Register Branch office in Turkmenistan
To open a bank account in Turkmenistan, only a passport if the individual is required. The application form must be filled out and submitted to the state authorities. Some institutes may require additional documents or details based on the person’s origin or type of business.
Setup a branch office
Receive our branch setup solution package to register your workplace in the country. The professionals assist in writing and managing your local workplace in Turkmenistan. The following is a list of additional services that our professionals can provide for your branch office:
- Opening a separate bank account,
- Submitting documents,
- Providing consultation,
- HR management,
- Police authorization,
- Tax and accountancy solutions.
Branch office registration conditions
Following and the branch workplace registration conditions in the country:
- The parent company define the scope of the division workplace operations,
- The parent company will be deemed responsible for the functions in the branch,
- The Police must approve the seal of the division firm,
- Vital documents must be submitted for registration.
Required documents
Documents required to register a branch firm are:
- Application form signed by the parent firm,
- Power of attorney,
- An authorized company official’s signature on a decision to open a branch,
- Two duplicates of the division’s constitution, one in Turkmen and one in Russian,
- Biographical details form for the director of the division,
- A document of the international investor’s charter that has been certified by a Consulate General,
- A copy of the global investor’s formal registration record,
- Financial records of the parent enterprise,
- Receipt of registration payments.
The documents, as mentioned earlier, are prepared, reviewed, and submitted to the authorities by our team of skilled scribes, translators, and subject matter specialists.
Benefits of Branch office in Turkmenistan
Following are the benefits you can enjoy by opening a branch office in the country:
- There are no constraints on the kind of operations that the branch office can engage in,
- The cost of establishing the company, such as workplace leases and personnel salaries, is lower,
- It simply takes one day to develop a corporate bank account,
- There are no capital restrictions for the Turkmen branch office.
Branch office solutions
Determine the parent firm’s liability for the branch office and obtain director approval with the help of business experts. Consultants assist in the design of the seal and securing Police approval. Finally, employees from our network can assist with the accounting and financial aspects of division workplace establishment.
Ready for the next step
Accelerate your business growth while we take care of everything else.