Turkmenistan is a state in Central Asia. The form of government is the presidential republic. The head of state is the president. Currency is manat. The official language is Turkmen. Turkmenistan is a member of the UN, the CIS (associate member) and other international organizations.
Although the nominally largest contribution to Turkmenistan’s GDP is made by the services sector, the leading role in the economies of the countries is played by the extraction and export of natural gas (4th place in terms of reserves in the world). In addition, Turkmenistan is among the ten largest producers of cotton on the planet. The main foreign economic partners of Turkmenistan are China, Russia, Turkey.
According to media reports, the total number of business entities in Turkmenistan reaches 300 thousand, but most of them were created without a legal entity.
Turkmenistan is not considered offshore and is not included in the “black lists” of the EU and the OECD. However, experts often call Turkmenistan one of the most “closed” countries in the world.
The legal system of Turkmenistan is developing under the influence of the Romano-Germanic law system with local characteristics.
The activities of commercial companies in Turkmenistan are regulated by the Civil Code, the Law of Turkmenistan "On Enterprises" and other regulatory documents.
Main types of businesses in Turkmenistan
- State-owned enterprises
- Corporation sole
- Daikhang farms
- Subsidiary undertaking
- Enterprises of public organizations
- Consumer Cooperation Enterprises
- Business entity
- Joint Stock Companies
- Closed Joint-Stock Companies
- Cooperative enterprises
- Limited Partnerships
- Associations of legal entities
- Daikhang associations
- Cooperative societies
State registration of enterprises and entering information on them into the Unified State Commercial Register in Turkmenistan is carried out by the Office for State Commercial Registration and Investment Projects. The department was part of the Ministry of Economy and Development of Turkmenistan, which was liquidated at the end of 2017 and transferred its functions to the Ministry of Economy and Finance.
The procedure for registering an enterprise in Turkmenistan can take several months. It must also be registered with tax authorities, statistics agencies, etc.
The Chamber of Commerce and Industry of Turkmenistan maintains its commercial register.
NB: an extract from the commercial register of Turkmenistan can be obtained only by the company itself. Information is not available to third parties.
Extract from commercial register of Thailand contains the following information:
- Full legal name
- Registration date
- Registration number
- Type of business
- Share capital
- Current status (active/inactive)
- Tax number
- Legal address
- Contact details
- Main activity
- Director and proprietors
- Additional data
NB: Information about some companies may be unavailable, or available for a fee.
Search in the register is not free of charge. Search results are sent to you within 5-12 days after request submission.
To get a required document, we will need the following information about a company:
- Full legal name
- Registration number
Legalization of extracts from Turkmenistan
Turkmenistan did not accede to The Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents in 1966. Therefore, all Turkmenian documents are subject to legalization.
An extract from the business register of Turkmenistan can be used in order to:
- Obtain detailed information about potential business partners
- Negotiate foreign trade agreements
- File legal claims
You can order free preliminary availability check of required information on our website.
|Service||Price incl. German VAT 19%||Price excl. VAT|
|Price for an Electronic Extract from Turkmenistan||from 119,00 €||from 100,00 €|
|Price for the translation of an Extract from Turkmenistan||from 41,65€||from 35,00€|
|Price for an Extract with Legalization without international shipping||from 714,00 €||from 600,00 €|