Any applicant for membership in the American Chamber of Commerce in Serbia (AmChamSerbia) - company or NGO - which otherwise complies with the AmCham Constitution, maybe granted a regular AmCham membership by the Board of Governors if it continues tomeets 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.

(i) The applicant has no formal or informal affiliated with any political party inside or outside Serbia.
(ii) The applicant has an identifiable relationship with the United States or international assistance activities.
(iii) The applicant's primary activity is related to promoting economic reform, economic development assistance or commercial activity.
(iv) The applicant has to stipulate the Letter of Intent comprising concrete activities and contributions to benefit AmCham's framework going forward.
(v) The applicant must obtain two letters of recommendation from current AmCham members; one letter of recommendation must be from an incumbent Board member.
(vi) The current number of NGO's does not exceed 8% of the total number of AmCham members.

If the Board of Governors deems the application to be one of strategic importance to AmCham, the Board of Governors may waive requirements and guidelines enumerated in Paragraphs I, II and III.