🇹🇲 Turkmenistan Tax Guide - Income Tax, Corporate Tax & Special Regimes

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): Rate not recorded
Social security (employer): 20.0%
Dividend withholding: 15.0%
Interest withholding: 15.0%
Royalty withholding: 15.0%
Treaty count: 34

Corporate Regime: small_business

Corporate brackets
Bracket min	Bracket max	Rate	USD equivalent
TMT 0	and above	8.0%	$0 +
TMT 0	and above	2.0%	$0 +

Personal income Regime: small_business

Personal income brackets
Bracket min	Bracket max	Rate	USD equivalent
TMT 0	and above	10.0%	$0 +
TMT 0	and above	2.0%	$0 +

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

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

AL Albania Unique Permit for Digital Mobile Workers	$610/mo
EC Ecuador Digital Nomad Visa (Visa Nómada)	$1,446/mo
ME Montenegro Digital Nomad Residence Permit	$1,460/mo
MU Mauritius Premium Visa	$1,500/mo

GE Georgia Small Business Status (1% Tax)	1%
JE Jersey High Value Resident (HVR)	1%
UZ Uzbekistan IT Park Resident Status	1%
SO Somalia Presumptive Tax Regime (PTR)	1.5%