Choose a structure around your activity.
The right structure depends on what your organisation will do in Mongolia, how it will earn revenue and the relationship with its overseas owners.
| Structure to discuss | Planning focus |
|---|---|
| Limited liability company | Ownership, proposed activities, investment and operating responsibilities. |
| Representative office | The parent company’s representation needs and the permitted scope of local activity. |
| Other arrangements | Discuss whether another entity or tax treatment is relevant to your project. |
The agency’s registration guide identifies a 25% foreign-ownership threshold for a foreign-invested private company and a minimum US$100,000 contribution per investor. Confirm how the current rules apply to your ownership structure.
Prepare the setup in stages.
Define the activity
Describe the products or services, intended customers, owners and proposed management.
Organise the documents
Confirm the founder documents, translations, authorisations and address information needed for the application.
Coordinate registration
Agree the submission route and responsibilities. A realistic timeline depends on document readiness and authority review.
Set up ongoing administration
Plan banking, accounting, tax administration, employment and any activity-specific permits.
The work continues after registration.
Accounting & audit
Identify your reporting obligations, record-keeping process and any audit requirements before operations begin.
People & immigration
Review employment contracts, payroll, insurance administration and immigration requirements for foreign personnel.
Banking & payments
Confirm the bank’s customer checks, account permissions and controls for domestic and international payments.
Contracts & permissions
Use appropriate agreements and check whether your sector, location or product requires additional approval.
Free zones, incentives and the full business lifecycle.
Location choices may include border trade areas or free-zone projects. Compare infrastructure, customer access and the actual eligibility criteria for incentives before choosing a site.
Business planning should also cover ownership changes, restructuring and eventual closure. Accounting records, contractual obligations and authority procedures matter throughout the company’s lifecycle.
Questions before you begin.
Where should I start?
Start with a conversation about your business and what you want to do in Mongolia. We can then identify the relevant setup and ongoing support services.
What should I prepare for an initial enquiry?
A short introduction to your company, your planned activities in Mongolia, your preferred timing and the questions you would like to discuss are a useful starting point.
How are fees and timelines determined?
They depend on the service, scope and information required. Contact us to discuss your needs and request a proposal for your project.