EuroChamber was founded by leading European and Mongolian companies with a strong support from the EU Delegation, to contribute to positive business environment in Mongolia through its work as a united voice of European and Mongolian businesses, and to increase business between Europe and Mongolia.

Contacts

UBH Center, 11th Floor, Suite No 1111, 1 st khoroo Sukhbaatar District, Ulaanbaatar Mongolia

info@eurochamber.mn

(+976) 9575 2050

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Foreign Direct Investment

// Euro chamber Mongolia

Foreign Direct Investment

Foreign Direct Investment (FDI) WG mainly comprises of companies in the mining, legal and financial sector, and suppliers to the mining industry. In November 2022, the WG issued a position paper on the Minerals Transfer Tax, raising concerns on the valuation methods imposed by the Mongolian Tax Office on the transfer of special licenses. Draft Investment Law, draft Commercial Law and others are also being discussed within the group. The WG is chaired by Mr. Daniel Mahoney, Partner at MahoneyLiotta LLP, and co-chaired by Ms. Ariuntuya R., Legal Director at Badrakh Energy LLC.