Source-cited draft: company formation & entity choice for Mongolia (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
General reference only
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Source-cited draft. This skill is source-cited but has not been reviewed by a licensed practitioner. It may be incomplete, outdated, or wrong.
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| Entity types and incorporation | The limited liability company (LLC) is the most common business vehicle in Mongolia. Companies register with the General Authority for State Registration (GASR); foreign-invested companies face a higher minimum capital requirement. | |
| Common entity types | Limited liability company (LLC), joint-stock company (JSC), representative office and branch of a foreign companyCompany Law of Mongolia | |
| Minimum share capital (domestic LLC) | MNT 100,000Company Law of Mongolia | |
| Minimum capital (foreign-invested LLC) | USD 100,000 per foreign shareholder holding 25% or moreInvestment Law of Mongolia | |
| Registration authority | General Authority for State Registration (GASR)Law on State Registration of Legal Entities | |
| Step 1 — name reservation | Reserve the company name with the state registration authority; the company must be established within 30 days of obtaining the nameLaw on State Registration of Legal Entities | |
| Step 2 — capital deposit | Open a temporary bank account at a Mongolian commercial bank and deposit the paid-in capital (USD 100,000 or MNT equivalent for a foreign-invested company) |
The limited liability company (LLC) is the most common business vehicle in Mongolia. Companies register with the General Authority for State Registration (GASR); foreign-invested companies face a higher minimum capital requirement.
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Other Mongolia computations in the OpenAccountants library.
| Registration timeline | Approximately 3–5 business days after submitting the required documentsLaw on State Registration of Legal Entities |
| Core annual compliance — CIT | File the annual corporate income tax return by 10 February, with quarterly returns during the yearCorporate Income Tax Law of Mongolia |
| Core annual compliance — financial statements | Prepare annual financial statements under Mongolian accounting standards (IFRS-based) and file with the relevant authoritiesAccounting Law of Mongolia |
Rendered from the facts database. General reference only — confirm with a qualified professional before acting.
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