Grow Your Workforce in Turkmenistan

Income Tax in Turkmenistan

Turkmenistan has a flat income tax rate of 10%.

Social Security in Turkmenistan

Employer Contributions

• Employers are required to contribute approximately 20% of the total remuneration of each employee.
• This contribution covers various social benefits, including retirement, disability, and survivor's benefits.
• Employers may also need to contribute an extra 3.5% for professional pension insurance if employees work under hazardous conditions.

Employee Contributions

• Employees do not have mandatory contributions towards the main social security benefits.
• However, they may choose to pay up to 2% of their salaries for additional pension insurance if desired.

Work Visas in Turkmenistan

Work Permit

• When hiring foreign workers in Turkmenistan, employers must prioritize local citizens.
• Only 10% of the workforce can be foreign nationals.
• The work permit can be granted for up to one year and renewed for another year.
• The employer must apply to the State Migration Service, which processes the application within 30 days (or up to 45 days if needed).