Incoterms 2020 Trade Regulations
Incoterms 2020 consist of 11 three-letter trading terms. The rules are classified according to the fees, risk, responsibility for formalities, as well as issues related...
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Explanation
Basics of Incoterms
The Incoterms are a set of 11 individual rules which define the responsibilities of sellers and buyers for the sale of goods in international transactions.
The...
Concept of Trust Property in Turkmenistan
Article 14 of the Civil Code of Turkmenistan provides for the elimination of possible barriers to doing business in various fields, the management of movable...
Electronic Documents’ Transfer and Electronic Signature’s Legal Status in Turkmenistan
Electronic documents are transferred by means of established or direct communication between the electronic information system of the signatory (an intermediary authorized by the signatory...
New Law on Electronic Document Enters Into Force in Turkmenistan
Law on Electronic Document, Electronic Document Management and Digital Services and its legal significance
The law consists of 58 articles and defines the legal status of...
Concept of Free Economic Zones in Turkmenistan
A free economic zone is a specially designated territory with clearly defined administrative boundaries, within which a special legal regime is established for participants in...
Legal Regime of Foreign Investors and Enterprises With Foreign Investments
Foreign investors, enterprises with foreign investments are provided in the form of a legal national regime that the activities of foreign investors, enterprises with foreign...
Legal Value of Investments of Foreign Capital in Turkmenistan
The law of Turkmenistan “On Foreign Investments” defines the legal framework for the activities of foreign investors, an enterprise with foreign investment in Turkmenistan and...
Concept of Electronic Payment Document in Turkmenistan
Electronic payment document is a document that meets the requirements of the Law of Turkmenistan “On Electronic Document” and is the basis for transactions on...
Electronic Digital Signature and Its Usage in Turkmenistan
An electronic digital signature is an analogue of a handwritten signature in the form of a set of characters (a sequence of numbers) recognized as...
