Mongolia

Mongolia borders two of the world’s largest economies—China and Russia—and serves as a critical transit and trade corridor in North Asia. The country is expanding its role in regional infrastructure and supply chain networks, including through trilateral logistics and rail agreements. Mongolia’s free trade discussions with major partners and ongoing WTO commitments reflect its growing interest in market liberalization. We help clients assess Mongolia’s position within broader regional planning strategies and align investment timelines with trade and infrastructure developments.

Mongolia is home to some of the world’s largest untapped mineral reserves, offering potential for long-term foreign participation in mining, processing, and related infrastructure. The country is also investing in renewable energy, livestock processing, and agricultural value chains. Foreign investment is welcomed in priority sectors through concession agreements, PPPs, and export-linked development incentives. We assist clients in structuring operations, negotiating approvals, and managing compliance in capital-intensive and highly regulated sectors.

Mongolia’s investment climate is shaped by sector-specific licensing regimes, foreign ownership rules, and evolving tax and governance regulations. The legal system continues to modernize but presents procedural and interpretive challenges that require careful navigation. Our team advises clients on structuring investments in accordance with Mongolia’s Foreign Investment Law, transfer pricing rules, and substance requirements—ensuring operational alignment with both local and international standards.

The Mongolian government is taking steps to streamline licensing, improve tax transparency, and digitize public services. Reforms in accounting, audit, and corporate reporting aim to enhance investor confidence and attract long-term capital. We work with businesses to meet documentation, HR, and tax obligations, while supporting local compliance with evolving national policy goals. As transparency increases, early-stage investors can benefit from well-structured entry and risk-managed governance.