of July 5, 2002 No. 123-II
About trade
This Law governs the relations in the field of trade for the purpose of more complete requirements satisfaction in goods and services.
Trade - the business activity directed to satisfaction of the goods demand of consumer appointment by means of their turnover, purchase and sale, the organization of public catering and provision of the corresponding services.
1. The legislation of Turkmenistan on trade consists of this Law, Rules of trade and other regulatory legal acts of Turkmenistan governing the relations in the field of trade.
2. Cooperative trade is performed according to the Law of Turkmenistan "About consumer cooperation" and this Law.
1. Trade is subdivided into retail (small retail) trade, wholesale (small wholesale) trade and public catering.
2. Retail trade is understood as sales activity (realization) of goods directly to the consumer for the satisfaction of personal needs, needs of household and other needs which are not connected with commercial turnover.
Small retail trade - the kind of retail trade connected with sale (realization) of the goods which are not requiring special conditions of their sale.
3. Wholesale trade is understood as activities for purchase and sale (realization) of goods for their further resale in retail trade or uses in commercial turnover.
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The document ceased to be valid since April 7, 2016 in compliance with article 58 of the Law of Turkmenistan of March 26, 2016 No. 370-V "About trading activity"