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 |
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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.