priorities AmCham members have chosen in the policy survey Engage for Change at the end of 2013

·Agendas and Action plans for the committees tackling Labour Regulations, Tax and Finance, Grey Economy, Corporate and Business Law, Real Estate, ICT and Health Care issues will be adopted during March

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AmCham highlights necessary changes to the Draft Law on Planning and Construction


AmCham has taken an active role in public discussion on the Draft Law on Planning and Construction, and after organizing a roundtable with stakeholders, has sent concrete suggestions for improving the draft text, focusing on conversion of the right to use land into right of ownership and the construction permit procedure.

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AmCham requests the Ministry of Finance’s opinion regarding calculation of utility compensation for displaying companies’ names – signage fees


Inadequate interpretation of the Law on Financing of Local Self-Government has led to an increase in signage fees from several hundred to several thousand times, which is contrary to the aim of the 2012 amendments to the Law which set the limits to these charges.

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AmCham warns on nontransparent abolishment of tax credit for investments in capital assets


Contrary to the plans provided in the Fiscal Strategy, less than a month after its publication and without prior notice or public discussion, the Government and Parliament have adopted a Draft Law on Amendments to the Corporate Income Tax Law, abolishing tax credits for investments in capital assets.

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