IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Nov 2013 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 1 November 2013 a new investment law entered into force in Mongolia. It establishes the concept 'foreign state-owned legal entity' (FSOLE) as a legal entity in which the state directly or indirectly owns more than 50% of the entity's shares.
 
For FSOLE's, the new law forsees obligatory approval from the newly-established Invest Mongolia Agency if it acquires more than 33% of an entity in the financial, telecommunication or minerals sector. 

AFFECTED COUNTRIES

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