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  • Official Press Release of Financial Chain Corporation - November, 2024

Official Press Release of Financial Chain Corporation - November, 2024

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01.11.2024 Financial Chain Corporation – 22 Years With You! 22 Years of Success!

FCHAIN celebrates its 22nd anniversary! Financial Chain Corporation, a leading global outsourcing company providing consulting services in the field of audit, law, accounting, taxation and HR management, turns 22 today.

 

01.11.2024 22 Years of Dedication, Growth, and Success!

Today Financial Chain Corporation is very proud to celebrate its 22nd anniversary. Over the past period, FCHAIN ​​has achieved many successes. Experience, innovation and ability of the FCHAIN ​​team to adapt to changes have brought the company to a leading position in the industry over the years.

 

01.11.2024 Zaur Gadirov, FCHAIN Managing Partner “We are celebrating 22 Years of Dedication and Growth.”

Today Financial Chain Corporation celebrates its 22nd anniversary. Zaur Gadirov, FCHAIN Managing Partner congratulates the Management and Staff on this occasion. “In a fast-paced world where change is constant, 22 years of commitment to a single organization is a milestone that deserves recognition.”

 

04.11.2024 Ceremonial Celebration of the 101st Anniversary of the Turkish Republic at the National Museum in Prague

On October 25, 2024, a ceremonial event was held at the National Museum in Prague to celebrate the 101st anniversary of the founding of the Turkish Republic.

 

04.11.2024 Kazakhstan: news and accounting activities, November 2024

Consolidated payment order for tax payment is introduced from November 11 Discussions continue on the new tax code that will go into effect in 2026.

 

04.11.2024 Annual Financial Forum of Financial and Banking System of Tajikistan

On 31.10.2024 at Hyatt Regency in Dushanbe was held the Financial Forum that provided opportunity for financial, banking and other institutions to present their own products and services aimed at implementing the strategic development goals of the country, banking sector , in general the financial inclusions strategy.

 

04.11.2024 Success story with Valid Huseynov, FCHAIN Deputy General Director

A success story of an employee typically highlights how he achieved personal or professional growth, made a significant contribution to the company, or overcame challenges. Our today’s interviewee is Valid Huseynov, Deputy General Director of Financial Chain Corporation.

 

05.11.2024 “Victory Run” dedicated to the 4th anniversary of Azerbaijan’s great Victory in the Patriotic War

On November 3, the Ministry of Youth and Sports started the next charity race called “Victory Run” dedicated to the 4th anniversary of Azerbaijan’s great Victory in the Patriotic War and FCHAIN team led by Valid Huseynov, Deputy General Director of Financial Chain Corporation participated in the race.

 

05.11.2024 Türkiye’s Use of AI in Tax Evasion Crackdown

Türkiye is launching a significant initiative to combat corporate tax evasion by deploying artificial intelligence (AI) and up to 500 inspectors to analyze the tax returns of citizens and businesses.

 

06.11.2024 FCHAIN Kyrgyzstan team participated in the IBC Quiz Feast, which was organized by the International Business Council (IBC)

The FCHAIN Kyrgyzstan ​​team participated in the IBC Quiz Feast, which was organized by the International Business Council (IBC) on November 1, 2024 at the Hyatt Regency Bishkek Hotel.

 

06.11.2024 The meeting of “Dispute resolution, judicial system and rule of law” working group

On October 31, the “Dispute resolution, judicial system and rule of law” working group of the Commission for Business Environment and International Ratings, led by the Ministry of Justice, held a wide-ranging meeting with representatives of business entities, legal and consulting companies, and business associations. 

 

07.11.2024 Turkish Economy Forecast and Central Bank Policies

FCHAIN Türkiye Office informs: Türkiye’s economy is projected to grow by only 3% this year and next, which is lower than the government’s forecasts of 3.5% for this year and 4% for 2025.

 

07.11.2024 SARAS published Guide on AML/CFT Risk Assessment and Management

FCHAIN Georgia Office informs: The Guide on AML/CFT Risk Assessment and Management has been approved on the basis of subparagraph ‘b1’ of Article 20(9) of the Law of Georgia on Accounting, Reporting and Auditing and Articles 4(a), 8 and 38(5) of the Law of Georgia on Facilitating the Suppression of Money Laundering and Terrorism Financing.

 

07.11.2024 Poland Nears EU’s Lowest Unemployment Rate

FCHAIN Poland Office informs: Poland is on the verge of becoming a leader in the European Union for low unemployment, closely trailing the Czech Republic, which currently holds the top position. According to recent Eurostat data, Poland’s unemployment rate in September 2024 was 2.9 percent, just shy of the Czech Republic’s 2.8 percent.

 

09.11.2024 November 9 – State Flag Day of Azerbaijan

The State Flag Day of Azerbaijan is a national holiday in Azerbaijan that is celebrated annually on 9 November.

 

10.11.2024 November 10 – International Accounting Day

International Accounting Day is celebrated on November 10 every year and serves as an opportunity to acknowledge the work accountants do to make businesses thrive, support the economy and help people navigate the complexities of finance.

 

10.11.2024 Digital Poland expands e-services: PLN 878 mln fund launched for large entities

The Center for Polish Digital Projects (CPPC) has launched an application process for projects focused on e-services for large entities, open until January 10, 2025.

 

10.11.2024 World Science Day for Peace and Development

Celebrated every 10 November, World Science Day for Peace and Development highlights the significant role of science in society and the need to engage the wider public in debates on emerging scientific issues. It also underlines the importance and relevance of science in our daily lives.

 

10.11.2024 More Turkish Companies Open in UAE After Trade Deal

FCHAIN Türkiye Office informs: The signing of the Comprehensive Economic Partnership Agreement (Cepa) between the UAE and Türkiye in March 2023 has led to a significant increase in the number of Turkish companies opening offices in the UAE.

 

11.11.2024 National Independence Day in Poland

Independence Day is a national day in Poland celebrated on 11 November to commemorate the anniversary of the restoration of Poland’s sovereignty as the Second Polish Republic in 1918 from the German, Austro-Hungarian and Russian Empires.

 

11.11.2024 COP29 Azerbaijan

COP29, the 2024 United Nations Climate Change Conference, is taking place from November 11–22 in Baku, Azerbaijan. This event brings together global leaders, climate experts, and representatives from various sectors to advance efforts to combat climate change.

 

12.11.2024 Constitution Day of the Republic of Azerbaijan

November 12 marks the Constitution Day of the Republic of Azerbaijan.

On this day in 1995, the Constitution of Azerbaijan, the main law of an independent sovereign state, was adopted through a national referendum.

 

13.11.2024 Kazakhstan: Payment of payroll taxes and deductions in a single payment

Since November 11, 2024, an innovation that will significantly simplify the process of payment of taxes and other mandatory payments – the consolidated payment order (CPO) – will come into force in Kazakhstan, FChain Kazakhstan reports.

 

14.11.2024 Recent Economic Developments and Outlook in Tajikistan

FCHAIN Tajikistan Office informs: Tajikistan has demonstrated robust economic growth, with a significant expansion of 8.3% in 2023 and 8.2% in early 2024. This was driven by increased revenue from gold exports and public infrastructure spending.

 

14.11.2024 Azerbaijan Embassy in Czech Republic Commemorates Victory Day

On November 8th, the Azerbaijan Embassy in the Czech Republic hosted a special event to mark one of the most significant days in the history of Azerbaijan – the Victory Day in the 44-day Patriotic War.

 

14.11.2024. Türkiye plans a fourfold rise in renewable energy

FCHAIN Türkiye Office informs: Türkiye aims to quadruple its renewable energy capacity over the next decade, with plans to invest $80 billion to increase output and an additional $30 billion for infrastructure improvements.

 

 15.11.2024 In Solidarity For A Green World

Participant of the most prestigious events Financial Chain Corporation ​took part in COP 29 Azerbaijan Green Zone. FCHAIN team was led by Valid Huseynov, Deputy General Director of Financial Chain Corporation.

 

15.11.2024 Online training “Prevention of money laundering and financing of terrorism”

FCHAIN Georgia Office informs: Ani Papidze, Chief Accountant of FCHAIN Georgia Office attended online training “Prevention of money laundering and financing of terrorism”.

 

15.11.2024 Employer of Record Service (EOR) №1 in Tajikistan

FCHAIN is a solution designed to help companies hire and manage employees in foreign countries without the need to establish a legal entity in those locations.

 

15.11.2024 A Night of Poetry and Art

Premiere of Literary Event “Reflections” On November 3rd, the heart of Prague played host to the premiere of a unique literary event at the Lapidarium Gallery. The evening featured an inspiring collaboration between poetesses Leyla Begim, Nataliya Volkova, Lyudmila Svirskaya, Olga Belova-Dalina, and artist Alexander Belov.

 

16.11.2024 International Day for Tolerance

“Tolerance is respect, acceptance and appreciation of the rich diversity of our world’s cultures, our forms of expression and ways of being human.”

In 1996, the UN General Assembly adopted Resolution 51/95 proclaiming 16 November as International Day for Tolerance.

 

16.11.2024 Türkiye and Azerbaijan Unveil Joint Pavilion at COP29 to Promote Environmental Solidarity

Türkiye’s Zero Waste Project and Azerbaijan’s Heydar Aliyev Foundation have launched a joint pavilion at the COP29 United Nations Climate Change Conference, located in the Green Zone. The pavilion, named the “Solidarity Center,” is designed to promote environmental initiatives and provide a platform for discussions between governments, private sector representatives, and NGOs.

 

16.11.2024 First Meeting of the Ministers Responsible for Environment and Ecology of the Turkic States Organization (TDT) Held in Baku

The First Meeting of the Ministers Responsible for Environment and Ecology of the Turkic States Organization (TDT) took place in Baku, Azerbaijan, as part of the 29th UN Climate Change Conference (COP29).The meeting was attended by environment ministers from TDT member states and the TDT Secretary General, Ambassador Kubanıçbek Omuraliyev.

 

16.11.2024 FCHAIN Celebrated 22nd Anniversary

Financial Chain Corporation celebrated its 22nd birthday. The event was organized by the Baku branch. Established on November 1, 2002, FCHAIN ​​has consistently been operating in 15 countries, including the Czech Republic, Türkiye, Georgia, Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, Singapore, Poland, Malta.

 

17.11.2024 National Revival Day of Azerbaijan

National Revival Day is a national holiday celebrated in Azerbaijan every year on the 17th of November. Since 1992, 17 November has been celebrated as a National Revival Day in the country. It is related to the events in Baku in November-December 1988.

 

17.11.2024 The Day of Struggle for Freedom and Democracy in the Czech Republic

On November 17, the Czech Republic celebrates the 35th anniversary of the Velvet Revolution, a pivotal moment in its history that led to the end of communist rule. The national holiday, also known as the Struggle for Freedom and Democracy Day, will feature commemorative events, concerts, parades, and protests.

 

18.11.2024 Opening of the Azerbaijan Cultural House in Prague

A Historic Milestone for the Azerbaijani Community in the Czech Republic on November 6th, on the eve of the momentous Day of Victory, a landmark event took place in the cultural and public life of Azerbaijanis living in the Czech Republic.

 

18.11.2024 FCHAIN 22 – Honoring Employee Loyalty

As you know, recently FCHAIN ​​celebrated its 22nd birthday. This year marks a multitude of joyous occasions for FCHAIN Corporation, one of which is the celebration of our employees’ unwavering loyalty. Many of them have reached milestones of 5, 10, 15 and even 20 years of dedicated service to our company.

 

18.11.2024 November 18 – State Flag Day of the Republic of Uzbekistan

The state flag of Uzbekistan was approved on November 18, 1991 and since then, it is an official national symbol of the republic. It represents a multicolored rectangular cloth with three horizontal stripes of blue, white and green.

 

18.11.2024 Revenue Service writes off GEL 423,141,969.65 for individuals under tax relief

FCHAIN Georgia office informs: The Revenue Service has written of GEL 423,141,969.65 in tax debts for 65,340 individuals as part of the tax relief initiative. According to the Revenue Service, enforcement measures such as mortgages and property seizures will be automatically cancelled.

 

18.11.2024 Collaborate Remotely – Outsourcing Services from FCHAIN Tajikistan

In the era of new technologies, understanding the most common business roles to outsource (offshore, business process outsourcing) to experts can help you decide which of your own company’s positions. Here, we will explore some of the best jobs to outsource and the implications this may have for your business.

 

19.11.2024 FCHAIN in B2G Forum in Azerbaijan State Oil and Industry University

Valid Huseynov, Deputy General Director of Financial Chain Corporation and Public Relations Manager Gunel Musa attended B2G forum by Caspian Energy Club held in Azerbaijan State Oil and Industry University.

 

19.11.2024 Türkiye Bids to Host 2026 UN Climate Change Conference

FCHAIN Türkiye office informs: Türkiye is bidding to host the 2026 United Nations Climate Change Conference, Climate Minister Murat Kurum announced at the COP29 conference in Baku, Azerbaijan. Kurum highlighted Türkiye’s role as a bridge between developed and developing nations and expressed the country’s commitment to climate action.

 

19.11.2024 Georgia’s Pension Agency invests GEL 150 MLN in EBRD bonds

FCHAIN Georgia office informs: The Pension Agency of Georgia on Wednesday announced an inaugural investment of GEL 150 million in a five-year lari-denominated Floating Rate Note under the European Bank for Reconstruction and Development’s Global Medium Term Note programme.

 

20.11.2024 World Children’s Day

World Children’s Day was first established in 1954 as Universal Children’s Day and is celebrated on 20 November each year to promote international togetherness, awareness among children worldwide, and improving children’s welfare.

 

20.11.2024 Annual Inflation Rate Amounted To 0.3% In October

FCHAIN Georgia office informs: In October 2024 the Consumer Price Index increased by 0.3 percent compared to the previous month, while the annual inflation rate also amounted to 0.3 percent, – according to the preliminary data from the National Statistics Office of Georgia.

 

20.11.2024 Abolition of universal declaration of individuals in Kazakhstan

Prime Minister Olzhas Bektenov at the government meeting on November 19, 2024 announced the decision on universal declaration of Kazakhstan citizens, FChain Kazakhstan reports. The original purpose of the reform was to increase transparency and identify shadow revenues.

 

20.11.2024 Türkiye seeks World Bank funds to upgrade power grid

Türkiye is negotiating with the World Bank to secure funding for upgrading its energy transmission grid as part of a broader plan to significantly increase renewable energy generation and reduce reliance on fossil fuels.

 

22.11.2024 Kyrgyzstan and Slovakia agreed to eliminate double taxation

FCHAIN Kyrgyzstan office informs: Kyrgyz President Sadyr Japarov ratified the agreement between Kyrgyzstan and Slovakia on eliminating double taxation with respect to income taxes and preventing tax evasion, the press service of the head of Kyrgyz state reported.

 

22.11.2024 Türkiye’s clean energy plan gets $1bn backing

FCHAIN Türkiye office informs: A $1 billion investment backed by the Climate Investment Funds (CIF) is set to accelerate Türkiye’s green energy transition. The funding aims to transform the country’s power transmission system and enhance its energy grid with smart technologies.

 

25.11.2024 FCHAIN team in Logitrans Fair in Istanbul, Türkiye

Munevver Polat Chetin, Director of FCHAIN Türkiye and Gunel Musa, Public Relations Manager represented Financial Chain Corporation in Logitrans Exhibition in Istanbul, Türkiye. The Logitrans Fair is an international logistics and transportation trade show that takes place annually in Istanbul, Türkiye.

 

28.11.2024 Asian Development Bank Raises Economic Growth Forecast for Uzbekistan

The Asian Development Bank (ADB) has raised its growth forecast for Uzbekistan for 2024 and 2025 after economic growth in the first half of 2024 outpaced expectations due to higher investment and strong expansion in industry.

 

28.11.2024 Kyrgyzstan hosted E-Commerce Expo 2024 to drive digital transformation in Central Asia

The Ministry of Economy and Commerce of the Kyrgyz Republic hosted the E-Commerce Expo 2024, a milestone event aimed at accelerating digital transformation across Central Asia. The event attracted over 600 participants, including business leaders, government officials, entrepreneurs, and representatives from international organizations, marking a key moment in the region’s journey toward a robust digital economy.

 

28.11.2024 Zuleykha Shabanova triumphs with two gold medals at ARAM UAE CUP 2024

Great Victory! Talented Azerbaijani gymnast Zuleykha Shabanova, officially sponsored by Financial Chain Corporation (FCHAIN), won two gold medals and secured first place in ball and club exercises at the 7th International Rhythmic Gymnastics Competition ARAM UAE CUP 2024. The tournament featured representatives from Malaysia, Mongolia, Türkiye, Azerbaijan, UAE, Ukraine, and Egypt.

 

28.11.2024 Special Economic Zones (SEZs) in Kazakhstan: An Overview

Kazakhstan has established Special Economic Zones (SEZs) as part of its strategy to attract foreign investments, boost industrial diversification, reducing dependence on imported products and promote innovation. These zones offer preferential tax regimes, simplified administrative processes, and robust infrastructure tailored to specific industries.

  • Author: Gunel Musa

Public Relations Manager

05.12.2024
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