Client Alert Registration of Ultimate Controllers

On 22 March 2019, the Parliament of Mongolia (the “Parliament”) enacted the “Revised General Law on Taxation” replacing the old one that was enacted back in 2008. Article 18 of the revised law introduced the guidelines for the Mongolian tax authority in exchanging of...

THE MINERALS LAW OF MONGOLIA HAS BEEN AMENDED

On 26 March 2019, the Parliament of Mongolia (the “Parliament”) introduced two main changes to the Minerals Law of Mongolia (the “Minerals Law”) by enacting the Law on Amendments to the Minerals Law (the “Recent Amendments”). We will briefly discuss below...