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  • Statutory Tax Rate 8
  • Surtax Based on Taxable Income 0
  • Surtax Based on Statutory Tax 0
  • Surtax Deductible from Taxable Income 0
  • Statutory Tax Deductable 0
  • Effective Tax Rate 8

Statutory Tax Rate

The standard corporate tax rate for resident companies is 8%. Small and medium-sized enterprises operated as sole proprietorships are assessed to corporate tax at the rate of 2%. A non-resident entity having a branch or a permanent establishment in Turkmenistan is subject to tax on income earned by such branch or PE in Turkmenistan at the rate of 20%.