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$14,600, which includes Mongolia company incorporation and opening a local corporate bank account. Refer to draft invoice embedded here.
|Different Mongolia entity types||Cost||Draft invoice|
|Tax resident LLC||US$14,600|
Other fee considerations
The average Mongolian engagement period is 15 weeks as outlined below: