Company formation & entity choice for Turkmenistan (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
Turkmenistan · tax year 2025 · changed 25 Jun 2026
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Limited Liability Company (LLC)
Most common vehicle for trading, services and local operations; liability limited to capital contributionsCivil Code of Turkmenistan / Law on Enterprises — https://www.healyconsultants.com/turkmenistan-company-registration/setup-llc/
Joint-stock company (open/closed)
Used for larger capital-raising or share offeringsLaw of Turkmenistan on Joint-Stock Companies
Branch / representative office
Liaison, marketing or operation under a foreign parent; not a separate legal entityCivil Code of Turkmenistan
Minimum shareholders (LLC)
At least 2 shareholders (individuals or corporate entities) ((approx — confirm; single-member may be permitted))Law on Enterprises of Turkmenistan — https://chandrawatpartners.com/llc-incorporation-in-turkmenistan-a-practical-professional-overview-for-investors-across-the-world/
Minimum directors (LLC)
At least 1 director; need not be a Turkmenistan national or residentLaw on Enterprises of Turkmenistan — https://chandrawatpartners.com/llc-incorporation-in-turkmenistan-a-practical-professional-overview-for-investors-across-the-world/
Minimum share capital (LLC)
Varies by source and sector; commonly cited around 5,000 TMT, with substantially higher minimums (e.g. USD 20,000) reported for foreign-invested entities ((approx — confirm against current rules))Law on Enterprises of Turkmenistan — https://www.healyconsultants.com/turkmenistan-company-registration/setup-llc/
Capital payment schedule
Half of share capital paid up initially, balance within one year of registration ((approx — confirm))Law on Enterprises of Turkmenistan — https://chandrawatpartners.com/llc-incorporation-in-turkmenistan-a-practical-professional-overview-for-investors-across-the-world/
Incorporation step 1
Reserve a company name with the Ministry of Finance and EconomyMinistry of Finance and Economy of Turkmenistan
Foreign investors in Turkmenistan most commonly use a Limited Liability Company (LLC), a joint-stock company, or a branch/representative office. Registration runs through the Ministry of Finance and Economy and the State Tax Service.
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