Categories
Investment

Tax related support for investors

Investment agreement An investment of more than 500 billion MNT
Stabilization certificate VAT, Corporate income tax, Custom Duty, Mineral resource royalty
Free economic zones Exempt from taxes for the first 5 years
Small and medium enterprises  

 

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.

 

 

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