Currently, Mongolian legislation allows for several forms of business entities, which include joint stock, joint venture and limited liability companies. Economic and business activities in Mongolia are regulated by a variety of laws, including the Law on Foreign Investment of 1993 and the Company Law of 1999. To establish a registered presence in Mongolia, foreign companies may also choose to operate through a representative office or branch. There are many financial, legal, commercial, and tax implications arising from the choice of business vehicle. In this section, Ernst & Young Mongolia gives an overview of the Mongolian taxation system, featuring a viewpoint from Christian Pellone, Head of Tax.
Cover of The Report: Mongolia 2013

The Report

This chapter is from the Mongolia 2013 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Christian Pellone, Head of Tax, Ernst & Young Mongolia
Christian Pellone, Head of Tax, Ernst & Young Mongolia, on recent developments in corporate tax law