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Last updated: August 7, 2026
Employment Cost Calculator for Turkmenistan
Calculate your complete hiring costs for Turkmenistan employees, including payroll taxes, social security contributions, employee benefits, and management fees. This salary calculator provides accurate employer cost estimates for informed hiring decisions.
Calculate Employment Costs
Employment Cost Breakdown
Select a country and enter a salary to see the employment cost breakdown
Employer Tax Contributions
| Tax Type | Rate | Base |
|---|---|---|
| Pension Insurance Fund | 20% | Local gross payroll |
| Individual Income Tax (withholding) | 10% | Employee's gross salary/taxable income |
| Corporate Profit Tax (Resident non-governmental entities) | 8% | Net profit |
| Value Added Tax (VAT) | 15% | Value of products, works, and services |
Filing & Compliance
- Employers must withhold and remit individual income tax, city maintenance fees, and voluntary pension and medical insurance contributions.
- Monthly reports for payroll, withheld Personal Income Tax, and employer social insurance contributions are generally required by the 20th day of the following month.
- Annual tax declarations summarizing payroll, withholdings, and contributions are typically due by March 31st of the following year.
Income Tax Brackets
| Income Range | Tax Rate |
|---|---|
| All income | 10% |
Employee Contributions
| Deduction Type | Rate | Cap |
|---|---|---|
| Social security (voluntary pension insurance) | Up to 2% | N/A |
Personal Allowances
- Minimum salary deduction (TMT 50 per month per taxpayer and each dependent).
- Voluntary pension fund contributions.
- Medical insurance contributions.
Written by
Lucas Botzen
Lucas Botzen is the Founder of Rivermate, a global employment platform that helps companies hire, employ, and manage talent internationally. Since founding Rivermate in December 2020, he has focused on building practical solutions that simplify international payroll, benefits, taxes, contracts, and employment compliance for remote teams. Before Rivermate, Lucas co-founded and co-directed Boloo, an e-learning and software company that helped entrepreneurs start and grow e-commerce businesses. He scaled Boloo to more than €2 million in annual revenue before successfully exiting the business in 2020. Lucas holds a Bachelor’s degree in Business Innovation from Avans University of Applied Sciences. His background in entrepreneurship, technology, automation, and remote work continues to shape his approach to making global employment simpler and more human.
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