The Central Bank of Iran published a “service report” which outlined measures undertaken by CBI during the first term of President Hassan Rouhani in office and also after implementation of the JCPOA. According to the report, Iranian banking system has involved in foreign exchange transactions worth over $38 billion since January 2016 until March 2017. […]

The Shanda Consult Team wishes its Muslim Friends in the Middle East and the World peace, harmony and unity! Eid al-Adha honours the willingness of Ibrahim (Abraham) to sacrifice his son Ismaeel, as an act of obedience to God’s command. Ibrahim’s obedient act is part of Muslim believes as well as of Christian believes, and […]

The FinTech also called, Financial Technology or Financial Services Technology sector became a very dominant sector all over the world. Global investments in the FinTech sector are growing at a fast pace. According to a report prepared by IDAL there were around 1130 fintech companies in the world in 2016. Most of those companies were […]

The Biogas Market of Ukraine and its Potential – A Brief Introduction Ukraine is highly depending on the import of fossil-fuel energy reserves like, oil, gas and coal. The National Renewable Energy Action Plan until 2020 and further measures until 2030 focus on diversifying the country’s energy mix and strengthening local production of renewable energies, […]

The economic sanctions imposed on Iran, damaged the country’s high-tech sector in primarily two ways. In relation to the supply chain, purchase of required components was difficult for manufacturers. Consequently, they had to pay higher amounts with longer production process time which eventually resulted in higher production costs. On the sales end, the sanctions caused […]

Shanda Consult offers assistance in refunding of increased withholding tax, which has been withheld by Indian Tax Authorities related to the NJA status of Cyprus between 01/11/2013 and 31/03/2017. On 1st November 2013, the Indian Government notified Cyprus as a so-called “Notified Jurisdictional Area” (“NJA”), which is a term quite similar to “non-cooperative country”. The […]