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PRESS RELEASE FOR SEPTEMBER, 2023
Official Press Release of Financial Chain Corporation. We are entirely responsible for the content and its accuracy and are ready to disclaim or correct any wrong or scammy information we are answerable for. Do not hesitate to contact us if you have any questions, please.
01.09.2023 GEORGIA’S TAX CODE UNDERGOES CHANGES: WHAT BUSINESSES NEED TO KNOW
On April 18, 2023, significant amendments to the Tax Code of Georgia were officially published. These changes introduce several important adjustments that businesses operating in Georgia should be aware of. FCHAIN Corporation, a global consulting firm with a presence in Georgia and expertise in finance and legal matters, is here to guide businesses through these crucial tax updates…
01.09.2023 UZBEKISTAN’S ROBUST TRADE GROWTH SIGNALS ECONOMIC RESILIENCE
Uzbekistan, a vital player in Central Asia, has demonstrated remarkable economic resilience as it recorded impressive growth in its foreign trade figures from January to July 2023. According to Trend, the nation’s total external trade volume surged to $34.97 billion, marking a substantial 23.3% increase compared to the same period last year…
01.09.2023 KYRGYZSTAN-FINLAND BUSINESS FORUM 2023 STRENGTHENS BILATERAL TIES AND INVESTMENT OPPORTUNITIES
The Kyrgyzstan-Finland Business Forum 2023, organized by the National Investment Agency under the President of Kyrgyzstan and supported by the UNDP’s “Trade Promotion” project, funded by the Government of Finland, recently concluded in Bishkek. The event shed light on the promising investment landscape in Kyrgyzstan, attracting foreign investors’ attention and highlighting the nation’s commitment to fostering a welcoming environment for international business initiatives…
01.09.2023 GEORGIA INTRODUCES NEW LABOR MIGRATION REGULATIONS
Starting from September 1, 2023, Georgia is implementing significant changes to its labor migration laws. These amendments, outlined in the “Labor Migration” law, will affect all foreign employees working for Georgian companies. FCHAIN Corporation, with its global presence including a branch in Georgia, is dedicated to providing insights and support to businesses navigating these evolving regulations…
01.09.2023 MASS RUN ON BAKU BOULEVARD: FEDERATION AIMS TO DISCOVER NEW TALENT
On September 3rd, a mass run with the slogan “Let’s Run Together,” dedicated to the 100th anniversary of Heydar Aliyev, will take place on Baku’s Primorsky Boulevard…
04.09.2023 CBRT RAISES KEY POLICY RATE TO 25% IN ONGOING INFLATION BATTLE
The Central Bank of the Republic of Türkiye (CBRT) has taken a bold step in its ongoing fight against inflation. In its latest move, the CBRT increased its key policy rate, known as the one-week repo rate, by a substantial 750 basis points, elevating it from 17.5% to 25%. This decision aligns with the central bank’s commitment to a tightening process aimed at curbing inflation…
04.09.2023 ISRAEL AND VIETNAM TO SIGN FREE TRADE AGREEMENT: A NEW CHAPTER IN BILATERAL TRADE RELATIONS
In a significant development that promises to bolster economic ties, Israel and Vietnam are set to ink a free trade agreement. The visit of Vietnam’s Deputy Prime Minister, Chang Lyu Kuang, to Israel signals a major step forward in the deepening economic cooperation between the two nations…
04.09.2023 MALTA BUSINESS REGISTRY’S NEW ONLINE PLATFORM SET TO STREAMLINE CORPORATE SERVICES
The Malta Business Registry (MBR) is gearing up for a significant digital transformation with the imminent launch of its new online platform. This initiative represents a substantial step forward in enhancing the efficiency and accessibility of corporate services in Malta. As a consulting firm with a global reach, FCHAIN Corporation recognizes the importance of such developments in streamlining business processes, and we are here to provide insights and support for enterprises navigating these changes…
04.09.2023 KAZAKHSTAN: NEWS AND TAX/ACCOUNTING ACTIVITIES, SEPTEMBER 2023
Employees of state institutions and their spouses (including education, health care, culture, sports, etc.), as well as employees of quasi-state sector entities and their spouses will have to submit tax returns on assets, liabilities, income and property at first time in our Republic…
05.09.2023 UZBEKISTAN EXPERIENCES SURGE IN TAX REVENUES
Uzbekistan, a country known for its rich history and vibrant culture, is also making headlines for its remarkable economic growth. In July, the nation witnessed a significant increase in tax revenues, signaling positive developments in its financial landscape…
Georgia and Israel are poised to initiate negotiations on a free trade agreement between the two nations in 2024. This announcement follows a meeting between Georgian Prime Minister Irakli Garibashvili and Israeli Prime Minister Benjamin Netanyahu…
06.09.2023 CZECH GOVERNMENT PURSUES FOREIGN WORKERS TO ADDRESS 200,000 JOB VACANCIES
The Czech Republic is actively seeking foreign workers to fill approximately 200,000 job vacancies, a move highlighted as vital for bolstering the nation’s infrastructure. Labor Minister Marian Jurečka emphasized this need during a meeting of the Government Committee for Strategic Investments…
06.09.2023 NAVIGATING REAL ESTATE INVESTMENT IN ISTANBUL, TURKEY: A COMPREHENSIVE GUIDE
Real estate in Istanbul is a booming sector and over the past 13 years, many people have been flocking to join the table of investors in this intercontinental city…
06.09.2023 MASS RUN ALONG BAKU BOULEVARD: NEXT STOP – ISMAILLI
On the National Seaside Boulevard, another mass run took place under the slogan “Let’s Run Together,” dedicated to the 100th anniversary of Heydar Aliyev…
07.09.2023 PRO SPORT CLUB CELEBRATES ITS FIRST ANNIVERSARY WITH A BANG!
Gymnastics club “Pro Sport” recently celebrated its first anniversary, and what a year it has been! Established in September 2022, the club made a significant impact in its very first year of operation…
08.09.2023 TAX EXEMPTIONS FOR INDIVIDUAL ENTREPRENEURS IN TAJIKISTAN’S CONSUMER GOODS SECTOR – FCHAIN
Tajikistan, a nation rich in tradition and craftsmanship, has recently introduced a set of tax exemptions aimed at promoting specific sectors of its economy. Individual entrepreneurs engaged in various activities related to the production of consumer goods have been granted significant tax relief. These exemptions are designed to encourage local artisans and entrepreneurs to flourish in their respective fields, ultimately contributing to the nation’s economic growth…
08.09.2023 AZERBAIJAN AND SLOVAKIA EXPLORE JOINT VENTURE POSSIBILITIES ACROSS DIVERSE SECTORS
In a bid to enhance bilateral economic cooperation, Azerbaijan and Slovakia are engaged in discussions regarding the potential establishment of joint ventures spanning various sectors. Boris Kollar, the Speaker of the National Council of the Slovak Republic, revealed this exciting development during an exclusive interview, conducted during his visit to Azerbaijan…
11.09.2023 UZBEKISTAN AND CHINA STRENGTHEN BILATERAL COOPERATION WITH GRANT-FUNDED PROJECTS
On September 8th of this year, a significant meeting took place at the Ministry of Investments, Industry, and Trade of Uzbekistan. Deputy Minister Sarvar Khamidov met with Deputy Chairman of the China International Development Cooperation Agency, Mr. Dan Bozhi, who was leading a delegation from China during his visit to Uzbekistan…
11.09.2023 KYRGYZSTAN RECORDS A DECREASE IN ANNUAL INFLATION RATES
Kyrgyzstan’s economic landscape is showing a noteworthy trend of decreasing annual inflation rates, as reported by Ms. Aynura Mambetkul Kyzу, the Head of the Economic Department at the National Bank of Kyrgyzstan…
We introduce the 7 most significant points, which President Kasym-Zhomart Tokayev tasked the Government: Simplification of the VAT refund procedure…
13.09.2023 FCHAIN CORPORATION APPOINTS RAYMOND L. AS COUNTRY MANAGER FOR SINGAPORE REPRESENTATIVE
FCHAIN Corporation, a globally renowned consulting company with a presence in 14 branches worldwide, specializing in finance and legal services, is delighted to announce the appointment of Mrs. Shahhana Begum. as the new Country Manager for its Singapore Representative, effective October 1, 2023…
14.09.2023 FCHAIN WELCOMES SPAN: A NEW PARTNERSHIP IN TBILISI
FCHAIN Corporation, a global consulting powerhouse with a footprint spanning 14 branches across the world, including our esteemed presence in Georgia’s capital, Tbilisi, is thrilled to announce a valuable addition to our growing list of esteemed clients…
15.09.2023 TAJIKISTAN-KAZAKHSTAN BUSINESS FORUM YIELDS $82.1 MILLION IN AGREEMENTS
Organized by the Tajikistan Chamber of Commerce and Industry, this forum served as a platform for entrepreneurs from both nations to exchange experiences and engage in bilateral negotiations. During these discussions, parties reached accords for future cooperation across sectors highlighted during the event…
In collaboration with the Accounting Chamber and Chamber of Auditors of the Republic of Azerbaijan, an international scientific-practical conference was held on September 15-16, 2023, dedicated to the 100th anniversary of the national leader of the Azerbaijani people, Heydar Aliyev, under the theme “Sustainable Development. Accountability. Transparency.”
15.09.2023 CELEBRATING EMPLOYEE LOYALTY AT FCHAIN CORPORATION
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, and even 15 years of dedicated service to our company. At FCHAIN, we deeply value our employees and firmly believe that the success of our company hinges on having a strong, cohesive team. It’s the collective efforts of every team member that have propelled our company to achieve such global success…
18.09.2023 REPORTING REQUIREMENTS IN TAJIKISTAN: ENSURING TIMELY COMPLIANCE
In Tajikistan, adherence to reporting requirements is a fundamental aspect of maintaining financial transparency and regulatory compliance. Businesses operating in Tajikistan, including our esteemed clients at FCHAIN Corporation, must be aware of the various types of reports and their corresponding deadlines to fulfill their obligations effectively…
20.09.2023 CURRENCY RESTRICTIONS LIFTED IN UZBEKISTAN: A BOOST FOR BUSINESS
In a significant move aimed at promoting economic activity and easing currency-related transactions, Uzbekistan’s Central Bank, led by Mamarizo Nurmuratov, has lifted restrictions on foreign currency operations for commercial banks…
21.09.2023 CELEBRATING 8 YEARS OF SUCCESS: FCHAIN’S TBILISI BRANCH
Today marks a significant milestone for FCHAIN Corporation’s Tbilisi branch as it celebrates its 8th anniversary. Over the past eight years, this branch has not only thrived but has also played a pivotal role in building a robust client base and earning the trust of its clients in Georgia and beyond…
22.09.2023 FCHAIN CORPORATION TAJIKISTAN: YOUR GATEWAY TO GLOBAL EXPANSION
In an increasingly interconnected world, businesses are seeking opportunities beyond their borders. However, the complexities of international expansion, including legalities, HR, and compliance, can be daunting. This is where Financial Chain Corporation Tajikistan steps in, offering an array of global consulting services that simplify the process of going global.
26.09.2023 CZECH BANKS RAMP UP INTEREST RATES FOR EURO DEPOSITS: HOW MUCH MONEY CAN YOU EARN?
Several Czech banks have significantly raised interest rates on euro deposits in recent days in a bid to capitalize on the euro’s recent strength against the Czech crown, Seznam Zprávy reports. This development comes as banks seek to entice both new and existing clients with more attractive savings options.
26.09.2023 KAZAKHSTAN RATIFIES AGREEMENT SIMPLIFYING CUSTOMS PROCEDURES WITH TURKEY
Kazakhstan, a pivotal player in the Eurasian region, continues to bolster its international trade relations. Recently, President Kassym-Jomart Tokayev signed into law the ratification of an agreement between the Republic of Kazakhstan and the Republic of Turkey. This agreement focuses on enhancing information exchange and streamlining customs control procedures…
26.09.2023 EXPANDING GLOBALLY MADE SIMPLE: FCHAIN CORPORATION TAJIKISTAN
In the dynamic landscape of international business, seizing global opportunities has never been more enticing. However, navigating the intricate web of legalities, HR complexities, and compliance requirements can be a formidable challenge. This is where Financial Chain Corporation Tajikistan steps in, offering an array of global consulting services designed to streamline the process of international expansion.
28.09.2023 FCHAIN CORPORATION EXPANDS GLOBAL FOOTPRINT WITH NEW BRANCH IN WARSAW, POLAND
FCHAIN Corporation, a renowned global consulting company with 14 branches worldwide specializing in finance and legal services, is excited to announce the opening of its new branch in Warsaw, Poland…
28.09.2023 UZBEKISTAN AIMS TO ATTRACT $50 BILLION IN FOREIGN INVESTMENTS INTO AGRICULTURE SECTOR
Uzbekistan is keen on harnessing foreign investments to propel its agricultural sector forward, with a goal set to attract an additional $50 billion in foreign investments into the country’s agricultural industry. This announcement was made by Aziz Voitov, the Minister of Agriculture of Uzbekistan, during the second Forum of Agribusiness of Turkic States held in Baku.
28.09.2023 KYRGYZSTAN AIMS FOR INCREASED TRADE WITH AZERBAIJAN
Since 2021, bilateral relations between Kyrgyzstan and Azerbaijan have been on a trajectory of steady development, with a notable increase in the dynamics and levels of bilateral contact. This was announced by Kyrgyzstan’s Ambassador to Azerbaijan, Kairat Osmonaliev…
In the dynamic world of international business, staying connected and forging new partnerships is crucial. FCHAIN Corporation, a renowned consulting company with a global reach and a strong presence in Tajikistan, understands the significance of such connections. That’s why, when opportunities arise to engage with local businesses and potential clients, FCHAIN Corporation seizes them.
- Author: Gunel Musa
Public Relations Manager
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