- 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%.