Tm Corporate Income Tax

---
name: tm-corporate-income-tax
description: "Source-cited draft: corporate income tax for Turkmenistan (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review."
license: "AGPL-3.0-or-later (code) / OpenAccountants Guide License v1.0 (content)"
metadata:
  source: openaccountants
  openaccountants_url: "https://www.openaccountants.com/skills/tm-corporate-income-tax"
  jurisdiction: "TM"
  tax_year: "2025"
  last_updated: "2026-07-13"
---

# Turkmenistan Corporate Income Tax

## Corporate profits tax rates and base

- **Corporate profits tax — ordinary Turkmen legal entities** — 8 percent  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Corporate profits tax — small/medium enterprises** — 2 percent (approx — confirm eligibility)  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Corporate profits tax — state-owned (>50% state ownership)** — 20 percent  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Corporate profits tax — foreign legal entities and branches** — 20 percent  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Petroleum / hydrocarbon operations** — Subject to a special elevated profits tax regime under petroleum-law contracts (rate substantially higher than the standard CIT) (approx — confirm rate per contract)  _(Law of Turkmenistan on Hydrocarbon Resources)_
- **Tax base** — Gross income less deductible business expenses (accounting profit adjusted under the Tax Code)  _(Tax Code of Turkmenistan)_
- **Withholding tax — dividends** — 15 percent (treaty rates may reduce)  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Withholding tax — interest** — 15 percent (treaty rates may reduce)  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Withholding tax — royalties** — 15 percent (treaty rates may reduce)  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Withholding tax — ship and aircraft lease income** — 6 percent  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Property (real estate) tax on entities** — 1% of the average annual net book value of immovable property percent (approx — confirm)  _(Tax Code of Turkmenistan (https://gsl.org/en/taxes/turkmenistan/))_
- **Annual corporate tax return deadline** — Generally by 31 March following the tax year (approx — confirm)  _(Tax Code of Turkmenistan)_
- **Advance / interim payments** — Profits tax is generally paid in periodic (monthly or quarterly) advance instalments during the year, with a final reconciliation on filing (approx — confirm frequency)  _(Tax Code of Turkmenistan)_

## Today's figures and who stands behind this skill

This file is an AI skill (tax rules your AI follows) from OpenAccountants, copied on 2026-07-13. Rates, thresholds and deadlines change. For the current version of this skill, its official sources and the named accountant (if any) who stands behind it, call `get_skill` with slug `tm-corporate-income-tax` on the OpenAccountants connector (https://www.openaccountants.com/connect), or read https://www.openaccountants.com/skills/tm-corporate-income-tax. If neither is available, confirm every figure against the official source pages cited above before relying on it.