Fees and timelines in 2023
Fees
Mongolia business incorporation costs in Year 1 amount to US$9,500 and annual company costs in Year 2 and thereafter amount to US$2,060. The average fee per Mongolia engagement amounts to US$20,750, which includes Mongolia company incorporation and opening a local corporate bank account. Refer to draft invoice embedded here.
Timelines
The average Mongolian engagement period is 15 weeks as outlined below:
