The Parliament of Mongolia adopted tax reform package including the General Tax Law, Law on Corporate income tax, Law on Value added tax and Law on Personal income tax which shall take effect on 1 January 2020.

Under the Civil Code, a legal entity acquires the right to conduct business activities and obtains legal capacity only upon registration with the State Registration Authority.

The Government of Mongolia submitted a tax reform to the Parliament in 2018 including revisions to the General Taxation Law (GTL), the Corporate Income Tax (CIT) Law, the Value Added Tax (VAT) Law

Where the legal confidentiality environment is well established in a fairly competitive marketplace, business organizations are crucial in helping to build their own strengths, characteristics and colors.

Mongolia's total renewable energy potential is 2600 gigawatts (GW), over 1000 times larger than the 1.6 GW installed capacity of Mongolia's electricity system.

Tremendous mineral reserves, agricultural endowments, and proximity to Asia's vast markets make Mongolia an attractive destination for medium to long-term foreign...

There are no qualifications for the electronic service, and it only classifies income earned by a non-resident from services provided directly or electronically to a Mongolian resident or permanent establishment as Mongolian-source income pursuant to Article 4.1.7.a part of the Corporate Income Tax Law of Mongolia (CIT law).

Для электронных услуг специальные квалифицирующие критерии не установлены; при этом доход...