At the “Turkmenistan – EU” business forum, Deputy Minister of Finance and Economy Babanyaz Yalakov presented the country’s investment climate. Foreign investors are offered a profit tax of 8%, or 2% if calculated based on revenue, according to Infoportal.

The fiscal system has remained stable for over 20 years: six basic taxes with fixed rates, a property tax of 1%, and a personal income tax of 10%. Agricultural enterprises are exempt from most taxes. A preferential profit tax rate applies to both private and foreign capital. State loans are provided at 5% per annum for up to 10 years; for agricultural producers, the rate is 1% per annum for up to 7 years.

Turkmenistan is establishing free economic zones along its borders with neighboring countries. The free trade zone with Uzbekistan has already increased trade turnover between the two countries. In 2025, the third phase of the Ashgabat–Turkmenabat highway is planned to open, strengthening transport links with Uzbekistan.

The Deputy Minister highlighted the country’s transit potential as a competitive advantage. Turkmenistan has seven international airports and participates in the East–West, North–South, and Azure corridors connecting Afghanistan and Turkey.

In terms of integration into the global trade system, work continues on joining the WTO and adapting national legislation to its standards. International assessments of the country are improving: in July 2025, Fitch confirmed Turkmenistan’s credit rating at “B-” with a positive outlook, and the World Bank included the republic in the Business Ready system for assessing the business climate.