Source: Tanjug | Sunday, 22.03.2020.| 10:13
Highlight an article Print out the news

Representatives of 12 Bilateral Chambers of Commerce in Serbia Propose Additional Measures of Support to Companies

Illustration (Photo: rangizzz/
Representatives of 12 bilateral chambers of commerce in Serbia have sent a joint initiative to the Ministry of Finance to implement additional measures of support to small and medium enterprises in the country that are facing a drop in activities or a total cessation of activities due to coronavirus.

– It is this situation that has made out bilateral organizations come to the idea to appeal to the authorities and the ministry through a joint initiative to consider how the spreading of coronavirus reflects on the operations of our small and medium enterprises, which are the most jeopardized in such situations – says the press release of 12 chambers, which gather several thousand companies.

As additional economic measures of support, they recommend a postponement of tax and welfare compensations for SMEs (such as a reduction of lump-sum tax payment obligations, or exemption from wage taxes and contributions), easier access to bank credits and direct support in the form of subsidies or programs of refundable aid and guarantees for liquidity.

For the heavily affected sectors, such as tourism and hospitality, cultural industry and international transport, they propose the cancellation of advance corporate income tax payments and the wage taxes and contributions.

The initiative is signed by: French-Serbian Chamber of Commerce, German-Serbian Chamber of Commerce, Belgian-Serbian Business Association, British-Serbian Chamber of Commerce, Italian-Serbian Chamber of Commerce, Association of Italian Companies in Serbia – Confindustria, Hellenic Business Association Serbia, Dutch-Serbian Business Association, Croatian Business Club, Polish-Serbian Business Association, Slovenian Business Club and Swiss-Serbian Chamber of Commerce.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE