What are the types of companies in Turkmenistan?

There are various types of companies in Turkmenistan. These are:

1. Joint Stock Company (A.Ş.): It is a type of company that can be established by at least 2 partners and whose capital is divided into shares. Partners have limited liability and are only responsible for the company's debts up to the extent of their capital.

2. Limited Company (Ltd.): It is a type of company that can be established by at least 2 partners and whose capital is divided into shares. Partners have limited liability and are only responsible for the company's debts up to the extent of their capital.

3. General Partnership: It is a type of company established by at least 2 partners and the partners have unlimited liability. Partners are personally liable for the company's debts.

4. Limited Partnership: It is a type of company established by at least 2 partners and at least one limited partner has unlimited liability. Other partners have limited liability.

5. Cooperative: It is a type of company in which partners unite for a common purpose and engage in economic activities. Partners have the right to participate in decisions and share in profits. Each of these company types offers different advantages and disadvantages. In particular, factors such as the amount of capital, level of responsibility and management structure play an important role in choosing the type of company.



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