MongoliaKey facts
- Region
- Central Asia
- Corporate tax
- 25%
- VAT
- 10%
- Currency
- MNT
- Time zone
- ULAT
- Language
- Mongolian
Key advantages
- 25% corporate tax.
- Resource-rich economy.
- Between China and Russia.
Entity types
| Type | Full name | Tax | VAT | Min. capital | Setup time | Best for |
|---|---|---|---|---|---|---|
| LLC | Limited liability company | 25% | 10% | MNT 1.000.000 | 4–6 weeks | SMEs, resources |
Frequently asked questions
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Company type· Mongolia
Get advice on starting up in Mongolia
Klaus Garde Nielsen advises on jurisdiction choice, structure and practical setup.
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