Tajikistan Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in tajikistan, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Market Challenges
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Tajikistan’s market is much smaller than those of its neighbors Uzbekistan and Kazakhstan. The country’s transport infrastructure still requires significant investment into railroads, airports, and tunnels. While Tajikistan is a member of the Belt and Road Initiative, most trade routes originating in China bypass Tajikistan. 

Laws and regulations governing standards, payments, taxation, and customs are poorly understood by inspectors, regulators, and jurists, leading to conflicting implementation guidance. This uncertainty leads to an unpredictable business environment; businesses seeking to operate in Tajikistan usually consult with legal firms that specialize in advising foreign businesses in the local market.

Taxation is equally opaque, despite a new 2022 Tax Code which was originally designed and announced as a business and investment stimulation initiative. Companies often describe the taxation inspection regime as arbitrary.

In several sectors, political connections are necessary to operate, notably within the banking, construction, and procurement sectors. Tajikistan ranked 164 out of 180 countries in Transparency International’s Corruption Perceptions Index for 2024. 

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