Turkmenistan ratifies agreements with South Korea, Austria on avoidance of double taxation
Bishkek (AKIpress) – The Parliament of Turkmenistan ratified the agreements with Austria and South Korea for the avoidance of double taxation to taxes on income and capital.
The ninth regular session of the Turkmen Majlis was held on August 19.
Austrian businesspeople implement a number of joint projects with Turkmenistan in the spheres of construction, tourism, trade, marketing and transportation services.
As for South Korean business, a number of the Asian companies operate in Turkmenistan, including LG International Corp. and Hyundai Engineering and Construction Co. which are engaged in a development project for Galkynysh gas field.