Chambers Review
Provided by Chambers
General Business Law - Turkmenistan
What the Team is Known For
GRATA Turkmenistan is best known for its expertise across banking and finance, corporate and M&A, oil and gas, dispute resolution and tax. The firm regularly advises multinational corporations and financial institutions on market entry, licensing, regulatory compliance, and cross-border transactions, including fintech, energy infrastructure, and logistics. With deep knowledge of Turkmenistan’s evolving legal landscape, GRATA provides strategic support in areas such as double tax treaty exemptions, permanent establishment risk, and enforcement of foreign arbitral awards. The team is particularly recognised for navigating complex regulatory frameworks and delivering practical solutions in high-stakes matters involving international stakeholders and government authorities.
Strengths
GRATA are excellent, the mindset is very cross-border.
Work Highlights
GRATA Turkmenistan advised Latham & Watkins on launching cross-border payment processing services in Turkmenistan, providing full regulatory and transactional support to navigate licensing, AML, data protection and financial compliance.
Notable practitioners
Ikbal Said Alauddin is widely recognised for his cross-border expertise in banking and finance, corporate/M&A and dispute resolution. He has expertise in advising multinational corporations and financial institutions on complex regulatory and transactional matters.