Turkmenistan - Due DiligenceTurkmenistan - Due Diligence
Due diligence is extremely difficult to carry out in Turkmenistan. Turkmenistan does not have company disclosure requirements and companies in most cases do not publish their annual financial statements. The government does not publish lists of businessmen or companies that are known to have violated tax, environmental, or other laws. The country does not have a professional business press that covers the market or provides company reports. Hiring a local professional may help with collecting some data and anecdotal information on the ground. Consulting other outlets, like the Economist Intelligence Unit, may also be helpful.