Overview
| Field | Value |
|---|---|
| Region | Asia (West, South & Central) |
| ISO 3166-1 | TM / TKM |
| Registry | MFE Department of State Registration |
| Last updated | 2026-05-06 |
Identifiers
Collect two identifiers from each business customer in Turkmenistan and submit them as strings on the application body.| API field | Local name | Issuer |
|---|---|---|
businessInfo.taxId | Taxpayer Identification Number (TIN) — Salgyt Belgisi | State Tax Service |
businessInfo.businessEntityId | State Registration Number — Döwlet Bellige Alyş Belgisi | MFE Department of State Registration |
Sector regulators
CBT · FMS · MFE Insurance · State Concerns Turkmengas & Turkmennebit
Legal structures
| Local name | Abbreviation | Description |
|---|---|---|
| Jogapkärçiligi Çäklendirilen Jemgyýet (Limited Liability Company) | JÇJ | Quota-based company with separate legal personality; minimum charter capital TMT 5,000; one or more founders; most common foreign-investment and SME vehicle. Equivalent to a US LLC. |
| Açyk Görnüşli Paýdarlar Jemgyýeti (Open Joint-Stock Company) | AGPJ | Share-capital company whose shares may be publicly distributed; minimum capital TMT 10,000; governed by a Board of Directors and Director General. Equivalent to a US C-Corp (public). |
| Ýapyk Görnüşli Paýdarlar Jemgyýeti (Closed Joint-Stock Company) | ÝGPJ | Share-capital company with shares restricted to named members; maximum 50 shareholders; same minimum capital floor as the open JSC. Closest US equivalent: C-Corp (closely held). |
| Şahsy Telekeçi (Individual Entrepreneur / Sole Proprietor) | ŞT | Single natural person conducting business under their own name with unlimited personal liability; registered with the MFE Department of State Registration. Equivalent to a US Sole Proprietorship. |
| Daşary Ýurt Kompaniýasynyň Şahamçasy (Branch of Foreign Company) | — | Registered division of a foreign legal entity authorized to conduct commercial activities in Turkmenistan; registered through MFE and the Agency of Economic Risks Prevention; parent company bears full liability. Closest US equivalent: Branch/Rep Office. |
How documents combine
For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.| Evidence area | Documents needed |
|---|---|
| Legal Registration | State Registration Certificate |
| Constitutive Documents | Any one of: Charter · Ustav |
| Tax Registration | TIN Certificate |
| Ownership Records | All required: Shareholder list in Charter + Unified State Register Extract |
| Governance Records | Any one of: Director list in Registry Extract · Charter |
| Signing Authority | Board Resolution |
| Address | Any one of: Договор аренды · Квитанция за коммунальные услуги · Выписка с банковского счета |
Documents to collect
The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.| Document | Proves |
|---|---|
| State Registration Certificate (Döwlet Bellige Alyş Şahadatnamasy) | Legal Registration |
| Charter | Constitutive Documents, Governance Records |
| Ustav (Tertipnama) | Constitutive Documents |
| TIN Certificate (Salgyt Belgisi Şahadatnamasy) | Tax Registration |
| Shareholder list in Charter | Ownership Records |
| Unified State Register Extract | Ownership Records |
| Director list in Registry Extract | Governance Records |
| Board Resolution | Signing Authority |
| Договор аренды | Address |
| Квитанция за коммунальные услуги (≤90 дней) | Address |
| Выписка с банковского счета (≤90 дней) | Address |
| Sector-Specific License | Sector License issued by CBT (banking/FX), MFE Insurance License, Oil & Gas Sector License (oilgas.gov.tm) |
Collection notes
- Legal Registration: Issued by MFE Department of State Registration; online registration portal now available.
- Constitutive Documents: Two copies required in Turkmen and Russian; governs capital, shareholders, and governance.
- Tax Registration: 12-digit TIN issued by State Tax Service; separate from registration certificate.
- Sector-Specific License: Required for banking, insurance, securities, and hydrocarbon activities.
- Governance Records: Director (Direktor) named in charter and registry; JSCs also have Board of Directors (Direktorlar Geňeşi).
- Signing Authority: POA must be notarized; for branches, certified by Turkmenistan consulate or MFA.
- Address: Lease agreement (no time bound) OR utility bill OR bank statement dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.
Person roles
When you submit a person on the application body, set theirrole to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.
| Local role | Canonical API role | Description |
|---|---|---|
| Direktor / Baş Direktor (Director / Director General) | CONTROLLING_PERSON | Executive head with day-to-day authority; required in all entity types. |
| Direktorlar Geňeşiniň Agzasy (Board Member — JSC) | CONTROLLING_PERSON | Member of the Board of Directors in AGPJ/ÝGPJ; governance role. |
| Direktorlar Geňeşiniň Başlygy (Board Chairman — JSC) | CONTROLLING_PERSON | Chair of the Board; governance role, not operational. |
| Ynanç Hatynyň Eýesi (POA Holder / Branch Head) | LEGAL_REPRESENTATIVE | Authorized signatory under notarized power of attorney or branch charter. |
Additional fields
Country-specific fields you’ll need to collect during onboarding, beyond the document uploads.| Field | Applies to | Reason |
|---|---|---|
Nationality / Passport details | shareholder | MFE and branch-registration rules require passport biographical data for all named shareholders and directors in submitted documents. |
Notarization + MFA certification of foreign documents | founder | All foreign-origin constitutional documents must be notarized and certified by Turkmenistan consulate or MFA; no apostille available. |
Notes
- No apostille. Turkmenistan is not a party to the Hague Apostille Convention (confirmed via HCCH Status Table, 2026-05-06). All foreign public documents require full consular legalization through a Turkmenistan embassy/consulate or MFA certification — apostille is invalid.
- Branch registration takes 45–50 days through three separate authorities (MFE Tax Department, Agency of Economic Risks Prevention, and Commission of Economic Risks Prevention). Collect all foreign-investor documents in advance; faxed copies are rejected.