Turkmenistan

Turkmenistan, a country rich in natural resources and with a vibrant cultural heritage, is positioned in Central Asia bordered by Kazakhstan, Uzbekistan, Afghanistan, Iran, and the Caspian Sea. The nation’s economy, primarily driven by its vast reserves of natural gas and oil, is growing steadily. For businesses and investors looking to enter the Turkmen market, … Read more

If you’re considering expanding your business into Turkmenistan, understanding the nuances of the country’s corporate tax system is crucial. This article provides a comprehensive overview of corporate taxation in Turkmenistan and highlights essential information for businesses operating in this Central Asian nation. Turkmenistan, located in Central Asia and bordered by the Caspian Sea to the … Read more

The Central Asian nation of Turkmenistan, with its vast deserts, rich history, and unique culture, is often overlooked when discussing global financial markets. However, the country’s financial services sector, encompassing banking and non-banking institutions, is gradually evolving, driven by governmental reforms and a desire to integrate with the global economy. **The Banking Sector** The banking … Read more

Turkmenistan, a Central Asian nation known for its substantial natural resources, particularly natural gas, has been increasingly spotlighted by international investors over the past few decades. Despite the country’s potential as an investment hotspot, navigating the **regulatory environment** for foreign investors in Turkmenistan can be challenging due to its complex legal framework and bureaucratic procedures. … Read more

Turkmenistan, a Central Asian country bordered by the Caspian Sea, is a land of vast natural resources and strategic geographical significance. As the country continues to open its economy to foreign investment, numerous opportunities await discerning investors who are keen to explore its key sectors. Here, we delve into what makes Turkmenistan a compelling investment … Read more

Turkmenistan, a Central Asian nation rich in natural gas reserves and cultural heritage, has faced various hurdles in reforming and modernizing its criminal justice system. This article will delve into the complexities of Turkmenistan’s criminal justice system, examining the challenges it faces, the steps taken towards reform, and the broader context of governance and economic … Read more

In the heart of Central Asia, Turkmenistan, known for its vast deserts and rich cultural heritage, is witnessing a significant shift in its business landscape. Traditionally, Turkmen society has been patriarchal, but the 21st century has marked a pivotal era of transformation. Women in Turkmenistan are increasingly stepping into the entrepreneurial arena, carving out influential … Read more

Turkmenistan, a Central Asian nation known for its vast natural gas reserves and ancient history, has witnessed significant infrastructure development over the past few decades. This article delves into the impact of these advancements on the country’s economy, society, and overall development trajectory. **Economic Growth and Diversification** Turkmenistan’s economy has been predominantly driven by its … Read more

Turkmenistan, a Central Asian nation known for its vast natural gas reserves and strategic location along the Silk Road, has been experiencing significant economic transformation. Central to this growth is the enhanced focus on **Public-Private Partnerships (PPPs)**, which are emerging as a pivotal tool for sustainable development in the country. ### The Economic Backbone of … Read more

Accounting in Turkmenistan plays a crucial role in a country known for its significant natural gas reserves and a centralized economy. As Turkmenistan continues to develop, the accounting profession faces unique challenges and opportunities influenced by its socio-economic structure, regulatory environment, and international relationships. Economic Background Turkmenistan, located in Central Asia, is bordered by the … Read more