PRESS RELEASE FOR DECEMBER, 2023 - FChain

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.

04.12.2023 KAZAKHSTAN: NEWS AND TAX/ACCOUNTING ACTIVITIES, DECEMBER 2023

2023   Changes are planned for the retail tax in 2024 in terms of limiting the application by companies using a special tax regime, lowering the retail tax rate and the procedure for determining income under retail tax.

11.12.2023 RISING REAL ESTATE RENTS IN TAJIKISTAN: ADJUSTMENTS IN 2024

Tajikistan is witnessing an uptick in real estate rents, as the government introduces changes to establish revised rates for private housing and various facilities. Commencing January 1, 2024, the minimum rent per square meter of real estate in Tajikistan is set to experience a 5.88% increase

18.12.2023 TEPAV HIGHLIGHTS CRITICAL INTEREST RATE: A CRUCIAL ADJUSTMENT!

As anticipation builds around the Central Bank of the Republic of Turkey’s (CBRT) upcoming interest rate meeting, TEPAV has delivered a noteworthy assessment, indicating a pivotal threshold.

18.12.2023 FCHAIN CORPORATION SPRINTS INTO ACTION: SPONSORING AND PARTICIPATING IN AZERBAIJAN’S “FAMILY GAMES”

On December 17, 2023, at 10:00 AM, the Ministry of Youth and Sports and the Azerbaijan Athletics Federation will host the much-anticipated “Family Games” at the. FCHAIN Corporation, a global consulting firm with a significant footprint, including 14 branches worldwide, proudly announces its involvement as a sponsor and active participant in this exciting event.

19.12.2023 FCHAIN CORPORATION NEWS UPDATE: UZBEKISTAN’S CENTRAL BANK MAINTAINS KEY INTEREST RATE

In a recent development on December 14, 2023, the Central Bank of the Republic of Uzbekistan has chosen to keep its key interest rate steady at 14% annually.

20.12.2023 FCHAIN CORPORATION NEWS BULLETIN: GEORGIA DISCLOSES THIRD QUARTER FOREIGN DIRECT INVESTMENT FIGURES

Preliminary data from the National Statistics Service of Georgia, as reported by Trend, reveals a notable 61.5% decrease in Foreign Direct Investments (FDI) in Georgia during the third quarter of 2023, totalling $316 million USD compared to the same period last year.

20.12.2023 KYRGYZSTAN PROPOSES FREE LAND ALLOCATION FOR SOLAR PANELS

In a forward-thinking move, the Ministry of Energy of Kyrgyzstan is proposing the complimentary provision of state-owned land and buildings for the installation of solar panels.

 

 

 

20.12.2023  EXPERT TIPS FROM FCHAIN CORPORATION

FCHAIN Corporation, a renowned global consulting firm with 14 branches worldwide, specializing in finance and legal services, is here to share expert tips to help you achieve financial success.

21.12.2023 BILATERAL INVESTMENTS THRIVE BETWEEN AZERBAIJAN AND KAZAKHSTAN

In the first half of 2023, mutual investments between Azerbaijan and Kazakhstan reached an impressive $82 million USD, fostering collaboration across six investment projects.

 

25.12.2023 FCHAIN CORPORATION EMPOWERS YOUNG ATHLETES: SPONSORS AND SUPPORTS SƏBAIL VELOPARK’S YOUTH RUN

In a celebration of youthful energy and community spirit, FCHAIN Corporation proudly announces its sponsorship of the passed “Youth Run,” which was on December 24th at Velopark in Səbail district. With a global presence spanning 15 branches, including Azerbaijan, FCHAIN Corporation is not only a leader in finance and legal consulting but also a fervent advocate for social initiatives, especially those aimed at fostering youth participation in sports

 

26.12.2023 UZBEKISTAN TO RAISE TAX BASE FOR CORPORATE PROPERTY FROM 2024

As per data provided by Uzbekistan’s Ministry of Economy and Finance, starting from January 1, corporate property tax rate will amount to the following:

 

27.12.2023  CHANGES IN TAX INSPECTION PROCEDURES IN KYRGYZSTAN FROM 2024

Starting in 2024, the State Tax Service of Kyrgyzstan will cease conducting on-site inspections. The announcement was made by the Chairman of the State Tax Service, Altynbek Abduvapov, during a session of the Jogorku Kenesh, highlighting that the service played a crucial role in initiating this moratorium.

 

27.12.2023 INCREASE IN TRANSPORTATION TAX IN TAJIKISTAN FROM JANUARY 1, 2024

Starting from January 1, 2024, the transportation tax for vehicles in Tajikistan will see a 5.88% increase. This adjustment is linked to the rise in the calculation base, which will climb to 72 somoni ($6.6) from the current 68 somoni ($6.2).

28.12.2023 INCREASE IN MINIMUM WAGE IN TURKEY

In a recent announcement, the Minister of Labor and Social Security, Vedat Ishikhan, revealed a significant rise in the minimum wage in Turkey. Starting from January 1, the minimum wage in the country will be set at 17,002 Turkish Lira ($579.38).

28.12.2023 GEORGIA REPORTS FOREIGN DIRECT INVESTMENT TRENDS

Preliminary data from the National Statistics Office of Georgia reveals a notable shift in Foreign Direct Investments (FDI) during the third quarter of 2023. The FDI into Georgia experienced a decline of 61.5%, amounting to $316 million USD compared to the corresponding period last year.

29.12.2023 “BAITEREK” HOLDING INITIATES BUSINESS SUPPORT MEASURES IN KAZAKHSTAN

In a strategic move to foster the growth of micro, small, medium, and large businesses, various subsidiaries of the National Managing Holding “Baiterek” are implementing a suite of support initiatives.

30.12.2023 KYRGYZSTAN’S INNOVATIVE FLOATING SOLAR POWER STATION TAKES SHAPE

Kyrgyzstan is gearing up for the launch of a groundbreaking floating solar power station, as announced by the country’s Ministry of Energy. The pilot project, spearheaded by “Chakan HPP” JSC, is set to be implemented at the daily regulation pool of the HPP-5, utilizing grant funds provided by the Asian Development Bank.