Central & South Asia
Turkmenistan: tax at a glance
A flat 10% personal rate and a two-tier corporate system that taxes foreign-participation entities more heavily. The jurisdiction is highly closed, currency is not freely convertible, and published data is limited.
Worldwide (residence-based)
Last verified Some figures indicative
The taxes
- Personal income (top)
- 10%A flat 10% rate applies to personal income.
- Corporate income
- 20%
- Capital gains
- Taxed as ordinary income. There is no separate capital gains regime.
- VAT
- 15%
- Dividends (WHT)
- 15%
- Interest (WHT)
- 15%
- Royalties (WHT)
- 15%
- Social security (employee)
- 2%
- Social security (employer)
- 20%
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- A property tax applies to legal entities on the value of fixed assets.
- Other
- Domestic legal entities are taxed at 8%, while entities with foreign participation and foreign branches are taxed at 20%.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Not participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.