Doing Business in Mongolia

Doing Business in Mongolia

Tremendous mineral reserves, agricultural endowments, and proximity to Asia’s vast markets make Mongolia an attractive destination for medium- to long-term foreign direct investment (FDI).

International framework: Mongolia is persistently discussing to enter bilateral and multilateral agreements and actively participates in the process of regional integration. Till to this day, Mongolia has established Foreign Investment Protection and Promotion Agreement with 43 countries and Double Taxation treaties with 26 countries. Moreover, Mongolia is the member of the Seoul Convention establishing the Multilateral Investment Guarantee Agency and Washington convention on the Settlement of Investment Disputes. Consequently, in April, 2014, Mongolia has introduced its investment policy and the law to UN Conference on Trade and Development /UNCTAD/.

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Our team, that is responsible for projects related to Mongolian law and trans-boundary projects with participation of Mongolian and foreign inventors, comprises the following attorneys:

BOLORMAA VOLODYA

Partner (Ulaanbaatar)

Email: bvolodya@gratanet.com, mongolia@gratanet.com

GANBOLD TUMUR

Partner (Ulaanbaatar)

Email: gtumur@gratanet.com