Tax
From The Report: Mongolia 2012
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In conjunction with Ernst & Young, OBG explores the taxation system. Peter Markey, Partner, Ernst & Young, shares a viewpoint on building a qualified workforce for professional services.

Articles from this Chapter

Overview

Tax by numbers: A brief and concise review of the tax environment
OBG
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Economic and business activities in Mongolia are regulated by a variety of laws, including: the Company Law of July 2, 1999, with a major revision on September 13, 2007; the Civil Code of January 10, 2002; and the Law on Foreign Investment of May 10, 1993. Currently, Mongolian legislation allows for several forms of business entities, which include joint stock companies, joint venture companies and limited liability companies. HOW TO SET UP A COMPANY: To establish a registered presence…

Viewpoint

Peter Markey, Partner, Ernst & Young, on building a qualified workforce for professional services
OBG
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Even as the world population topped 7bn at the end of October 2011, some places continue to struggle with the developmental challenges posed by a lack of people. Big empty places still exist and not just Antarctica or the Arctic, but northern Canada, central and western Australia, Siberia, and the world’s least densely populated country, Mongolia. These places have in common both difficult living conditions — intense winter cold, dry summer heat — and abundant untapped mineral resources.…