Fees and timelines

Fees

Turkmenistan company incorporation costs in Year 1 amount to US$15,600 and annual company costs in Year 2 and thereafter amount to US$0. The average fee per Turkmenistan engagement amounts to US$23,600, which includes Turkmenistan company incorporation, opening a local corporate bank account, and all government fees.

 Limited Liability Company (LLC)Public Limited Company (PLC)Branch OfficeRepresentative Office
Average Engagement costsUS$23,600US$25,600US$24,600US$23,650
Draft InvoiceTurkmenistan incorporation costTurkmenistan incorporation costTurkmenistan incorporation costTurkmenistan incorporation cost

Timelines

The average Turkmenistan company formation engagement period is 22 weeks.

turkmenistan business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Turkmenistan, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Grace Odhiambo, directly:
client relationship officer - Grace
Ministry of foreign affairs Ministry of Finance tdh - Turkmenistan news Chamber of Commerce Turkmenistan airlines central bank of Turkmenistan government website