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Mongolia is a landlocked unitary sovereign state in East Asia. Mongolia is the 18th largest and the most sparsely populated fully sovereign country in the world. It is located between China and Russia. The economic activities in Mongolia are agriculture, mining, wholesale and retail trade and services, transportation and storage, and real estate activities. The capital of Mongolia is Ulaanbaatar.

The currency of Mongolia is Mongolian Tögrög / Mongolian Tughrik (MNT).


BEFI Business Entity with Foreign Investment.
CIT Corporate Income Tax
FTZ Free Trade Zone
JSC Joint Stock Company
LERO Legal Entities Registration Office
LLC Limited Liability Company
MCTA Mongolia Customs and Tariff
MNT Mongolian Tughrik
MTA Mongolian Tax Authority
PE Permanent Establishment
PIT Personal Income Tax
TP Transfer Pricing
VAT Value Added Tax
WHT Withholding Tax