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Permission for the Foreign State-Owned Legal Entity

A foreign state-owned company with an intent to purchase 33% or higher stake of a Mongolian company operating in the following sectors shall request a permission from an authorized agency in charge of investment affairs:

“A foreign state-owned legal entity” refers to a legal entity where 50% or of its shares is directly or indirectly owned by a foreign country’s government.

Below is a comprehensive list of documents to be attached with the application:
List of documents required for the state-owned foreign legal entity to invest in Mongolia:

Documents to be attached to the application for permission


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