Bahrain vs Turkmenistan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ญ Bahrain โ Municipal Fees & Levies
Bahrain has no income tax on individuals and no corporate income tax for most businesses outside the oil sector. Municipalities collect fees for commercial registrations and services. Bahrain introduced VAT at 5% in 2019, raised to 10% in 2022. Social insurance is administered by the Social Insurance Organization (SIO). Bahrain's Economic Vision 2030 aims to diversify from oil. The country is a regional financial hub and attracts holding companies due to its zero-tax environment for most activities.
๐น๐ฒ Turkmenistan โ Velayat & Etrap Administrations
Turkmenistan's 5 velayats (provinces) and Ashgabat city have highly centralized administration under an authoritarian state. Turkmenistan has among the world's largest natural gas reserves, exporting most to China. The economy is heavily state-controlled with limited private sector. Citizens historically received free gas, electricity, water, and subsidized food (subsidies now being reformed). International transparency is very limited, making reliable tax data difficult to obtain from this closed state.
Bahrain vs Turkmenistan: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ฒ Turkmenistan has a higher top income tax rate (0% vs 10%). ๐ง๐ญ Bahrain is more favourable for high earners.
๐ VAT/Sales Tax: Turkmenistan has a higher consumption tax (10% vs 15%).
๐ข Corporate Tax: ๐ง๐ญ Bahrain offers a lower corporate rate (0% vs 20%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ญ Bahrain taxes investment gains at a lower rate (0% vs 10%), benefiting investors.