How to register a company in Turkmenistan (2026)

This checklist separates the verified Turkmenistan company and tax facts from the registry, fee, portal and foreign-owner questions that remain unresolved.

Company facts

Fact Published value
Legal formbusiness company; LLC-equivalent used in this fact sheet
Local formHojalyk jemgyýeti (ХО)
Minimum capital100 times the statutory basic amount for calculating taxes and fees (Law on Enterprises, article 29(4); effective 2026)
State feenot published — we could not confirm this at an official source on 2026
Registration time3 working days (Law on Enterprises, article 16; effective 2026)
Registry{'value': 'Unified State Register of Legal Entities', 'unit': 'registry', 'effective': '2026', 'source_url': 'https://mejlis.gov.tm/single-law/301?lang=tm', 'source_name': 'Law on Enterprises, article 15', 'tier': 'PRIMARY', 'quote': 'Ýuridik şahslaryň ýeke-täk döwlet sanawy', 'verified': True}
Portal{'value': None, 'unit': 'URL', 'effective': '2026', 'source_url': 'https://mejlis.gov.tm/single-law/301?lang=tm', 'source_name': 'Law on Enterprises', 'tier': 'PRIMARY', 'quote': '', 'verified': False, 'note': 'No current online registration portal URL was found.'}
Notary requirednot published — we could not confirm this at an official source on 2026
Foreign sole ownernot published — we could not confirm this at an official source on 2026
Corporate tax8 % of taxable profit for qualifying Turkmen resident legal entities (Tax Code, article 172(1); effective 2026)
VAT thresholdnot published — we could not confirm this at an official source on 2026

Step by step

  1. Confirm the company form, intended activity and any sector permission before preparing the filing.
  2. Prepare founder, charter, signature and foreign-document evidence according to the current authority instructions.
  3. Confirm capital, fee, timing, notary treatment, registry route and online portal because the opened sources do not publish all of them.
  4. Submit through the current official channel and retain the registration and tax evidence returned by the authority.
  5. Confirm corporate tax, VAT and dividend treatment separately because the VAT threshold is not published in the assigned record.
  6. Resolve both employer and employee pension treatment before making the first employment offer.

Taxes the new company will meet

The record publishes 8% corporate tax for the qualifying resident legal-entity case, 15% VAT and 15% dividends, while the VAT threshold and taxpayer-specific exceptions remain unpublished.

Employing your first person

Do not convert an employer-only pension result into net pay; confirm the ordinary employee pension rate, the basic-amount value and any professional-pension category before hiring.

Editor's note

The registration evidence states that The company page shows only the verified legal-form, capital and tax facts, while the opened material does not publish a current state fee, registration time, online portal, notary rule or sole-foreign-owner and director rule.

A foreign founder should confirm the exact activity, ownership evidence, registry route and current basic-amount value with the relevant authority before paying, filing or hiring; the payroll gap is not resolved by incorporation.

Sources used on this page

Frequently Asked Questions

Is the VAT threshold known?

No. The assigned primary material did not verify a current VAT turnover threshold for Turkmenistan, so the registration page leaves that row unpublished. The founder should confirm registration triggers, filing timing, exemptions and the applicable activity treatment directly with the current tax authority before invoicing.

Can Turkmenistan payroll be complete from this record?

No. The record verifies employer-side pension and several tax rules, but it does not verify the ordinary employee pension rate or the current monetary value of the basic-amount deduction. Without those inputs, employee deductions, income tax and net pay cannot be presented as a complete payroll result.

What should a foreign founder confirm next?

Confirm the exact activity, ownership and director rules, capital, state fee, timing, notary treatment, registry portal and VAT threshold with the current authority. The reviewed company-law and tax sources provide useful verified facts, but they do not establish that every unresolved filing or foreign-owner condition is unnecessary.

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