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Expand your global workforce in Turkmenistan flagTurkmenistan

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Turkmenistan

POPULATION

7,057,841

LANGUAGES

  1. Turkmen

COUNTRY CAPITAL

Ashgabat

CURRENCY

Manat (TMT)

Everything you need to hire in Turkmenistan.

EOR Overview Thumbnail

Employer of Record in Turkmenistan.

G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in Turkmenistan. Your candidate is hired via G-P’ Turkmenistan PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.

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10

Holidays per year

40 hours per week

Working hours per day or month

Payroll Overview Thumbnail

Payroll in Turkmenistan.

Turkmenistan is a Central Asian country with a population of over 5 million. While it borders the Caspian Sea, most of the country includes the Karakum Desert. Great for companies in the natural gas and cotton sectors, Turkmenistan has the fourth largest reserve of natural gas in the world, and it’s the ninth largest cotton-producing country.

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Hiring in Turkmenistan flagTurkmenistan.

Hiring and employment compliance are two of the trickiest tasks for any company. Even in your native country, you may have had trouble hiring the right employees, providing the necessary benefits, and meeting all the applicable laws. However, recruiting and hiring the right Turkmenistan employees will help your company succeed in a new country.

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Compensation & Benefits in Turkmenistan.

Every time employees search for a job, they’re most likely to look at two important factors first — compensation and benefits. Providing the right level of Turkmenistan compensation and benefits will help your company stand out from the competition and attract high-quality employees who will help your business grow. However, sourcing benefits and meeting Turkmenistan’s compensation laws can turn into a challenge.

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TMT 1,160.00 per month

Minimum wage per month

30 days

Annual vacation leave (min)

TMT 1,160.00 per month

Minimum wage per month

30 days

Annual vacation leave (min)

Turkmenistan Subsidiary.

All companies expanding to Turkmenistan need to have a subsidiary in the country or work with a global PEO. If you decide to set up your own Turkmenistan subsidiary, you’ll need to set aside months or even a year to incorporate. Plus, you’ll require significant increases in staff and resources to complete the Turkmenistan subsidiary setup process.

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Turkmenistan Subsidiary
Work Visas and Permits GuideAn illustrative card displaying information about work visas and permits, including visa types, requirements, and the application process.Work visas & permits inTurkmenistan

Turkmenistan Visas & Permits.

While Turkmenistan has not traditionally been considered an economic hot spot in Asia, recent economic growth makes it a promising location for international business. If you’re planning to outsource or expand your company’s operations to Turkmenistan, one of your first steps will most likely be putting together a talented team of employees to make the move with you. Before they can start working in Turkmenistan, though, you’ll need to make sure they have the necessary work permits and visas to do so legally.

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Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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