On or about 28 August 2019, Singapore and Turkmenistan have signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA).

The DTA seeks to improve cross-border trade and investment, lower withholding tax rates and clarifies jurisdictional rights between both countries.

The DTA will enter into force after ratification by both countries.

For more information, please visit the IRAS website for more information

Source: IRAS website, 28 August 2019.