The ISO code of Tajikistan is TJ according to the ISO 3166 standard. The local name of the country is Jumhurii Tojikiston. Tajikistan capital city is Dushanbe. People in Tajikistan speak the Tajiki, Persian, and Russian languages. On 9 September 1991, Tajikistan emerged as a sovereign political entity. In the year 09/09/1991, Tajikistan emerged as a sovereign political entity. The largest city in Tajikistan is Dushanbe.
Tajikistan is located in the UTC +05:00 time zone, which is also called Tajikistan Time or TJT. The internet country code top-level domain (ccTLD) for Tajikistan is .tj. The International dialing code for Tajikistan is 992. People in Tajikistan drive on the right side of the road. Total land area of Tajikistan is 144,100 km² (approx. 55,637 mi²). Tajikistan is a landlocked country.
Tajikistan is located in Asia. Tajikistan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently Tajikistan faces various issues, including inadequate sanitation facilities, increasing levels of soil salinity, industrial pollution, excessive pesticides.
Doing business in Tajikistan
We offer various corporate services in Tajikistan jurisdiction. These services can serve both, people coming from Tajikistan and foreigners. If you plan on doing business in Tajikistan you might be interested in contacting us.
To find out about starting your business in Tajikistan click on company formation in Tajikistan.
To find out how to open a bank account in Tajikistan and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Tajikistan.
Choose preferred service below or continue reading to find out more about Tajikistan.
Demographics of Tajikistan
The total population of Tajikistan is 9,107,211 people. In Tajikistan, the population density is 57 people per square kilometer (148 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is rather diverse according to a fractionalization scale which for Tajikistan is 0.5107. Tajikistan has approximately 275735 foreign immigrants. The median age is approximately 23.5 years. In Tajikistan, 14.51 in every 100 people use internet. Tajikistan has a Human Development Index (HDI) of 0.607.
The majority religion of Tajikistan is Islam, Tajikistan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Tajikistan.
Culture of Tajikistan
People in Tajikistan speak the Tajiki, Persian, and Russian languages. According to data on inbound tourists in Tajikistan, 208,000 tourists arrive in the country each year. One of the most popular national dishes of Tajikistan is o'sh. To read more click on culture of Tajikistan.
Geography of Tajikistan
Tajikistan is considered to be a large nation because of its total area. Its total land area is 144,100 km² (approx. 55,637 mi²). Tajikistan is located in Asia. Its capital city is Dushanbe. Tajikistan has 4 neighbouring countries. Its neighbours include Afghanistan, People's Republic of China, Kyrgyzstan, and Uzbekistan. Total length of land borders of Tajikistan is 4130 kilometers (~1,595 miles).
The highest point of Tajikistan is Ismoil Somoni Peak, with its official height being 7495 m (24,591 ft). Including land mass and EEZ, the total area of Tajikistan is approximately 144,100 km² (~55,637 mi²). The most notable natural resources found in Tajikistan are hydropower, some petroleum, uranium, mercury, brown coal, lead, zinc, antimony, tungsten, silver, gold.To read more click on geography of Tajikistan.
Economy of Tajikistan
The currency of the country is Tajikistani somoni. The symbol used for this currency is ЅМ, and it is abbreviated as TJS. 10.3% of population in the country are unemployed. The total number of unemployed people in Tajikistan is 938,043. Each year, Tajikistan exports around $1.16 billion and imports roughly $4.12 billion. The Gini Index of the country is 32.6. Tajikistan has a Human Development Index (HDI) of 0.607.The Global Peace Index (GPI) for Tajikistan is 2.152. Tajikistan has a government debt of 6.5% of the country's Gross Domestic Product (GDP), as assessed in 2010. Tajikistan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are aluminum, cement, vegetable oil.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Tajikistan is $22,402 billion. Each year, consumers spend around $5,254 million. The ratio of consumer spending to GDP in Tajikistan is 0%, and the ratio of consumer spending to the world consumer market is 0.0152. The corporate tax in Tajikistan is set at 15%. Personal income tax ranges from 8% to 25%, depending on your specific situation and income level. VAT in Tajikistan is 18%. In 2013, Tajikistan received 393.9 million USD in foreign aid.In 2014, the foreign aid amounted to 347.5 USD.To read more click on economy of Tajikistan.
Infrastructure of Tajikistan
Infrastructure quality in Tajikistan is rated to be at 2.36. It indicates a mediocre quality - roads, railroad, ports and other facilities are able to handle somewhat significant traffic, but not enough to ensure smooth transit at all times.
In Tajikistan, 100% of the population has access to electricity. There are 6,258 internet hosts in Tajikistan. Tajikistan has 24 airports nationwide.
The logistics performance index of Tajikistan is 2.53. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.
Tracking possibilities for shipments are rated at 2.47. It indicates a mediocre performance - the tracking systems provide some degree of information which usually includes the most necessary topics, such as the current location of a shipment, the dates of arrival and departure and the status of a shipment; still, more detailed information about the status and multi-language accessibility options are usually lacking.
The number of road motor vehicles per 1000 inhabitants in Tajikistan is 7. To read more click on infrastructure of Tajikistan.
Politics of Tajikistan
Tajikistan, is a dominant-party semi-presidential republic. With regard to political and civil freedoms, Tajikistan is 3. Citizens in Tajikistan experience little to no civil liberties and political rights. Citizens are not free to express themselves and do not enjoy political freedom or a representative government. Countries with this political situation are dangerous for investment, as an authoritarian government may have outsize control over economic matters. The head of the government is Emomali Rahmon.
According to the World Bank Group, the government effectiveness index of Tajikistan is -0.75. This indicates that the government of Tajikistan is ineffective. Public and civil services are severely handicapped, leading to potential for social and political upheaval.In Tajikistan, the legislative power is vested in a Supreme Assembly. The Global Peace Index (GPI) for Tajikistan is 2.152. The strength of legal rights index for Tajikistan is 1. Overall, it is considered to be rather weak - bankruptcy and collateral laws are unable to protect the rights of borrowers and lenders in case of credit-related complications; credit information, if any at all, is scarce and hardly accessible. In 2013, Tajikistan received 393.9 million USD in foreign aid. In 2014, the foreign aid amounted to 347.5 USD. Tajikistan is a member of the United Nations (UN). On 2 March 1992, it joined the UN as a full member state. Tajikistan is a member of the World Bank. To read more click on politics of Tajikistan.
Environment of Tajikistan
Tajikistan emits 0.4 metric tons per capita of CO2. 4100 km² of Tajikistan's territory is covered in forests. and forest land comprises 3% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Tajikistan is 7. To read more click on environment of Tajikistan.
Company formation in Tajikistan
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Tajikistan.
When establishing a company in Tajikistan, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Tajikistan that will affect the establishment and growth of one's business. Contact us or click on company formation in Tajikistan to read additional information when setting up a business.
Bank account opening in Tajikistan
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Tajikistan. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Tajikistan, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Tajikistan or contact us.