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

Official Press Release of Financial Chain Corporation - October, 2024

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01.10.2024 Kazakhstan: news and accounting activities, October 2024

  • The Rules for the calculation, withholding of mandatory pension contributions and mandatory occupational pension contributions are amended as of September 28, 2024;
  • New Tax Code: key changes presented in the Majilis;
  • On the Internet resource of the Majilis of the Parliament of the Republic of Kazakhstan the draft Law of the Republic of Kazakhstan on introduction of amendments and additions to certain legislative acts of the Republic of Kazakhstan on taxation issues has been posted:

 

03.10.2024 FCHAIN is an official sponsor of young gymnast

Gymnastics is one of the most physically demanding and captivating sports in the world, combining strength, agility, flexibility, and artistry. However, unlike some other major sports gymnastics often struggles to generate the same level of mainstream financial support. In recent years, sponsorships have played an increasingly important role in supporting elite gymnasts, helping them cover training costs, travel expenses, and even post-gymnastics career opportunities.

 

03.10.2024 Turkish inflation falls less than expected in September at 49.4%

Turkish annual inflation slowed less than expected in September to 49.4 percent, official data showed Thursday, a figure which analysts said could disappoint central bank officials after a series of interest rate hikes.

 

03.10.2024 Almaty Marathon 2024: A 10 km achievement by Sergey Gaidarov

On 29th of September, Legal Advisor of Fchain Kazakhstan Sergey Gaidarov proudly represented our company at the Almaty Marathon 2024, completing the full 10 km race for 56 minutes. As one of the largest marathons in Central Asia, the Almaty Marathon draws thousands of runners from around the world to the vibrant city of Almaty, offering a stunning route that passes through scenic landscapes and the city’s iconic landmarks. This year there were 15,000 participants from all over the world.

 

03.10.2024 The Next Meeting of the “Tax and Accountability” Working Group

Aslan Manafov, Accounting Department Team Lead of Financial Chain Corporation took part in the next meeting of the “Tax and accountability” working group led by the State Tax Service and the Commission on Business Environment and International Ratings.

 

04.10.2024 World Animal Day is an International Day of Action for animal rights and welfare celebrated annually on October 4

It’s an important day and has been marked since 1925, with a growing international community striving to end the needless suffering of all animals.

 

07.10.2024 Every new week is a chance for new beginnings, growth, and achievement

“Happy Monday” is a way to bring a positive attitude to the beginning of the workweek. For many people, Mondays can be a challenging day, as it marks the end of the weekend and the return to work.  Celebration of “Happy Monday” encourages optimism and motivation, helping set a positive tone for the week ahead.

 

07.10.2024 Czech Republic and South Korea to cooperate on high-speed rail projects

The two countries will collaborate on new research, with Korea investing significantly over the next decade in areas like AI and nuclear technology. Czech Prime Minister Petr Fiala and South Korean President Yoon Suk Yeol have agreed to strengthen cooperation between the two countries, with a focus on high-speed rail projects and joint research initiatives. Fiala announced the new cooperation during the state visit of Yoon and other South Korean officials to the Czech Republic.

 

09.10.2024 Türkiye Abandons Plans to Tax Crypto and Stock Market Earnings

Türkiye’s government has decided against taxing profits from cryptocurrency and stock market trading. Vice President Cevdet Yılmaz announced that the proposal for a levy on these trading profits has been shelved, stating, “The stock market tax is not on our agenda.” He confirmed that this also applies to any taxation of cryptocurrency earnings.

 

09.10.2024 State-owned trading company established in Kyrgyzstan

A Trading Company has been established in the Kyrgyz Republic, it will be able to conduct operations without supplying goods to the country.

By order of the Cabinet of Ministers dated August 23 of this year, a Trading Company with 100% state participation in the authorized capital has been established in Kyrgyzstan. The founder is the Ministry of Economy, the press service of the office reports.

 

09.10.2024 FCHAIN will sponsor the Azerbaijan Cross-Country Running Championship

Giving great importance to the development of sports in the country, Financial Chain Corporation this time will sponsor the Azerbaijan Cross-Country Running Championship to be held on October 20 in Goygol district, also organized by the Ministry of Youth and Sport, and Azerbaijan Athletics Federation.

 

09.10.2024 10th Baku International Book Fair

Leyla Gulami, representative of Financial Chain Corporation attended the outstanding event – Baku Book Fair Exhibition which was an opportunity for its participants to set the tone for publishing in the region.

 

10.10.2024 Arbor Day in Poland

Poland celebrates Arbor Day on October 10. It aims to raise awareness of the importance of conservation of the country’s rich forests.

 

10.10.2024 World Mental Health Day

Let’s make it a priority!

World mental health day is observed on october 10th every year. It aims to raise awareness about mental health issues around the world and mobilize efforts to support mental well-being. The day provides an opportunity for everyone to talk about mental health, share personal stories, and reduce the stigma surrounding mental health conditions.

 

11.10.2024 The 26th German Economy Day in Kazakhstan

The 26th German Economy Day in Kazakhstan recently took place, marking an important event for fostering economic ties between Germany and Kazakhstan. The event, which has become a significant platform for dialogue between businesses, policy-makers, and industry leaders from both countries, was attended by Director Yekaterina Kassumova and Senior Accountant Elena Kim of FChain Kazakhstan.

 

14.10.2024 Türkiye targets $10bn FDI in 2024 on Saudi support

Türkiye has received more than $6 billion FDI in the past seven months, said vice president Cevdet Yılmaz. Türkiye is targeting more than $10 billion in foreign direct investment (FDI) in 2024, supported by a planned $5 billion investment from Saudi company.

 

14.10.2024 Chief Accountant of FCHAIN Czechia Zdeněk Kurka Takes Second Place at Final of the Prague Senior Golf Tour 2024!

On Wednesday, 9th of October the final of the Prague Senior Golf Tour 2024 took place in the picturesque surroundings of a golf course, attracting a number of talented players. Among them was Zdeněk Kurka, the chief accountant of FCHAIN Corporation, who showcased his golfing skills and secured an impressive second place in the HCP 14.1 – 36 category. The golf tour continued throughout the season.

 

15.10.2024 Türkiye and Egypt Strengthen Ties with State

Türkiye and Egypt are moving toward rapprochement after a decade of strained relations. During a one-day visit to Ankara, Egyptian President Abdel Fattah Al-Sisi and Turkish President Recep Tayyip Erdoğan signed 17 memorandums of understanding, focusing on enhancing cooperation in finance, energy, defense, and tourism.

 

16.10.2024 Uzbekistan’s Reforms for Private Sector Growth, Social Protection, and Climate Action to Benefit from World Bank Support

The World Bank’s Board of Executive Directors approved a financial package of $800 million in highly concessional loans to support Uzbekistan’s reform agenda geared towards advancing the country’s transition to an inclusive and resilient market economy.

 

16.10.2024 Together we can make THE WORLD GREENER

Financial Chain Corporation is always actively involved in social projects and the protection of fauna and flora. The Company supports global solidarity and cooperation toward environmental sustainability and combating climate change, raising awareness and taking collective action to promote ecological balance, reduce carbon footprints, and support green policies across nations.

Within the framework of the “Green World Solidarity Year” FCHAIN calls coming together to take action toward a sustainable future.

 

 17.10.2024 FCHAIN representatives attended “Grand HR Summit”

“Grand HR Summit” on the topic “Cooperation with Employers: Current and Future Projects” was held under the joint organization of the State Employment Agency, and State Labor Inspection Service under the Ministry of Labor and Social Protection of Population, and “Caspian Energy Club”.

 

18.10.2024 Day of Restoration of Independence of Azerbaijan

Azerbaijan celebrating Day of Restoration of Independence

The Day of Restoration of Independence is a state holiday in Azerbaijan.

 

18.10.2024 Accounting Outsourcing in FCHAIN Georgia

Outsourcing accounting services has become a popular strategy for businesses of all sizes looking to streamline operations and focus on their core activities. By leveraging the expertise of external accounting professionals, companies can gain a competitive advantage and improve their financial management.

 

18.10.2024 Baku hosted 4th Azerbaijan International Restoration, Reconstruction, and Development of Karabakh Exhibition – Rebuild Karabakh

Gunel Musa, FCHAIN PR Manager attended the Caspian Construction Week, an important event in the construction field of the region, held at the Baku Expo Center.

 

20.10.2024 October 20 is Arbor Day in the Czech Republic

Arbor Day is a holiday that has been celebrated around the world since the mid-19th century. The date of the Arbor Day celebration varies according to the climatic conditions of individual countries. In the Czech Republic, Tree Day falls on October 20.

 

22.10.2024 FCHAIN Representatives in Goygol District

Within the framework of the autumn national cross country championship organized by the Ministry of Youth and Sports and the Azerbaijan Athletics Federation FCHAIN ​​representatives visited Goygol District under the leadership of Deputy General Director Valid Huseynov.

 

22.10.2024. Turkish eCommerce Outpacing Overall Economic Growth

FCHAIN Türkiye informs: Türkiye’s eCommerce sector is expanding rapidly, outpacing the general economy, as reported by Trade Minister Ömer Bolat at a recent summit. Between 2019 and 2023, eCommerce grew at a compound rate of 26%, with its share of GDP rising to 6.8% last year. Notably, eCommerce exports surged by 131% to reach $5 billion last year, with a target of $8 billion set for this year.

 

23.10.2024 FCHAIN ​​sponsored the National Cross Country Championship in Goygol

The autumn cross country championship was held in the Goygol district under the organization of the Ministry of Youth and Sports and the Athletics Federation of Azerbaijan.

 

23.10.2024 Singapore has launched its updated Smart Nation 2.0 plan

Singapore has launched its updated Smart Nation 2.0 plan, announced by Prime Minister Lawrence Wong, focusing on three key pillars: growth, community, and trust. Unlike the first plan in 2014, which focused on digitalisation, this phase addresses broader issues like AI development, cyber security, and digital inclusion.

 

23.10.2024 Employers in the Kyrgyz Republic will pay wages only in non-cash form

The Tax Service of the Kyrgyz Republic reminds that from October 1, 2024, all employers – legal entities are required to pay wages only in non-cash form.

 

25.10.2024 Happy Day of the Republic of Kazakhstan

On October 25, 1990, Kazakhstan’s Supreme Soviet adopted the Declaration of State Sovereignty, marking the beginning of the republic’s journey toward full independence. The declaration asserted the supremacy of Kazakhstan’s laws over Soviet Union laws and laid the groundwork for the country’s eventual independence. This was a pivotal moment in Kazakhstan’s history, as it allowed the country to control its own resources, culture, and governance.

 

25.10.2024 FCHAIN Representatives took active part in the National Cross Country Championship in Goygol

As was informed the autumn cross country championship was held in the Goygol district under the organization of the Ministry of Youth and Sports and the Athletics Federation of Azerbaijan.

 

25.10.2024 Remote work and trends

Remote consulting service from FCHAIN Tajikistan to companies from anywhere in the world:

Management consulting services, fully remote, international, global to companies from anywhere in the world (time zone UTC +5);

 

25.10.2024 “Central Baltic – Azerbaijan Business Forum” organized by “Caspian Energy Club” was successfully completed

Gunel Musa, Public Relations Manager of Financial Chain Corporation took part at the “Central Baltic – Azerbaijan Business Forum” dedicated to the development of business relations between Azerbaijan, Latvia, Estonia and Finland. The forum was held under the “Green Technology and Sustainable Development” theme organized by “Caspian Energy Club” within the “LEF Network Azerbaijan” project.

 

28.10.2024 October 28 – Czech Founding Day

Czech Founding Day, which takes place on October 28 every year, is a day of celebration and fun because it observes the founding of the first independent Czechoslovakian state.

 

28.10.2024 Kazakhstan: Increase in tax rates from 2025

The changes in the current tax legislation, including increase of tax rates and social deductions, will come into force on 1st of January 2025, FChain Kazakhstan reports.

The rate of social contributions will increase from 3.5 to 5%. It also introduces social deductions under civil law contracts, which have been widely used for tax optimization.

 

28.10.2024 Turkish Economic and Financial Developments for September 2024

FCHAIN Türkiye office informs: Inflation Trends: Inflation in Türkiye remains persistent, and the likelihood of a rate cut this year is decreasing.

 

28.10.2024 Registration of new business in Tajikistan

The World economy in 2024 including all factors and the boom f innovative technologies in the life of people and businesses that developing every day in different directions all investors and owners of companies including Silicon Valley players are looking for new markets and opportunities every day to achieve their business goals. We are FCHAIN Corporation in Tajikistan, ready to cooperate and offer you business consulting services and setup of your business in Tajikistan.

 

29.10.2024 October 29 – Republic Day of Türkiye

October 29 Republic Day of Türkiye marks the creation of the Turkish Republic in 1923. After Türkiye’s victory in the War of Independence (1919-1923), the Turkish parliament proclaimed the new Turkish state as a republic.

 

29.10.2024 FCHAIN marathoners shared their impressions

Financial Chain Corporation has always supported sport, as the development of sport is one of the priorities in our country. It is no coincidence that FCHAIN ​​was one of the sponsors of the national cross country championship in Goygol. Growing interest in sports among the younger generation confirms the high assessment of the work done and inspires FCHAIN ​​to sign even larger projects as a sponsor.

 

30.10.2024 Türkiye’s Renewable Energy Expansion Auctions Planned for 2024

Türkiye’s energy ministry is poised to restart auctions next year for designated renewable energy zones to attract global investment, aiming to significantly increase its renewable capacity. The country plans to add 2,000 megawatts of new renewable energy capacity annually until 2035.

 

30.10.2024 FCHAIN in CEO Breakfast by Caspian Energy Club

The representatives of Financial Chain Corporation regularly attend the CEO Breakfast Series organized by the Caspian Energy Club, which has become a valuable networking platform giving a good opportunity for the Club members.

 

31.10.2024 FCHAIN in a charity run named “Victory Run” dedicated to the 4th anniversary of Azerbaijan’s Victory in the Patriotic War

As Financial Chain Corporation always supports the development of sports in the country, FCHAIN representatives this time will take part in a charity run named “Victory Run” dedicated to the 4th anniversary of Azerbaijan’s Victory in the Patriotic War.

  • Author: Gunel Musa

Public Relations Manager

04.11.2024
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