ISSUE OF STABILIZATION CERTIFICATE REQUIREMENTS AND TERMS IN MONGOLIA
ISSUE OF STABILIZATION CERTIFICATE REQUIREMENTS AND TERMS IN MONGOLIA
The Stabilization Certificate will be assessed subject to the provision of the following information from the investing company: – A copy of the business plan and the feasibility study; – Evidence that the total investment amount and investment completion period meet the minimum requirements under the Investment law of Mongolia; – Environmental impact assessment; – Details of how the investment will contribute to creating new jobs; – Details of how the investment will utilize advanced technology and techniques; The Stabilization Certificate will be issued to the following sectors for the durations stated below: 1. Mining, Heavy industry, and Infrastructure: Investment Amount (billion tugriks ) Duration of Stabilization Certificate (by years) Investment Completion Period (by years) Ulaanbaatar Area Central Area (Gobisumber Dornogobi, Dundgobi, Darkhan-Uul, Umnugobi, Selenge, Tuv Provinces) Khangai Area (Arkhangai, Bayankhongor, Bulgan, Orkhon Uvurkhangai, Khuvsgul Provinces) Eastern area (Dornod, Sukhbaatar, Khentii Provinces) Western Area (Bayan-Ulgii, Gobi-Altai, Zavkhan, Uvs, Khovd Provinces) 30-100 5 6 6 7 8 2 100-300 8 9 9 10 11 3 300-500 10 11 11 12 13 4 500 and above 15 16 16 17 18 5 2. All other sectors (except Mining, Heavy industry, and Infrastructure): Investment amount (billion tugriks) Stabilization period (by years) Investment Completion Period (by years) Ulaanbaatar Area Central Area (Gobisumber Dornogobi, Dundgobi, Darkhan-Uul, Umnugobi, Selenge, Tuv Provinces) Khangai Area (Arkhangai, Bayankhongor, Bulgan, Orkhon Uvurkhangai, Khuvsgul Provinces) Eastern area (Dornod, Sukhbaatar, Khentii Provinces) Western Area (Bayan-Ulgii, Gobi-Altai, Zavkhan, Uvs, Khovd Provinces) 10-30 5-15 4-12 3-10 2-8 5 2 30-100 15-50 12-40 10-30 8-25 8 3 100-200 50-100 40-80 30-60 25-50 10 4 200 and above 100 and above 80 and above 60 and above 50 and above 15 5
A foreign citizen shall apply for the adoption of a Mongolian citizen to the State Central Administr …
2023-08-11
A foreign company may establish a branch in Mongolia as a secondary establishment of the parent comp …
2023-08-11
e. A part-time employment agreement Article 66.1 of the Revised Labor Law stipulates that a part-tim …
2022-05-17
a. An apprenticeship employment agreement means an employment agreement concluded between an employe …
2022-04-14
Changed key provisions – REGULATION ON COLLECTIVE DISMISSAL The Revised Labor Law regulates the issu …
2022-03-22