The total population of Turkmenistan is 5,851,466 people. People in Turkmenistan speak the Turkmen language. The linguistic diversity of Turkmenistan is diverse according to a fractionalization scale which for Turkmenistan is 0.3984. The median age is approximately 26.6 years. Life expectancy in Turkmenistan is 63. The female fertility rate in Turkmenistan is 2.3. Around 13% of the population of Turkmenistan are obese. The ethnic diversity is diverse according to a fractionalization scale which for Turkmenistan is 0.3918. To find out specifics of language, religion, age, gender distribution, and advancement of people in Turkmenistan see the sections below, as well as visit the section concerning the education in the country.

Population
In Turkmenistan, the population density is 10.7 people per square kilometer (28 per square mile). Because of this statistic, this country is considered to be sparsely populated. The total population of Turkmenistan is 5,851,466 people. Turkmenistan has approximately 226,327 foreign immigrants. Immigrants in Turkmenistan represent 0.1 percent of the total number of immigrants in the world. Immigrants in Turkmenistan represent 4.3 percent of the total number of immigrants in the world. The ethnic diversity of Turkmenistan is diverse according to a fractionalization scale based on ethnicity. Ethnic fractionalization (EF) deals with the number, sizes, socioeconomic distribution, and geographical location of distinct cultural groups, usually in a state or some otherwise delineated territory. Specific cultural features might refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. Frequently, these features are used for social exclusion and the monopolization of power. The index of ethnic fractionalization in Turkmenistan is 0.3918. This means that a certain diversity is present in Turkmenistan, although all people can still be divided into a relatively small number of major ethnic groups. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group shares, which reproduces the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Read below for statistics of Turkmenistan on median age and gender distribution at various ages.

Age
The median age is approximately 26.6 years. The median age for men is 26.2, while the median age for women is 27.1.

Gender
The sex ratio, or the number of males for each female (estimated at birth), is 1.05. It can be further divided into the following categories: sex ratio under 15 - 1.02; sex ratio from 15 to 64 - 0.98; sex ratio over 64 - 0.77; total sex ratio - 0.98. Total sex ratio is different from sex ratio estimated at birth. This is due to the fact that some newborns are considered in the sex ratio estimated at birth but pass away within the first weeks of their life and are not included in the total sex ratio.

Religion
The majority religion of Turkmenistan is Islam, the followers of which comprise 93% of all religious believers in the country. Islam (Arabic: الإسلام‎) is a monotheistic and Abrahamic religion articulated by the Quran, a religious text considered by its adherents to be the verbatim word of God (Allāh), and, for the vast majority of adherents, by the teachings and normative example (called the sunnah, Arabic سنة, composed of accounts called hadith, Arabic حديث) of Muhammad, considered by most of them to be the last prophet of God. An adherent of Islam is called a Muslim. Besides Islam, there are several other religions present within the country. Other religions in Turkmenistan are Christianity, Buddhism, folk religions, Judaism. The religious diversity of Turkmenistan is vaguely diverse according to a fractionalization scale based on the number of religions in Turkmenistan. The index of religious fractionalization in Turkmenistan is 0.2327. This score means that within the country there is one major with a few other minor beliefs.

General development
Turkmenistan 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. As a developing nation, Turkmenistan may not be able to offer consistent social services to its citizens. These social services may include things like public education, reliable healthcare, and law enforcement. Citizens of developing nations may have lower life expectancies than citizens of developed nations. In Turkmenistan, 7.2 in every 100 people use internet. Turkmenistan has a Human Development Index (HDI) of 0.698. Turkmenistan has an upper medium HDI score. This indicates that the majority of citizens will be able to attain a desirable life, though some citizens will not be able to achieve high living standards. The migration rate in Turkmenistan is -1.84%. In Turkmenistan, 30% of the population lives below the poverty line. The percentage of citizens living below the poverty line in Turkmenistan is fairly high, but is not reason for complete concern with regard to investments. Potential financial backers should look at other economic markers, including GDP, urbanization rate, and strength of currency, before making any decisions regarding investments.

Multinational companies and governments around the world are increasingly looking to Africa as a new business destination. Africa's economy has grown at a rate of around 5.3% per year over the last decade and six of the world's ten fastest growing economies are located here. These countries have a fast-growing middle class that contributes to rapid urbanization that is increasing faster than their cities' infrastructure can keep up. It is a common misconception that many economies in Africa are heavily dependent on energy production. In reality, the oil and gas sector accounted for only 11% of Nigeria's GDP in 2014, while the construction sector accounted for 20%.

When considering doing business in Africa, it is not a matter of choosing just one country or all 54; A regional approach makes more sense. Sub-Saharan Africa, for example, refers to sub-Saharan countries such as Angola, Kenya, South Africa and Nigeria. Many companies already doing business in Africa are separating their businesses in North Africa and Sub-Saharan Africa due to the stark economic, linguistic and cultural differences between the two regions. Here are our top 5 African countries for doing business:

Mauritius
Mauritius is known for offering an extremely favorable business environment for investment and business growth. The process of incorporating a company and starting new business activities in Mauritius is believed to be straightforward and relatively easy. Mauritius' economy is mainly based on textiles, tourism, sugar and financial services, although recently other sectors such as renewable energy and information technology are expanding rapidly. The World Bank ranked Mauritius 49th in its Doing Business 2017 ranking, largely due to its pro-business approach to dealing with building permits, enforcing contracts and protecting minority investors. Another ranking of African countries places Mauritius first based on factors such as law and security, economy, human development and human rights.

Rwanda
Despite nearly a decade of Rwanda's civil war, the country's leaders and citizens alike have worked to achieve a healthy business climate and a strong overall economy. According to the World Bank, Rwanda is the second easiest place to do business in Africa and ranks 56th in the Doing Business ranking. This is because the procedures for registering a property, obtaining credit and trading across borders have been greatly simplified. Tourism is currently the fastest growing sector in Rwanda. According to our research, businesses can be incorporated and operating in as little as three days.

Botswana
Since gaining independence, Botswana has had one of the fastest per capita economic growth rates in the world. As the government works to diversify the country's profitable industries, the mining of diamonds and other precious metals is currently the main contributor to the country's economy. Recently, Botswana has managed to reduce the time it takes for various processes including import and export and business formation procedures. In addition, technological upgrades have reduced the average court length for commercial disputes to 625 days (from 987 days in 2008). Thanks to these improvements, Botswana ranks 71st in the World Bank's Doing Business 2017 ranking.

South Africa
South Africa's key industries are automobile manufacturing, tourism, mining and information and communication technologies. South Africa has managed to simplify its import and export procedures, resulting in less time and fewer documents required. In addition, the South African authorities have simplified tax legislation, reducing the number of hours required to prepare tax reports. The World Bank ranked South Africa 74th for ease of doing business in 2017.

Kenya
Another country to keep an eye on is Kenya, which is currently making huge investments in sectors such as telecom, transport and energy. With a tech-savvy workforce and high-speed internet, Kenya stands out as one of the top countries in Africa for tech startups, while its diversified economy, strong ownership rights, excellent tourism sector and improving infrastructure make it a great location for general start a new company. If you have further questions about company formation or banking in Africa. Please contact us now.

The development of telecommunications and economic globalization have made it possible for interested investors to set up companies all over the world. With proper research, financial investment and legal backing, business ventures can be safely incorporated in almost any country in the world. Building an international business used to be a complicated entrepreneurial venture, but today it is commonplace with the help of experienced legal and business advisors.

The advantages of founding a company abroad are as numerous as they are obvious. Many countries offer specific locational advantages, ranging from natural resources and well-established infrastructure to beneficial laws and regulations that encourage growth in a particular industry. Likewise, it can be difficult to start a business or an acquisition in your own country due to adverse situations: political or regulatory environment, lack of resources and more. In this situation, it makes sense to consider an overseas option that offers greater opportunities for growth, development, and success.

Company registration in Trinidad and Tobago
When starting a business in Trinidad and Tobago, an interested investor must conduct due diligence regarding legal procedures, international regulations and sufficient investment for success. It is crucial to understand cultural, social and political factors that influence starting and growing one's business. Failure to do so may result in unintended consequences. Poorly researched and toneless international launches often end in disaster as time, money and energy is wasted due to poor planning.

Legal Documents
Every country in the world presents its own intricate challenges when it comes to starting, developing and maintaining a business. Owners, financiers and investors must make these commitments with the support of a knowledgeable and experienced legal team. Only someone with in-depth knowledge of local and international corporate law will be able to set up an overseas business while avoiding the pitfalls that plague many new businesses.

Additionally, smart business people can consider ways to invest in foreign companies without actually starting their own businesses. In these situations, it is still beneficial for the investor to partner with a knowledgeable global economics and litigation advisor. International investments create a truly diverse portfolio that offers growth opportunities that were unthinkable decades ago.

Potential investors, venture capitalists and entrepreneurs should consider the existing infrastructure in Trinidad and Tobago when planning to start a new business. While extensive infrastructure and systems can help make the process of starting a business a smooth one, it could also represent market saturation and reduced growth potential. On the other hand, a lack of infrastructure is often a major obstacle to growth; However, the lack of infrastructure points to a clear market opening for a creative and efficient new business.

Bank account opening in Trinidad and Tobago
In connection with the incorporation of a company, it is necessary to open one or more bank accounts in Trinidad and Tobago. Confidus Solutions offers the ability to open a bank account in over twenty jurisdictions, making it easy for you to avoid challenging language barriers or bureaucratic hassles.

Virtual Office in Trinidad and Tobago
Since a registered address is a necessity for international business, Confidus Solutions enables foreign investors to set up a virtual office in Trinidad and Tobago. This address allows international entrepreneurs to accept mail, arrange for shipping and set up a registered bank account in their country of business.

Tax regulations
If you are in the process of researching a Trinidad and Tobago company formation, consult with a lawyer or consultant with extensive experience in the area you are considering. This advisor can help you with everything from laws and tax structures to local helpers. You need to consider every aspect from the local office to your highest organizational structure; Make sure you recruit the best possible mentors as you embark on this exciting but challenging process.

Ireland based companies are currently very attractive as they can be leveraged for intellectual property exploitation. Until recently, Irish companies were most commonly used as intermediary licensing companies. As of May 2009, Ireland is also an attractive jurisdiction to hold intellectual property profitably.

The reason Ireland is such an attractive option for royalty recovery is that there is generally no withholding tax on outgoing royalties (with the exception of patent and mining royalties, but even these may be exempt in certain circumstances).

For many licensing structures, Ireland will be the best location for an intermediary licensing company for the exploitation of all types of intellectual property. With its new, convenient capital grants system, Ireland is now an ideal location for the development, ownership and exploitation of intellectual property. It is important to remember that every case is different and proper advice must always be sought.