The Ministry of Finance and Economy of Turkmenistan has made important changes in the procedure of registration of lease agreements for state property. Now the procedure of registration of contracts, amendments to them and extension of terms became chargeable for all tenants, except for state institutions and enterprises.

According to the legal portal of Turkmenistan, the relevant changes are enshrined in the order of the Minister of Finance and Economy № 240-iş dated November 27, 2024. The document amends the current Procedure for registration of lease and gratuitous use (loan) agreements with state property, which was approved in January 2020.

The innovation is developed in accordance with Article 30 of the Law of Turkmenistan “On Legal Acts” and Article 38 of the Law “On Enterprises”.