Turkmenistan
Remote's Turkmenistan employment guide will guide you through your compliance responsibilities. Note that Remote's employer of record services are not yet live in Turkmenistan. but you can pay contractors with Remote now.
- Capital City
Ashgabat
- Currency
Turkmenistan manat (m., TMT)
- Languages
Turkmen
- Population size
6,031,187
Facts & Stats
- Capital City
Ashgabat
- Currency
Turkmenistan manat (m., TMT)
- Languages
Turkmen
- Population size
6,031,187
- Ease of doing business
N/A
- Cost of living index
N/A
- Payroll frequency
N/A
- VAT - standard rate
15%
- GDP - real growth rate
6.2 (2018)
Grow your team in Turkmenistan with Remote
You can pay contractors now in Turkmenistan with Remote in some currencies (talk to a Remote expert now for more details).
Note that we are busy developing our EOR product to legally operate in Turkmenistan and provide you with the best possible experience for your team, but we are not yet ready to employ in Turkmenistan.
Companies hiring in Turkmenistan are typically required to either own a legal entity in the country or work with a global employment solutions provider to employ on the company's behalf. Developing the processes required to manage payroll, benefits, taxes, and onboarding in countries like Turkmenistan can get complicated fast, especially without localized expertise. If you’re looking to start hiring in a country like this, using a global HR platform like Remote makes it easy to hire workers in full compliance with all local legislation. In the countries where we do offer our Employer of Record product, Remote takes on responsibility for compliance so you can focus on hiring great talent and growing your business.
Risks of misclassification
Turkmenistan, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Turkmenistan may lead to fines and penalties for the offending company.
Effortless HR Turkmenistan: Take the Tour
Competitive benefits package in Turkmenistan
At Remote, we’re passionate about helping you craft the best possible employee experience for your team. We are leading the way in developing globally competitive benefits programs. This means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive, and that your company has the localized expertise needed to attract and keep the best global talent.
Although we don't yet have our own legal entity in Turkmenistan, our benefits packages for all countries are tailored to fulfill the local needs of employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Fair Pricing in Turkmenistan
Contractor Management
Compliantly onboard and pay contractors
$29
per contractor/month
Top features
Only pay for contractors you actively work with
Work with contractors in 200+ countries and territories
Create, edit, and sign tailored, localized contracts
Approve contractor invoices with one click or auto-pay
Transparent payments with complete visibility
Payroll
Consolidate your multi-country payroll
$29
per employee/month
Top features
Support: Personalized assistance with a dedicated team and specialists
Accuracy: Test runs and parallel pay runs before implementation
Compliance: Adhere to local labor laws in every country
Timeliness: Accurate and on-time payroll with labor authority reporting handled
Experience: Seamless payroll with easy access to payslips and expenses
Top features
Guided onboarding and offboarding
Employee profile and document management
Time and attendance (time off and tracking)
Expense management and reimbursement
Employee self-serve on the platform and mobile app