Global Payroll - 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