Can business in Turkmenistan change it’s legal entity type?
Indeed, it is possible for a business in Turkmenistan to alter its legal entity type. This process entails various steps such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the old entity, and informing stakeholders. The procedures involved may differ based on the existing and desired business structures and regulations. It is essential to seek professional guidance and ensure proper execution of all steps to prevent any major legal or financial consequences.