Imported machinery and equipment may be exempted from customs duties during the construction period and value-added tax may be imposed at a rate of up to ‘0’ in the following cases:

• Construction of a factories that produce oil, construction materials, products for export (export products) and those that engage agricultural processing activities;
• Construction of factories that engage in production of nano, bio and innovative technologies;
• Construction of power plants and railways.

Non-tax related support for investors can be provided in the following ways. Those include:

1. Lease a land under contractual terms up to 60 years. Extend the contract up to 40 years under the same terms once after the end of the first contractual term;
2. To support investors operating in non-free zones, industrial and technology parks, and to provide registration and inspection procedures on concessional basis;
3. To support the implementation of infrastructure, industrial, scientific and educational development projects, increase the number and quantity of foreign labor and specialists, exempt from job fees, and issue relevant permits on a concessional basis;
4. Support the financing of innovation projects and provide guarantees for financing the production of export-oriented innovative products;;
5. Issuance of multiple entry visas and permanent residence permits in accordance to the relevant Laws to foreign investors who have invested in Mongolia;
6. Other promotions specified in the applicable Laws.