Doing business in Mongolia 2024

Mongolia offers a strategic opportunity for businesses and investors due to its abundant natural resources. The country's dynamic business environment is driven by rapid economic growth and strategic initiatives to enhance the business climate. With a youthful population and evolving infrastructure, Mongolia attracts global entrepreneurs. The government actively diversifies the economy by promoting renewable energy, technology, and banking sectors alongside traditional mining.

PwC Mongolia provides a comprehensive guide to navigating the market, offering insights into economic, legal, and tax frameworks essential for successful ventures. Over the past three decades, Mongolia's economic transformation has been marked by strategic policies and resource wealth, with the mining sector as a major growth driver. The country's positive economic outlook is supported by favorable investment policies, expanding global partnerships, and a commitment to renewable energy and technology development.

This guide covers all aspects of running a business and investing in Mongolia, such as:

Business environment
Foreign investment
Mining sector
Renewable energy sector
Technology sector
Banking and Capital markets sector
Importing and exporting
Labour relations and social security
Accounting and audit requirements
Taxation

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