Foreign investment law (1993). País/Territorio Mongolia Tipo de documento Legislación Fecha 1993 Fuente FAO, FAOLEX Materia Energía, Recursos minerales Palabra clave Producción de energía hidroeléctrica Subvención/incentivo Minería Carbón Hidrocarburos Área geográphica Asia, Asia y Pacifico, Asia Oriental, Naciones en desarrollo sin litoral Entry into force notes Entry into force from the 1st of July 1993. Resumen The purpose of this Law shall be to encourage foreign investment, to protect the rights and property of foreign investors in Mongolia, and to regulate matters relating to the operations of business entities with foreign investments. A business entity with foreign investment in any of the following areas shall be granted the tax preferences set forth below effective from the date of starting production activities: 1. power and thermal plants and their transmission networks shall receive 10 years of tax exemption and 50% tax relief during the following 5 year period; 2. mining and processing of mineral resources (except precious metals), oil and coal shall receive 5 years of tax exemption and 50% tax relief during the following 5 year period. The document consists of 4 chapters that contain 25 articles. Chapter 1 (arts. 1-7) lays down general provisions. Chapter 2 (arts. 8-10) regards protection of foreign investments. Chapter 3 (arts. 11-24) regards operation of business entities with foreign investments. Chapter 4 (art. 25) lays down miscellaneous provisions. Texto completo Inglés