Restructuring & Market Exit
Reorganisation, relocation, sale and orderly liquidation of companies, branches and representative offices in Turkmenistan.
Changing or closing a business in Turkmenistan involves more authorities and more sequencing than most foreign groups expect. We plan the steps, prepare the documents and deal with the registration, tax and social-insurance bodies until the process is complete.
We advise on changes of structure or registered address, transfers of assets and contracts, preparation for sale or buyout, and voluntary liquidation of companies, branches and representative offices of foreign companies, including settlement with employees and creditors.
Typical matters
- Voluntary liquidation of companies, branches and representative offices
- Change of legal form, address or ownership structure
- Transfer of assets, contracts and staff
- Preparing a business for sale or buyout
- Clearance with tax and social-insurance authorities
- Settlement with creditors and employees