DoubleTaxationTaxes on salary: Turkmenistan preliminary data
How much income tax and social contributions are paid on a salary in Turkmenistan, what a sole proprietor and a company pay, and which special regimes exist. Preliminary data.
Preliminary data: headline rates from official sources and bulletins of international organisations, without reliefs or special rules; being refined.
Calculation for a gross salary of €60,000 per year
| Gross salary | TMT 246,141 ≈ €60,000 |
|---|---|
| Income tax | TMT 24,614 ≈ €6,000 |
| Take-home pay | TMT 221,527 ≈ €54,000 |
| Employer contributions and payroll taxes | TMT 54,151 ≈ €13,200 |
| Employer's labour cost | TMT 300,292 ≈ €73,200 |
Only some of the country's direct taxes and levies are counted: income tax on wages and compulsory contributions. Not counted: property and real-estate taxes; taxes on dividends, interest and other investment income; inheritance and gift taxes; indirect taxes such as VAT, excise and customs duties.
Taxes for sole proprietors and companies
Tax and contributions on the profit for a year; expenses are 10% of revenue, the company pays its profit out to the owner. Reliefs and local taxes are not included.
| Annual revenue | €30,000 TMT 123,071 | €60,000 TMT 246,141 | €120,000 TMT 492,282 |
|---|---|---|---|
| Company | TMT 8,861 8.0 % | TMT 17,722 8.0 % | TMT 35,444 8.0 % |
| Sole proprietor · Simplified taxation of individual entrepreneurs' income — patent fee (Tax Code art. 200) | TMT 2,461 2.2 % | TMT 4,923 2.2 % | TMT 9,846 2.2 % |
Special tax regimes
There are no special regimes for individuals.
Tax residence
The tax residence check does not cover Turkmenistan yet.
Assumptions
- Calculated with the OECD Taxing Wages methodology: income tax including local taxes plus employee social security; single person without children, tax year 2026, ECB rate of 2 January 2026.
- Exchange rate: 1 EUR = 4.10235 TMT (UN Treasury — UN operational rates of exchange, 2025-12-31) ↗
Sources
- FAOLEX (UN FAO) — Tax Code of Turkmenistan (Russian text, amendments to 2019-2020; arts. 172, 188, 192, 200) (law text from a third-party publisher; no official copy found)
- US SSA — Social Security Programs Throughout the World: Asia and the Pacific, 2014 — Turkmenistan
- UN Treasury — UN operational rates of exchange (rate history per currency; January 2026 rate effective 31 Dec 2025)
Data checked: 2026-11-08. An indicative calculation for a typical case. Not tax advice.