American Chamber of Commerce to the European Union Strengthening EU competitiveness – potential of migrants on the labour market – AmCham proposal for an EU-wide procedure for Intra Corporate Transfers MINISTERIAL CONFERENCE, CONGRESS CENTER PRAGUE FEBRUARY 2009

Why are ICTs important? Key business concerns: Speed – facilitated deployment Cost – cost-effective transfers Certainty – planning purposes Consistency – common standards

Specific status of ICTs Starting point for developing legislation: –Temporary transfer –Not part of the local labour market –Employer maintains full responsibilities

Key attributes in legislation Common and relevant admission criteria A definition of ICTs that takes into account evolving ICT practices Streamlined and simplified application process Appropriate scope of work permits and Visa Improved conditions for ICT’s spouse and family

AmCham proposal for a fast-track procedure The EU system we propose has three broad stages: –Sponsor License Application –Primary Work Permit Application –Secondary Work Permit

Obligations of sponsoring employer Provide health care coverage Repatriation to home country at no cost to the “public purse” Ensure compliance with tax regulations Allow for accommodation and any increased living costs in the host country Provide fair compensation