Press releases - FCHAIN

In Kyrgyzstan, insurance premium rates have been reduced - from 27.25% to 12.25%. President Sadyr Japarov signed the corresponding law. Now 2.25% of insurance premiums are paid by the employer, and 10% by the employee. The rate reduction does not apply to the following categories: organizations financed from the state budget; mining enterprises with a

FCHAIN Türkiye Office informs: The 25% cap on residential rent increases, which has been in place for the past two years, has come to an end. Starting with the new period, rent increases will be determined according to the Consumer Price Index (TÜFE) rate. The 25% maximum increase limit imposed on residential rents as part

FCHAIN Türkiye Office informs: In June, the Istanbul Chamber of Industry's Türkiye Manufacturing Sector Export Climate Index remained above the threshold value of 50.0, indicating that the demand conditions in Turkish export markets improved on a monthly basis for the sixth consecutive month. The index had risen to 52.8 in May, reaching its highest level

A new survey from consulting firm Deloitte has found that millennials (people born between 1981 and 1996) and Generation Z (those born between 1997 and 2010) prioritize work-life balance over salary when choosing a job. More people want remote, and less, work The survey reveals that 30 percent of Gen Z sees work-life balance as

Minister of Treasury and Finance of Türkiye Mehmet Simsek had stated, "Regulation is inevitable. Otherwise, taxes not collected by our country will be collected by another country." Following a new global tax agreement signed by 134 countries, including Türkiye, approximately three years after its inception in 2021, many advanced economies have started implementing a minimum

On July 1, 2024 the law on amendments and additions to the Tax Code of the Republic of Kazakhstan was signed. According to these changes, the obligation to submit a personal income declaration within the framework of universal declaration for non-residents and their spouses who are managers, founders (participants) of legal entities and individual entrepreneurs