> ## Documentation Index
> Fetch the complete documentation index at: https://v2.docs.conduit.financial/llms.txt
> Use this file to discover all available pages before exploring further.

# Turkmenistan

> How to collect KYB documents from business customers in Turkmenistan (TKM) when onboarding through the Conduit API.

## 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 |

*Tax ID:* 12 digits; assigned within 3 days of registration application; verified via State Tax Service database.

*Registration number:* Assigned on the State Registration Certificate; number format not publicly standardized.

## 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 | Charter                                                                                       |
| 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                                                                 |
| **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) |

**Not applicable in Turkmenistan:** Operating Permit, Good Standing. Skip these areas — no local artifact exists.

### 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 their `role` 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.