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.
03.10.2023 AZERBAIJAN-ISRAEL COLLABORATION EXPANDS ACROSS KEY SECTORS
Azerbaijan and Israel are continuously crafting new projects to bolster their mutually beneficial cooperation, with a portfolio of joint initiatives witnessing steady growth. This development was highlighted by Alex Kaplun, President of the Israel-Azerbaijan Chamber of Commerce and Industry (IACCI), during the Azerbaijan-Israel Early Education and Parenting Forum, held in Baku on September 28.
03.10.2023 AZERBAIJAN’S NEW PAYMENT SERVICES LAW PAVES THE WAY FOR DIGITAL PAYMENT ECOSYSTEM
The recent enactment of the “Payment Services and Payment Systems Law” is set to play a significant role in advancing the digital payment ecosystem in Azerbaijan. However, it’s worth noting that the law, as it stands, doesn’t contain any provisions related to digital currencies, including the Central Bank’s digital currency, and this sector remains unregulated.
04.10.2023 TURKISH INDUSTRIAL TITANS ACHIEVE REMARKABLE 120% SURGE IN SALES
In a groundbreaking revelation, Türkiye’s most prominent industrial enterprises have witnessed an astonishing 120% increase in production sales throughout 2022, according to a highly anticipated annual survey released on Tuesday.
04.10.2023 KAZAKHSTAN: NEWS AND TAX/ACCOUNTING ACTIVITIES, OCTOBER 2023
Discussions regarding the Tax Code in 2025 are ongoing. Below are some of the upcoming changes to be acquainted with..
05.10.2023 STREAMLINED PROCEDURE FOR OPENING BANK ACCOUNTS FOR ENTREPRENEURS IN AZERBAIJAN – FCHAIN
Starting from October 1st of this year, a significant amendment to Article 35 of the Tax Code will come into effect in Azerbaijan. This amendment concerns the procedure for opening bank accounts for taxpayers in banks and other organizations engaged in banking activities in the country, as reported on Friday.
05.10.2023 PRAGUE’S ASPIRATIONS TO BECOME A TECH HUB GROW WITH MASSIVE STADIUM CONVERSION PROJECT
Built nearly a century ago, the Strahov stadium in Prague, once used for mass gymnastics events, has long been a neglected eyesore in the Czech capital. However, recent developments are set to breathe new life into this historical site. In September, city authorities gave the green light to a €400 million plan to transform a section of the sprawling stadium into a technology center. This facility will provide students and entrepreneurs with the space to experiment with robots, drones, artificial intelligence, and medical engineering, fostering the development of innovative business ideas.
09.10.2023 FINANCIAL CHAIN CORPORATION TAJIKISTAN PARTNERS WITH INS GLOBAL TO ENHANCE GLOBAL BUSINESS EXPANSION
Financial Chain Corporation Tajikistan, a leading financial and legal consulting company, has recently inked a significant Services Agreement with INS GLOBAL. As the top-ranked technology-driven Global PEO (Professional Employer Organization) and Employer of Record service provider operating in more than 100 countries worldwide, INS GLOBAL offers invaluable support to a diverse range of businesses and organizations aiming to establish or expand their operations in new regions.
09.10.2023 TURKISH CENTRAL BANK RESERVES EXTEND 15-WEEK GROWTH STREAK, SURPASSING $125 BILLION
The Central Bank of the Republic of Türkiye (CBRT) has achieved a remarkable 15-week streak of uninterrupted growth in its reserves, according to reports by Anadolu Agency (AA). As of the week ending September 22, the CBRT’s total reserves exceeded $125 billion, marking an impressive increase of approximately $4 billion compared to the previous week, as per the bank’s weekly statistics.
10.10.2023 FCHAIN COOPERATION WITH PROCTER & GAMBLE TO DELIVER EXCEPTIONAL SERVICES
FCHAIN Corporation is proud to announce a significant milestone in its continued growth and commitment to excellence in providing financial and legal services. On September 1, 2023, FCHAIN officially commenced an Employer of Record (EoR) services contract with Procter & Gamble (P&G), one of the world’s most renowned consumer goods companies.
12.10.2023 STRENGTHENING TEAM DYNAMICS: FCHAIN’S COMMITMENT TO SUCCESS
In the world of business, fostering strong relationships and a cohesive team is often the cornerstone of success. At FCHAIN Corporation, a global consulting company with a presence in 14 branches, including Czechia, we recognize the paramount importance of nurturing a positive company culture and maintaining a unified team. We firmly believe that a harmonious team is the key to success.
12.10.2023 KAZAKHSTAN: UPDATES IN TAXPAYER CATEGORIZATION
Since 2019, Kazakhstan has instituted a taxpayer evaluation system, classifying their activities
into three categories…
17.10.2023 TAJBUILD 2023 SHOWCASES THE BEST IN CONSTRUCTION
From the 12th to the 14th of October, Dushanbe hosted the prestigious international exhibition Tajikbuild 2023 at the Dushanbe EXPO Center, with strong backing from the Chamber of Commerce and Industry of the Republic of Tajikistan..
17.10.2023 FCHAIN SUSPENDS PLANS FOR NEW BRANCH IN ISRAEL DUE TO ONGOING EMERGENCY SITUATION
As previously announced, in accordance with the company’s strategic plan, we had planned to open a new branch in Israel this year. However, we regret to inform you that due to the state of emergency in Israel, FCHAIN has temporarily suspended the company registration process until the situation in the region is normalized.
17.10.2023 EBRD UPS TÜRKIYE GROWTH OUTLOOK, SEES INFLOW OF FOREIGN CAPITAL.
The European Bank for Reconstruction and Development (EBRD) on Wednesday raised its outlook for growth in Türkiye, marking the latest upward revision prompted by the fiscal stimulus in the run-up to the May elections and the post-vote shift in the economic policymaking.
23.10.2023 REVIEW OF THE RECENT DEVELOPMENTS IN AZERBAIJAN’S FINANCIAL MARKET
Last week, the license of “Muğan Bank” was revoked. According to the data of the Central Bank of Azerbaijan (CBA), the license of OJSC “Muğan Bank” was revoked from October 19, 2023, by the decision of the CBA Board on October 18, 2023, in accordance with Articles 16.1.6, 16.1.7, 16.1.9, 16.1.18, 57, and 61.1 of the Law of the Republic of Azerbaijan “On Banks”…
The recent establishment of an official Working Group in Tajikistan signifies a crucial step towards the development of the draft Law of the Republic of Tajikistan “On Social Entrepreneurship.” the head of the working group, Murtazozoda Jamshed Saidali.
25.10.2023 REDEFINING THE FUTURE OF BANKING: COMMERZBANK’S DIGITAL TECHNOLOGY CENTER IN PRAGUE
The role of technology in modern banking has never been more vital, with Commerzbank’s Digital Technology Center (DTC) in Prague spearheading groundbreaking advancements in the banking sector.
27.10.2023 EXPANDING HORIZONS: FCHAIN CORPORATION SET TO OPEN SECOND BRANCH IN NAKHCHIVAN, AZERBAIJAN
Managing Partner of FCHAIN Corporation, Mr. Zaur Gadirov, Announces the Opening of a New Branch in Azerbaijan’s Nakhchivan City…
On October 24, 2023, the esteemed representatives from FCHAIN’s Tbilisi and Kazakhstan branches actively participated in the CEO Meet Up Tbilisi, an event organized by Caspian Energy Georgia. Serving as a critical networking hub, this gathering played a significant role in fostering connections and establishing valuable relationships within the industry.
31.10.2023 KAZAKHSTAN: REDUCED CIT FOR ASTANA-HUB PARTICIPANTS
Kazakhstan is interested in advancing the IT sector and is committed to facilitating and promoting businesses within this industry.
Looking ahead, FCHAIN Corporation remains steadfast in its mission to provide financial and legal services, solidifying its position as a global leader in the consultancy sphere.
For more information and updates, visit FCHAIN’s official website and stay tuned for the latest updates from the company.
For media inquiries or further information, please contact:
Nargiz Mammadova
Public Relations Manager
Financial Chain Corporation
Email: n.mammadova@f-chain.com
