- Brackets updated
migrated from the production database; research reasoning not recorded.
Top income tax
10.0%
Worldwide system
Corporate tax
8.0%
VAT
15.0%
standard rate
Tax residency
183 days
34 tax treaties
Turkmenistan tax profile
Data year: 2026
- Tax system
- Worldwide Residents are taxed on worldwide income; non-residents on Turkmenistan-source income. Standard personal income tax is a flat 10% on wages and on business income under the general regime; qualifying small and medium enterprises may pay 2% on gross income. Corporate profit tax is 8% for private resident legal entities; other legal entities (including many state-linked and foreign permanent establishments) pay 20%, with 50% rates for state banks and insurers and bespoke rates for hydrocarbon contractors. VAT is 15% on most taxable supplies (0% on certain exports and international transport). Mandatory employer pension contributions are 20% of wages.
- Top PIT rate
- 10.0%
- Corporate tax rate
- 8.0%
- VAT
- 15.0%
- Capital gains tax
- 10.0% There is no separate capital-gains schedule in the national tax tables; disposals and investment income are generally taxed as ordinary income (10% for individuals under the general PIT rules, or at corporate profit tax rates for businesses). Dividends are subject to a 15% tax on legal entities and 10% on individuals when distributed domestically.
- Social security (employee)
- --
- Social security (employer)
- 20.0%
- Dividend withholding
- 15.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 15.0%
- Treaty count
- 34
Income tax brackets
Corporate
Regime: small_business
| Bracket min | Bracket max | Rate |
|---|---|---|
| TMT 0 | and above | 8.0% |
| TMT 0 | and above | 2.0% |
Personal income
Regime: small_business
| Bracket min | Bracket max | Rate |
|---|---|---|
| TMT 0 | and above | 10.0% |
| TMT 0 | and above | 2.0% |
Tax residency
- Days threshold
- 183 days
- Residency rules
- An individual is a tax resident if present in Turkmenistan for at least 183 calendar days in the tax year; any day of actual presence counts except pure transit through the country.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- January 20
Sources
- State Tax Service of Turkmenistan (accessed Oct 9, 2026) Official tax authority portal (Tax Code and regulatory documents)
- Nexia — Doing business in Turkmenistan 2025 (accessed Oct 9, 2026) Appendix 1 tax schedule — PIT 10%, CIT 8%/20%, VAT 15%, WHT 15%, SME 2%, dividend tax, pension 20% employer
- Tax Code of Turkmenistan (English excerpt) (accessed Oct 9, 2026) Individual tax residency — 183 calendar days in the tax year
- GSL — Turkmenistan taxes (accessed Oct 9, 2026) Headline PIT, CIT, VAT and WHT cross-check
Change history
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migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.