Categories
Investment Loan

Eligibility or required documents

  • Loan Application / Bank’s application form/ and 1 passport-sized photo
  • A copy of the notarized citizen identification card (applies also to a person when the loan is jointly received). The loan officer checks the original ID card and takes a copy. Otherwise, the loan officer will require a notarized copy.
  • Statement of residence and statement from the National Police Agency of Mongolia
  • Collateral documents, real estate certificate, reference, land certificate, contract, cadastral map
  • Proof of income source documents and account statements
  • Permissions to operate and lease agreement
  • Proof of loan purpose
  • Proof of tax receipt in case of real estate purchase
  • Other required documents
Categories
Establish a company

Change in management of the LLC /executive director, chairman, chief/

 Documentation required

Recommendation

1

 Application form (UB-03 & UB-12 forms) Download from http://burtgel.gov.mn/service/index.php/les-newlist/download

2

 Receipt of payment of state stamp duty
  • MNT 10,000  for registering additional change in Mongolian LLC

Receipt deposited in Golomt Bank account 1401002649

  • MNT 40,000 for registering additional change in Foreign-invested LLC
  • MNT 40,000 for Religious Institutions

Receipt deposited in Golomt Bank account 1401002649

/Article 15 of the Law on State Stamp Duty/

  • If to obtain new certificate, MNT 88,000

shall be paid as a State stamp duty fee.

Receipt deposited in Golomt Bank account 1401001101

 /Annex to the Government Resolution №230 of 2020/

3

 Certificate of registration /original/ If the certificate is lost, it shall be announced in the daily newspaper, and the newspaper should be presented

4

 Founder’s decision / resolution /,

1 copy

 

Decision or resolution shall be registered within 15 working days after the issuance

 The resolution shall reflect:

– Dismissal of the previous management and appointment of a new management

– An authorized entities for confirming, signing and stamping the resolution.

  • For a LLC, the Shareholders
  • For NGOs, Funds, Governing Board
  • For Partnerships, all Members’ meeting
If there are 2 or more shareholders, the minutes of the meeting shall be taken and signed by the participants of the meeting.
For changing the CEO of a subsidiary, the parent company’s shareholders’ resolution is required.
For government organizations and national special service agencies, the statutory authorization unit shall remove the original managers and appoint new managers. (Original or certified copy)

5

 Passport copy /foreign citizen/ Passport copy if the founder, shareholder, executive director, chairman and member of the board is a foreign citizen.

6

 Permission from the competent authority If you are engaged in banking, insurance, auditing, etc., you will need written permission from the Ministry of Finance and the Financial Regulatory Committee.

7

 Tax reference In accordance with Article 10.6 of the Law on State Registration of Legal Entities.

·    If the document is issued in a foreign language, it shall be translated and certified into Mongolian, and if it is issued abroad, it shall be certified by an “Apostille” or Notary or Consulate.

AUTHORIZED PERSONS for the application:

·    Executive management

·    Founder

·    An official authorized to represent without a power of attorney

·    Other persons authorized by power of attorney
Categories
Establish a company

Change in business activities/operational areas

Documentation required

Recommendation

1

 Application form (UB-03 & UB-12 forms) Download from http://burtgel.gov.mn/service/index.php/les-newlist/download

2

 Receipt of payment of state stamp duty
  • MNT 10,000  for registering additional change in Mongolian LLC

Receipt deposited in Golomt Bank account 1401002649

  • MNT 40,000 for registering additional change in Foreign-invested LLC

Receipt deposited in Golomt Bank account 1401002649

/Article 15 of the Law on State Stamp Duty/

  • If to obtain new certificate, MNT 88,000

shall be paid as a State stamp duty fee.

Receipt deposited in Golomt Bank account 1401001101

 /Annex to the Government Resolution №230 of 2020/

3

 Certificate of registration /original/ If the certificate is lost, it shall be announced in the daily newspaper, and the newspaper should be presented

4

 Founder’s decision/resolution,

1 copy

 

Decision or resolution shall be registered within 15 working days after the issuance

 An authorized entities for confirming, signing and stamping the resolution.

  • For a LLC, the Shareholders
  • For NGOs, Funds, Governing Board
  • For Partnerships, all Members’ meeting.
The decision (resolution) shall reflect the change of business activities (adding or removing), and the revised charter (amendments of the charter) shall be approved as an appendix.
If there are 2 or more shareholders, the minutes of the meeting shall be taken and signed by the participants of the meeting

5

 Amended charter /2 copies/ The charter shall reflect change of business activities.
In the case of a Foreign-invested LLC with 2 or more shareholders, a renewed agreement shall be executed between the shareholders.

/1 copy/

6

 Permission from the competent authority To add a licensed activity, the original or a notarized copy of the License Certificate issued by the competent authority.

7

 Tax reference In accordance with Article 10.6 of the Law on State Registration of Legal Entities.

·    If the document is issued in a foreign language, it shall be translated and certified into Mongolian, and if it is issued abroad, it shall be certified by an “Apostille” or Notary or Consulate

AUTHORIZED PERSONS for the application:

·    Executive management

·    Founder

·    An official authorized to represent without a power of attorney

·    Other persons authorized by power of attorney
Categories
Working capital loan

Terms and conditions

Working capital loan

 MNT USD EUR CNY

JPY

Amount

Maximum amount of the loan is determined based on range of operations, capital and financial capacity of the client’s business. 

Interest rate /monthly/

 2.00%-1.60% 1.50%-1.10% 1.20%-0.85% 1.20%-0.85%

1.20%-0.85%

Interest rate /annually/

 24.00%-19.20% 18.00%-13.20% 14.40%-10.20% 14.40%-10.20%

14.40%-10.20%

Term

Up to 36 months

Service fee 

1% of the loan amount /maximum MNT 1,500,000/

0.5% of the loan amount /maximum USD 1,500 or amount equivalent to EUR, CNY, JPY

Penalty interest rate

Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate

Fee for changing the original loan terms

0%

Grace period

Up to 12 months

Loan application fee 

MNT 30,000

Credit recording enquiry fee /during loan analysis procedure/

Individual – MNT 1,000

Corporate – MNT 1,000

* Effective percentage rate /annual/: MNT 19.95%-24.77%

Categories
Working capital loan

Requirements

  • Evidence of running the business in the last 12 months and continuing to pursue it as a going concern
  • Collateral to satisfy the bank’s requirements (e.g. property deeds, other fixed or moveable assets, etc.)
  • Other requirements from the bank on a case by case basis.
Categories
Working capital loan

Eligibility or required documents

  • Loan Application / Bank’s application form/ and 1 passport-sized photo
  • A copy of the notarized citizen identification card (applies also to a person when the loan is jointly received). The loan officer checks the original ID card and takes a copy. Otherwise, the loan officer will require a notarized copy.
  • Statement of residence
  • Collateral documents, real estate certificate, reference, land certificate, contract, cadastral map
  • Proof of income source documents and account statements
  • Permissions to operate and lease agreement
  • Proof of loan purpose
  • Proof of tax receipt in case of real estate purchase
  • Other required documents
Categories
Incoming international wire transfer

General information to receive payment

Click on the currency from the list below, fill in your current account information with the Transport and Development Bank, and please send the information to the remitter to receive payment from abroad.

USD Receiving payment in US Dollar, please click here 
EUR Receiving payment in Euro, please click here
CNY Receiving payment in Chinese Yuan, please click here
GBP Receiving payment in British Pound, please click here
RUB Receiving payment in Russian Ruble, please click here
JPY Receiving payment in Japanese Yen, please click here
SGD Receiving payment in Singapore Dollar, please click here
HKD Receiving payment in Hong Kong Dollar, please click here
TRY Receiving payment in Turkish Lira, please click here
Categories
Establish a company

Гадаадын хөрөнгө оруулалттай компанийн үйл ажиллагаа явуулах хугацаа сунгах

д/д

БҮРДҮҮЛЭХ МАТЕРИАЛ

ЗӨВЛӨМЖ /хууль тогтоомж, түүний зүйл заалт/
1 Өргөдөл УБ-03 http://burtgel.gov.mn/service/index.php/les-newlist/download хаягаас татаж авах
2 Улсын тэмдэгтийн хураамж төлсөн баримт  – ГХО-тай хуулийн этгээд  75,000 төгрөг

Голомт банкны 1401002649 дансанд тушаасан баримт

/Улсын тэмдэгтийн хураамжийн тухай хуулийн 15-д заасан/

– Гэрчилгээ шинээр авах бол 88,000 төгрөг

Голомт банкны 1401001101 дансанд тушаасан баримт

/Засгийн газрын 2020 оны №230 дугаар тогтоол/
3 Улсын бүртгэлийн гэрчилгээ /эх хувь/ Үйл ажиллагаа явуулах хугацааг сунгаж, улсын бүртгэлийн гэрчилгээнд тэмдэглэнэ.
4 Шаардлагатай тохиолдолд итгэмжлэл; Үүсгэн байгуулагч, гүйцэтгэх удирдлага ирэх боломжгүй бол нотариатаар итгэмжлэл үйлднэ.
5 Татварын албаны тодорхойлолт Хуулийн этгээдийн улсын бүртгэлийн тухай хуулийн 10.6
ӨРГӨДӨЛ ГАРГАХ ЭРХ БҮХИЙ ЭТГЭЭД:

·  Гүйцэтгэх удирдлага

·  Үүсгэн байгуулагч

· Итгэмжлэлгүйгээр төлөөлөх эрх бүхий албан тушаалтан

· Итгэмжлэлээр эрх олгогдсон бусад этгээд

ҮЙЛЧИЛГЭЭ ҮЗҮҮЛЭХ ХАЯГ БАЙРШИЛ

Дотоодын хуулийн этгээд бол: Улсын бүртгэлийн ерөнхий газрын үйлчилгээний III байр 2-р давхар Хуулийн этгээдийн улсын бүртгэлийн газар

ГХО-тай ХЭ бол: Чингэлтэй дүүрэг, Нэгдсэн үндэстний гудамж, ЗГ-ын II байрны ард, “Invest in Mongolia center

ҮЙЛЧИЛГЭЭ ҮЗҮҮЛЭХ ХУГАЦАА

 

ГХО-тай ХЭ бол: Улсын бүртгэлд бүртгэх эсэхийг ажлын 10 өдрийн дотор шийдвэрлэнэ. /ХЭУБТХ 21.6 /
Categories
Establish a company

Тамга, тэмдгийн хяналтын дугаар шинээр авах

д/д

 БҮРДҮҮЛЭХ МАТЕРИАЛ

ЗӨВЛӨМЖ

Хуулийн этгээд, түүний салбар, төлөөлөгчийн газар, гадаадын хуулийн этгээдийн төлөөлөгчийн газар

1

 Өргөдөл УБ-03 маягт http://burtgel.gov.mn/service/index.php/les-newlist/download хаягаас татаж авах

– Улсын тэмдэгтийн хураамж 10,000 төгрөг

Голомт банкны 1401002649 дансанд тушаасан баримт

/Улсын тэмдэгтийн хураамжийн тухай хуулийн 15-д заасан/

2

 Улсын бүртгэлийн гэрчилгээ /эх хувь/ Гэрчилгээг үрэгдүүлсэн бол өдөр тутмын сонинд зарлуулж, сонинг авч ирэх

3

 Төрийн байгууллага, албан газрын хувьд –  Тухай байгууллагын бүтэц, орон тоог баталсан тушаал, шийдвэрийн хуулбар

–  Тамга хийлгэхэд Засгийн газрын Хэрэг эрхлэх газраас олгосон зөвшөөрөл

–  Төрийн байгууллагын дотоод газар, нэгжийн хувьд дээд байгууллагын албан хүсэлт

Хуулийн этгээдийн эрхгүй байгууллага /СӨХ, байгаль хамгаалах нөхөрлөл, төсөл, хөтөлбөр/

1

 Албан бичиг /хүсэлт/ –    Сууц өмчлөгчдийн холбооны албан бичиг /СӨХ-ны даргыг сонгосон хурлын тэмдэглэлийн хуулбарын хамт/

–    Нөхөрлөлийн хувьд гишүүдийн гарын үсэг бүхий хүсэлт

–    Төсөл, хөтөлбөрийн хувьд харьяалах, удирдах Төрийн захиргааны төв байгууллагын шийдвэр /тогтоол, тушаал/, албан бичиг.

2

 Гэрчилгээний хуулбар СӨХ, нөхөрлөлийн хувьд гэрчилгээний хуулбар

3

 Татварын байгууллагын тодорхойлолт Харьяа дүүргийн татварын албанд бүртгэлтэй тухай, татвар төлөгчийн регистрийн дугаар бүхий тодорхойлолт

Хуулийн этгээдийн зохион байгуулалтын бүтцийн нэгж

1

 Шийдвэр/тогтоол/

Албан  бичиг

 Харьяалах дээд байгууллагын эрх бүхий этгээдийн гарын үсэг, тамга тэмдгээр баталгаажсан байх

2

 Гэрчилгээний хуулбар Харьяалах дээд байгууллагын улсын бүртгэлийн гэрчилгээний хуулбар
Өргөдөл гаргагч нь гадаадын иргэн бол паспортын хуулбар

ӨРГӨДӨЛ ГАРГАХ ЭРХ БҮХИЙ ЭТГЭЭД:

·         Гүйцэтгэх удирдлага

·         Үүсгэн байгуулагч, хувьцаа эзэмшигч

·         Хоёр буюу түүнээс дээш үүсгэн байгуулагч, хувьцаа эзэмшигчтэй хуулийн этгээдийн тухайд тогтоол, шийдвэрээр эрх олгосон этгээд

·         Итгэмжлэлээр эрх олгогдсон бусад этгээд.
Categories
Salary Loan

Benefits

  • Get a loan as soon as possible if you need it financially;
Categories
Salary Loan

Terms and conditions

Salary loan

Terms

Maximum amount

Up to 60% of net salary for up to 30 months

Interest rate /monthly/

1.4%-2.0%

Interest rate /year/

16.8%-24.0%

Loan term

Up to 30 months

Service fee

1%

Penalty interest rate

Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate

Fee for changing the original loan terms

1% of the loan balance

Application fee

10,000 MNT

Credit recording enquiry fee /during loan analysis procedure/

Individual – 1,000 MNT

* Effective percentage rate /annual/: 17.92%-25.16%

Categories
Salary Loan

Eligibility or required documents

  • Request form, a passport photo, ID card and written request (to be written by hand);
  • Original and copy of social insurance book;
  • Residency reference;
  • Reference from the organization /it should be mentioned that it is possible to work in a stable way in the future/;
  • Salary account statement;
  • Other documents to determine household income and expenditure;
  • Other documents if loan collateralized.
Categories
Convertible savings collateral loan

Benefits

  • Offers loans up to 80% of your convertible term deposit, which is the highest percent of potential loan amount;
  • No service fee.
Categories
Convertible savings collateral loan

Terms and conditions

Convertible deposit collateralized loan

In case loan is provided in foreign currency by collateralizing MNT convertible term deposit 

Loan amount

Up to 80% of total amount of convertible term deposit

Loan interest rate /annual/                          

Annual interest rate of term deposit + 6.0%

Term

Determined upon maturity date of term deposit

Service fee 

0%

Penalty interest rate

Penalty interest rate /equivalent to 20% of base interest rate/ is added to the base interest rate

Fee for changing the original loan terms

0%

Loan application fee 

MNT 1,000
Categories
Deposit backed loan

Benefits

  • Additional materials are not required;
  • Can receive loan in no time;
  • Receive loan and make loan payment through online banking.