TurkmenistanKey facts
- Region
- Central Asia
- Corporate tax
- 8%
- VAT
- 15%
- Currency
- TMT
- Time zone
- TMT
- Language
- Turkmen
- Avg. engagement cost (year 1)
- $13,950
Key advantages
- 8% corporate tax.
- Awaza tourism zone open to foreigners.
- Local market access.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| CJSC | Closed Joint-Stock Company | 8% | 15% | TMT 1.000 | 3–6 weeks | Local trade, regional access |
Frequently asked questions
Configure your company formation
Get a binding quote and pay securely online. All prices in EUR.
2
3
4
5
6
Company type· Turkmenistan
Get advice on starting up in Turkmenistan
Klaus Garde Nielsen advises on jurisdiction choice, structure and practical setup.
Contact Klaus Garde Nielsen