Central & South Asia
Turkmenistan tax rates 2026
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
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.