Easy to register a Mongolian company
Overseas registered Mongolian companies have advantages such as tax incentives, low-cost operations, rich natural resources, superior investment environment, stable political environment, superior strategic location and high-quality talents. These advantages will help companies achieve better development prospects in Mongolia.
Advantages of registering a company in Mongolia
Tax incentives
Mongolia provides very favorable tax policies for registered Mongolian companies, including tax exemptions, tax credits, tax reductions and other measures, which saves companies a lot of costs.
Quality talents
Mongolia's labor force is efficient and competitive, and Mongolians under the age of 30 account for 70% of the total population, and the national literacy rate exceeds 90%. This provides good conditions for companies to recruit outstanding talents in Mongolia.
Excellent Investment Environment
The Mongolian government has provided a favorable investment environment to attract domestic and foreign investors, including some tax exemption policies and other incentives. These policies help reduce investment risks for enterprises and improve investment returns.
Excellent Strategic Location
Mongolia borders the resource-rich Siberia region of Russia to the north and the rapidly growing China to the south. This superior strategic location allows foreign investors to easily enter major economies in the world, including China and Russia.
Rich natural resources
Mongolia is rich in mineral resources, such as fur products, and has great potential. This provides investors with a rich resource base and helps companies gain competitive advantages in related fields.
Stable political environment
The Mongolian Constitution protects the investment security of foreign investors, as well as the rights and interests of the invested funds, property, etc. This provides investors with a stable political environment and reduces political risks.
Documents required to register a Mongolian company
Registration information
1
：Company name: must contain Cyrillic letters; must not be repeated with other company names;
2
：After the name is verified, a temporary company account must be opened and a paid-in capital of US$100,000 must be deposited, which can be withdrawn after the company is established;
3
：Submit a financial forecast report;
4
：Sign a management agreement (sample provided by our company); shareholders with more than % need to provide the front and back of their ID cards.
5
：Due diligence report.
Services related to Mongolian companies
Tax filing service
Specific details may vary depending on the type, size and region of the company
Comply with Tax Laws
After the company is registered in Mauritius, it must register for tax with the Mauritius Revenue Authority and obtain a tax registration certificate.
Retain Vouchers and Account Books
Determine the amount of tax payable based on the company's income and expenditure, and submit the relevant tax return to the Mauritius Revenue Authority within the prescribed time.
Fill in Reports Accurately
When filing taxes, you need to pay the taxes payable at the same time. Mauritius has different types of taxes, such as corporate income tax, value-added tax, etc., and you need to pay the corresponding taxes according to applicable regulations.
Pay taxes on time
Some companies may need to undergo an annual tax audit to ensure the accuracy and compliance of the company's financial reports and tax returns.
Registration related fees
Company registration fee:
10000 RMB.
Annual review:
Included in registration.
Processing cycle:20 working days.
Service Deliverables
Company Registration Certificate
Articles of Association
Why choose us?
IngStart provides corporate formation and compliance SAAS
Perfect service system
IngStart fully meets the needs of customers and provides efficient, professional and reliable services. Select the company that needs to submit an annual report in your IngStart account and click Submit Annual Report Service.
Professional operation team
IngStart receives the annual report service you submitted, updates your annual report in real time, and notifies you when the report is completed.
