• Injustice anywhere is a threat to
    justice everywhere

    Martin Luther King

  • Striving for social justice is most
    valuable thing to do in life

    Albert Einstein

  • Practicing law is not about winning.
    It’s about justice. Simple, naked justice.
    It’s about finding the truth

    Judge Sara Hart

Legal knowledge

TERMS AN EMPLOYMENT AGREEMENT MUST CONTAIN ...

2 weeks ago

   According to Labor Law  of Mongolia, an employment agreements must have certain clauses. Additional clauses should be agreed which suit the needs of the organisation and the employee. An employer or an official authorized by him or her shall conclude an employment agreement with [ ... ]

LIST OF DOCUMENTS REQUIRED FOR AMENDMENTS IN THE CERTIFICATE OF FOREIGN INVESTED ENTITY...

2 months ago

TERM OF REPRESENTATIVE OFFICE EXTENSION 1. Application УБ-05 2. Decision of shareholders (main company (with official translation)) 3. Report of latest 2 years company activities 4. Certificate of representative office (original copy) 5. State stamp duty (750.000 MNT, Khas bank 50 [ ... ]

INCOME TAX RATE ON LAW OF MONGOLIA CORPORATE INCOME TAX...

2 months ago

   Taxpayers in Mongolia are separated into two separate classifications – resident and non-resident, with different rates applying to various revenue streams depending on whether the entity is s tax resident in Mongolia. A resident taxpayer is an entity that resides in a Mong [ ... ]

News & Events

IN MAY THERE WERE ISSUED ELEVEN LICENSES OF MINING AND TWO LICENSES OF EXPLORATION...

1 months ago

   The Mineral Resources and Petroleum Authority reported that in May there were issued 11 licenses of mining and two licenses of exploration.    Also, 40 licenses were expired or been canceled. As of May, 56 percent of the valid mining licenses were for mining and 44 percent [ ... ]

PRESIDENT VETOES PACKAGE LAW ON TAXATION...

3 months ago

   On May 14, President of Mongolia Khaltmaagiin Battulga put a veto on the General Taxation Law, the Law on Corporate Income Tax, the Law on Personal Income Tax and the accompanying laws that were adopted.    In this regard, an official letter was forwarded to Chairman of th [ ... ]

INVESTMENT PROTECTION...

3 months ago

   Political risk has become one of the most relevant concerns for investors in developing countries. Although global economic uncertainty remains as the major concern, investors participating in the Global Investment Competitiveness Report (GIC) 2017 continue classifying political risk [ ... ]

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