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ACT. Ashgabat Consulting Team (ACT) Turkmenistan. FOURTH CIS LOCAL COUNSEL FORUM JUNE 24-26, 2009 OPERA HOTEL KIEV. ACT. General information on the country of the local counsel (Turkmenistan). Location: planet Earth Territory: similar to that of Sweden

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ashgabat consulting team act turkmenistan

ACT

Ashgabat Consulting Team(ACT) Turkmenistan

FOURTH CIS LOCAL COUNSEL FORUMJUNE 24-26, 2009OPERA HOTEL KIEV

general information on the country of the local counsel turkmenistan

ACT

General information on the country of the local counsel (Turkmenistan)

Location: planet Earth

Territory: similar to that of Sweden

Population: At least.. can be more… Never counted ourselves.

Resources: natural gas and oil. Enough to buy all the rest!!!

business climate

ACT

Business climate

Very favorable for investments!

investment climate

ACT

Investment climate

Very conducive to business!

major legislative developments

ACT

Major Legislative Developments

A number of important legislative acts have been adopted since last year, NAMELY:

major legislative developments6
Major Legislative Developments

New edition of Law “On Licensing Certain Types of Activities”

(Licensing Law)

major legislative developments7
Major Legislative Developments

New edition of Law

“On Hydrocarbon Resources”

(entered into force

on 20 August 2008)

major legislative developments8
Law on Inventions

and Industrial Patterns

(replaced 1993 Patent Law)

Major Legislative Developments
major legislative developments9
Major Legislative Developments

Turkmenistan Merchant Shipping Code

(entered into force on 1 January 2009)

major legislative developments10
Major Legislative Developments

New Labor Code of Turkmenistan

(will enter into force on 1 July 2009)

major legislative developments11
Major Legislative Developments

New Criminal Proceeding

Code of Turkmenistan

(will enter into force on 1

July 2009)

slide12

we are here!!!

And here!!!

ACT Group

Ashgabat Consulting Team

ashgabat consulting team act
Ashgabat Consulting Team (ACT)

World economic crisis tries to hit ACT…

ashgabat consulting team act14

ACT

Ashgabat Consulting Team (ACT)

As a result we get stronger and expand into:

ACT Group

slide16

ACT

Thanks for your patience!

ANY QUESTIONS???

online information resources

ACT

Online information resources

www.actltd.ru (the coolest website of Turkmenistan!!!)

www.turkmenistan.gov.tm (Official Governmental website)

www.oilandgas.gov.tm (Ministry of Oil and Gas)

www.exchange.gov.tm (Raw Materials &Commodity Exchange)

www.cci.gove.tm (Chamber of Commerce and Industry)

www.customs.gov.tm (State Customs service)

www.tax.gov.tm (State Tax service)

www.tmpatent.org (Patent Agency of Turkmenistan)

http://turkmenistan.usembassy.gov (US embassy in Turkmenistan)

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