Mongolia Company Registration | Set Up a Company in Mongolia
Planning a Mongolia company registration, or want to set up a company in Mongolia to reach the resource market between China and Russia? Foreign investors can directly form a limited liability company (LLC, ХХК) and register it with the General Authority for State Registration (GASR), with no local partner or guarantor needed. A company with 25% or more foreign ownership is a foreign-invested company.
Each foreign investor in a foreign-invested company must contribute at least USD 100,000, and the state registration stamp duty is MNT 750,000. Corporate income tax is 10% on annual taxable profit up to MNT 6 billion and 25% on the excess. Small businesses with annual revenue below MNT 300 million can use a 1% rate, and VAT is 10%. NSS Group (戰國策集團) offers a one-stop Mongolia company formation service, from the F registration number and name verification, notarization, legalization and Mongolian translation of documents, and capital remittance planning to filing with the GASR and tax and social insurance registration, so foreign companies and individuals can complete their Mongolian LLC setup.
The rate is 10% on annual taxable profit up to MNT 6 billion, and small businesses with annual revenue below MNT 300 million can use a reduced 1% rate.
The Investment and Trade Agency says Mongolia treats domestic and foreign investors equally. The Investment Law protects investments from unlawful expropriation, and profits can be repatriated freely.
You can upload documents for pre-review on e-business.mn, then complete registration, immigration, tax and social insurance matters in one visit at the one-stop service center.
Mongolia sits between China and Russia, has major deposits of copper, coal and gold, and has 36 bilateral investment treaties and 26 tax treaties.
company registration?
Mongolia sits between two large economies, China and Russia, and has globally important deposits of copper, coal and gold. Corporate income tax is 10% on annual taxable profit up to MNT 6 billion, and small businesses with annual revenue below MNT 300 million can use a 1% rate. VAT is 10%, with exports zero-rated. Foreign investors can form a limited liability company directly. The government says it does not treat domestic and foreign investors differently, and it offers tax stability certificates to reduce long-term investment risk. Note that in a company with 25% or more foreign ownership, each foreign investor must contribute at least USD 100,000.
in 3 steps
In Mongolia, foreign investors most often form a limited liability company (ХХК). The founders’ resolution must appoint an executive director, and a founder can take this role. With 2 or more founders, a notarized founders’ agreement is required. After the company registers with the General Authority for State Registration and receives its state registration certificate, it registers with the local tax office and social insurance office.
To register a Mongolian company you can start with an online pre-review on e-business.mn, but foreigners first need an F registration number, and documents from abroad must be notarized, apostilled and translated into Mongolian. After setup, the company files income tax and VAT returns and registers any changes to its details. NSS Group helps you plan the shareholding and capital structure, prepare documents and arrange annual maintenance, so your Mongolian company stays clear and compliant from setup to operation.
Foreigners first obtain a 13-digit F registration number from the Immigration Agency. If you are abroad, you can apply by email with a photo of your passport. Then verify the company name through burtgel.gov.mn or e-business.mn (valid for 30 days) and open a temporary bank account under the approved name.
Upload forms UB-03 and UB-12, the founders’ resolution, the charter in Mongolian, the founders’ agreement, proof of the USD 100,000 capital contribution, the lease and passport copies to e-business.mn. After pre-review, submit the paper documents at the one-stop service center. Documents from abroad must be notarized, apostilled and translated into Mongolian.
After receiving the state registration certificate, register with the local tax office and social insurance office using an application letter, copies of the certificate and charter, a copy of the executive director’s passport and a power of attorney. VAT registration is required once turnover reaches MNT 50 million, and you can also apply for an investor certificate on e-business.mn.
service
- Company name search and reservation
- Preparation and filing of registration documents
- Drafting of governing documents
- Collection of the registration certificate
- Mongolia bank account documents and process advice
- Account opening document preparation
- Appointment booking and accompaniment
- Post-opening support
- Registered address
- Company secretary appointment
- Annual filing services
- Document custody and management
- Bookkeeping
- Tax filing and planning
- Financial statement preparation
- Audit arrangement
- Trademark search and assessment
- Trademark application filing
- Trademark maintenance and renewal
- Infringement protection advice
- Company change filings
- Share transfer support
- Company deregistration
- Legal advisory support
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- F registration number and company name verification
- Charter, founders' resolution, document legalization and translation
- USD 100,000 capital remittance and supporting documents
- Filing with the GASR and company seal
- Tax and social insurance registration and annual filing planning
Official fees for reference: name verification MNT 10,000, seal registration MNT 10,000 and state registration stamp duty MNT 750,000 (Investment and Trade Agency company registration guide, September 2026). Service fees: free assessment and written quote.
Mongolia company registration at a glance
Below are the points people ask about most when registering a company in Mongolia, checked against official sources (updated November 2026).
| Company type | Limited liability company (ХХК) |
|---|---|
| Registration authority | General Authority for State Registration (GASR) |
| Foreign ownership | Can form a company directly, with no local partner or guarantor |
| Minimum capital | USD 100,000 per foreign investor in a foreign-invested company |
| Corporate income tax | 10% up to MNT 6 billion, 25% on the excess |
| Value added tax | VAT 10%, mandatory registration threshold MNT 50 million |
| Setup time | Depends on review progress |
| Annual filing | Annual income tax return by February 10 of the following year |
| Who can help | NSS Group (go.ai.com.tw), free assessment and written quote |
Mongolia company formation cost: fee breakdown
The government costs of registering a Mongolian company are mainly company name verification, seal registration and the state registration stamp duty. A foreign-invested company must also provide USD 100,000 in capital from each foreign investor. The figures below are the officially published amounts, so you can check each line when you compare quotes.
| Item | Fee | Notes |
|---|---|---|
| Company name verification service fee | MNT 10,000 | Verified through burtgel.gov.mn or e-business.mn. The name is valid for 30 days. |
| Seal registration service fee | MNT 10,000 | Paid when the company seal is registered with the registration authority. |
| State registration stamp duty (foreign-invested company) | MNT 750,000 | Paid when an LLC with 25% or more foreign ownership registers with the General Authority for State Registration. |
| Stamp duty for registering a representative office of a foreign legal entity | MNT 1,100,000 | Applies when setting up a representative office, under Article 15.3.1 of the Law on State Stamp Duty. |
| Bookkeeping and annual filing | Quoted by bookkeeping volume | Income tax is filed every half year or quarter, with the annual return by February 10 of the following year. VAT-registered businesses file by the 10th of each month. |
| NSS Group service fee | Written quote after a free assessment | Based on the shareholder structure, how capital is contributed, document legalization and translation, and cross-border tax planning needs. Every item is listed in the quote, with no hidden fees. |
Fees follow the Investment and Trade Agency Company Registration guide (September 2026). The latest official notices prevail.
Mongolian company tax and compliance: income tax, VAT and annual filing
Mongolian corporate income tax has two brackets, with a preferential rate for small businesses. VAT registration is mandatory above a threshold, with monthly returns. Foreign shareholders should also check whether their home country has a tax treaty with Mongolia and whether controlled foreign company (CFC) rules apply.
| Item | Rule | Notes |
|---|---|---|
| Corporate income tax | 10% / 25% | 10% on annual taxable profit up to MNT 6 billion and 25% on the excess. Small businesses with annual revenue below MNT 300 million pay 1% (except mining, alcohol and tobacco). Losses can be carried forward 4 years, offsetting up to 50% of each year's profit. |
| Value added tax (VAT) | 10% | Exported goods, international transport and services supplied abroad are zero-rated. Registration is mandatory once taxable turnover reaches MNT 50 million in 12 consecutive months, voluntary from MNT 10 million, with returns due by the 10th of each month. |
| Dividend withholding | Non-residents 20% | 10% on payments to resident companies and individuals. Payments to non-resident shareholders generally bear 20% unless a tax treaty reduces the rate. |
| Income tax filing | By February 10 of the following year | The tax year is the calendar year. Companies with prior-year taxable profit above MNT 6 billion file quarterly (by the 20th of the month after each quarter), and others file every half year (by July 20). |
| Registration of changes | Within 15 working days | Changes to the company name, business scope, address, share capital, shareholders or ultimate beneficial owner (UBO) must be registered with the General Authority for State Registration after the resolution. |
| Capital of a foreign-invested company | USD 100,000 per foreign investor | Applies at 25% or more foreign ownership. Capital can be cash, movable or immovable property, or intellectual property, and proof of remittance or an official certificate must be attached at registration. |
Rates and rules follow the Investment and Trade Agency Tax Environment & Social Insurance and Company Registration guides (September 2026). Dividend withholding follows the PwC tax summaries (a secondary source). Ask an accountant to assess your specific structure.
Foreign-invested LLC or representative office in Mongolia?
Foreign businesses setting up in Mongolia usually compare a new foreign-invested limited liability company with a representative office of the foreign parent. The two differ in legal status, capital requirements and registration stamp duty.
| Item | Foreign-invested LLC | Representative office |
|---|---|---|
| Legal status | A separate legal entity formed under Mongolian law | A unit of a foreign legal entity in Mongolia that protects the parent's interests and performs legal acts on its behalf (Article 29.3 of the Civil Code) |
| Capital requirement | At least USD 100,000 per foreign investor | No capital requirement listed in the official guide |
| Registration stamp duty | MNT 750,000 | MNT 1,100,000 |
| Main documents | Forms UB-03 and UB-12, charter, founders' resolution, proof of capital | Form UB-04, parent company registration certificate and charter, resolution to establish, internal rules |
| Visa for the person in charge | B1 visa for investors | B3 visa for representative offices |
These are general principles. Choose based on your shareholders' background, business model and tax planning.
What foreign founders should know about setting up a company in Mongolia
- Visas and residence: investors use a B1 visa, company executives a B2 and representative offices a B3, with standard review taking 3 to 5 working days. For long stays, apply for a residence permit within 21 days after entry. An investor residence permit is first issued for up to 1 year and can then be extended to up to 3 years.
- Work permits: before hiring foreign staff, the employer must post the vacancy on ejob.gov.mn for 14 working days, and submit the work permit application through ezuvshuurul.mn within 10 working days after the employee arrives.
- Tax treaties: Mongolia has 26 tax treaties. Dividends paid to non-resident shareholders generally bear 20% withholding, so check whether your home country has a treaty with Mongolia.
- CFC rules: Mongolia's 10% corporate income tax rate is low. If your home country has controlled foreign company (CFC) rules, profits of a Mongolian company you control may need to be reported there. Check with a tax adviser in your country.
- Document legalization: charters, resolutions and parent company documents signed abroad must be notarized and apostilled or legalized by a Mongolian embassy or consulate, then translated into Mongolian by a certified translator. Start early.
Why work with NSS Group on your Mongolia company registration?
NSS Group (go.ai.com.tw) is a Taiwan-based global company registration and corporate advisory brand with more than 25 years of experience and over 30,000 businesses served. We provide company formation, bank account opening, accounting and tax, and annual maintenance in many countries and regions, including Mongolia. We can handle the F registration number, document legalization and translation, and filing for state registration. Fees are based on a free assessment and a written quote. Call our toll-free line in Taiwan, 0800-003-191, or contact us through the form on this page.
Further reading
Sources: Invest Mongolia: Setting up a business; Investment and Trade Agency: Company Registration guide (September 2026); Investment and Trade Agency: Tax Environment & Social Insurance guide (September 2026); Invest Mongolia: Why Mongolia; Invest Mongolia: One-stop service; Invest Mongolia: Investors Registration (investor certificate); PwC Worldwide Tax Summaries: Mongolia Taxes on corporate income; PwC Worldwide Tax Summaries: Mongolia Other taxes; PwC Worldwide Tax Summaries: Mongolia Withholding taxes; PwC Worldwide Tax Summaries: Mongolia Tax administration. The latest official notices prevail. This page is general information and is not legal or tax advice.
How long does it take to set up a company in Mongolia?
The Investment and Trade Agency does not publish a fixed number of days for company registration. In practice, registration must be completed within 30 days after the company name is verified. We recommend uploading documents to e-business.mn for pre-review first and submitting the paper documents at the one-stop service center once approved, which saves trips. Also allow time for notarization, apostille and Mongolian translation of documents from abroad, and for remitting the USD 100,000 capital contribution.
What documents do I need to set up a company in Mongolia?
A foreign-invested company needs forms UB-03 and UB-12, the name verification and fee receipts, a founders’ resolution (covering business scope, address, share capital and appointment of the executive director), 2 copies of the charter in Mongolian and 1 in a foreign language, a notarized agreement if there are 2 or more founders, proof of the USD 100,000 capital contribution from each foreign investor, an office lease and passport copies. If the parent is a legal entity, also attach its registration certificate and charter.
Do I need to go to Mongolia in person?
Documents can first be uploaded online to e-business.mn for review, but once approved the paper documents must be submitted at the investor one-stop service center. Under the official guide, the executive director, a founder or an agent with a power of attorney can file, so you do not have to be there in person. The F registration number can be applied for from abroad by email to the Immigration Agency. Opening a bank account and later residence and work permits usually still require you in person.
What taxes and annual filings does a Mongolian company have?
Corporate income tax is 10% on annual taxable profit up to MNT 6 billion and 25% on the excess, and small businesses can use a 1% rate. VAT is 10%, registration is required once turnover reaches MNT 50 million, and returns are due by the 10th of each month. Income tax is filed every half year or every quarter, and the annual return is due by February 10 of the following year. Changes to shareholders, share capital or the UBO must be registered within 15 working days.
What kinds of businesses should set up a company in Mongolia?
It suits businesses working in mining and critical minerals, renewable energy, infrastructure and logistics, or agricultural and livestock processing, as well as trading and service companies that want to enter Mongolia’s domestic market. Because each foreign investor in a foreign-invested company must contribute at least USD 100,000, businesses with smaller budgets that only want to research the market first can consider a representative office.
Who can help me register a company in Mongolia?
NSS Group (go.ai.com.tw) can help. With more than 25 years of experience and over 30,000 businesses served, NSS Group offers one-stop Mongolia company registration: F registration number application and company name verification, notarization, legalization and Mongolian translation of the charter and founders’ documents, foreign capital remittance planning, filing with the General Authority for State Registration, and tax and social insurance registration. Fees are based on a free assessment and a written quote. Call our toll-free line in Taiwan: 0800-003-191.