Buyanjargal Tungalag
Ulaanbaatar, Mongolia
Buyanjargal Tungalag joined GRATA International Mongolia LLP in 2020. She completed her bachelor’s degree in law at the Law School of the National University of Mongolia and a master’s degree in business administration with specialization in corporate governance from the University of Finance and Economy. Also she is a member of the Mongolian BAR Association.
Throughout her tenure at GRATA, Buyanjargal has been actively engaged in a variety of projects, gaining substantial expertise and knowledge, especially in the practice areas of Corporate and M&A, Commercial contracts, Employment, Data Protection, and Tax.
Practices
- Corporate & M&A,
- Commercial contracts,
- Employment,
- Data Protection,
- Tax.
Education
- MBA from the University of Finance and Economy of Mongolia, 2023
- LLB from the Law School of the National University of Mongolia, 2020
Languages
- English
- Mongolian
Industries
Technology, Media & Telecommunications
Experience
- Advised on the import of non-tobacco nicotine products;
- Drafted, reviewed, and revised various contracts including an Importer Agreement, Service Agreement, Sale and Purchase Agreement, Supply contract, etc.;
- Advised on various legal queries including Collateral Item Registration, Escrow account, Bankruptcy and Insolvency proceeding, UBO registration, Tax Issues, Land Use, Transfer of Shares, etc.;
- Reviewed and revised various data-protection-related documents;
- Advised on legal forms of doing business in Mongolia, main taxes, and forms of financing a company;
- Reviewed and revised various insurance agreements on employer’s liability, equipment, health, professional liability, etc.;
- Advised on visa and work permits for expatriates etc.;
- Drafted various legal articles and alerts including Legal Summary of Railway Transportation Regulation of Mongolia, Mutual Agreement Procedure on Double Taxation of Mongolia, Legal Summary on the Block-Chain Regulation in Mongolia, Issues of Secured Transactions and Pledges of Movable Property, Legal Regulation on Mergers and Acquisitions in Mongolia, Legal Regulation of Public Offering and Sales of Securities, Law on Protection of Personal Data, Liquidation Process of Legal Entities, Medical Advertising in Mongolia, and Feature and Legal Regulations of Franchising in Mongolia;
- Advised on Liquidation process of a foreign investment company in Mongolia and represented in the process;
- Conducted extensive research on the Corporate Governance Assessment of Mongolia under the EBRD’s instruction;
- Advised on obtaining various licenses and permits such as non-destructive testing license, radiographic performance license, construction license, etc.;
- Incorporated representative offices and subsidiaries of foreign legal entities in Mongolia;
- Drafted founding documents for all types of legal entities including foreign investment limited liability companies and representative offices of foreign legal entities;
- Drafted of a resolution on setting up a permanent establishment (the PE) in Mongolia for tax purpose, and carried out registration of the PE as a taxpayer in Mongolia;
- Advised on mobile TV launch in Mongolia in terms of content restriction and copyrights;
- Advised on termination of liquidation process and re-capitalization of a company;
- Updated HR documents including internal labor procedures and employment agreement templates in accordance with the new Labor Code (2021);
- Conducted legal due diligence on target local companies that are subject to M&A projects.
