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Establishment of Representative Office of a Foreign Legal Entity
A foreign legal entity, apart from the foreign government organization, a limited liability partnership and foreign non-governmental organization may establish a representative office within the territory of Mongolia.
Please note that a representative office shall not be deemed a legal entity. As indicated earlier, it is prohibited for a representative office to carry out any commercial activities for the commercial purposes within the territory of Mongolia.
Below is a summary of the key steps of establishment of a representative office of a foreign entity in Mongolia:
key steps of establishment of a representative office of a foreign entity in Mongolia
List of documents needed for setting up a representative office of a foreign legal entity in Mongolia:
- UB-11 form
- Receipt of payment of state stamp duty MNT1,100,000 ($319.40) to be paid to the following account number at Golomt Bank 14 01 00 26 49
- Introduction and rule copy of foreign legal entity /certified translation/
- Foreign legal entity certificate copy. /Certified translation/
- Authentic verdict and regulation from parent company to establish representative office
- Regulations /1 copy/ must have to phone number and official address
- Passport copy
- Official address of Representative office /certificate of immovable property (copy) or leasing contract /
- Other documents according to 11.5.1 and 11.5.2 of Law on state registration if necessary
- Remark: in case it is concluded in foreign country, the contract to sell share, buy share, and endow must be denoted by Embassy and Consul notary or Apostille
- Proxy./not necessary if official to represent without proxy/
Extending the duration of operations of a foreign representative office:
- Fill out the UB-04 form. (Use the following link https://burtgel.gov.mn/service/index.php/les-newlist/download)
- Service fee - MNT 750,000 ($217.20)
- Written confirmation of the decision on establishing the representative office
- A reference letter from the tax authority of Mongolia
- Documents need to be translated to Mongolian
- If the documents are issued in a foreign country, an apostille confirmed by Mongolian consul or diplomatic office