Law on investment. País/Territorio Mongolia Tipo de documento Legislación Fecha 2013 (2015) Fuente FAO, FAOLEX Materia General Palabra clave Ley marco Financiamiento Propiedad Negocios/industria/corporaciones Tasa/impuesto Responsabilidad/indemnización Derechos de propiedad intelectual/patentes Subvención/incentivo Área geográphica Asia, Asia y Pacifico, Asia Oriental, Naciones en desarrollo sin litoral Entry into force notes This Law shall become effective commencing from November 01, 2013. Resumen The purpose of this Law is to protect the legal rights and interests of investors in the territory of Mongolia, to establish a common legislative guarantee for investment, to encourage investment, to stabilize the tax environment, to determine the rights and obligations of investors and the competences of a government body related to investment and to regulate other relations pertaining to investment. The legislations on investment shall consist of the Mongolian Constitution, the General Taxation Law, this Law and other legislative acts adopted pursuant to these laws. “Investment” means the tangible and intangible assets attributed to the joint capital and reflected in financial statements of the business entities which are for profit-oriented activities in the territory of Mongolia. “An investor” means a foreign and domestic investor that make an investment in Mongolia. This Law shall apply to the investments which are made by foreign and domestic investors in the territory of Mongolia. Investors may make investment freely into the sectors and productions and services except as otherwise prohibited or restricted by legislations of Mongolia. Investments in Mongolia can be made in the following forms: (a) an investor may establish a new business entity solely or jointly with other investors; (b) an investor may purchase shares, bond/debentures and other types of securities; (c) an investor may make an investment by a way of wholly acquiring or merging companies; (d) an investor may establish of concession, product sharing, marketing and management and other agreements; (e) an investor may make an investment in forms of financial leasing or franchise; and (f) any other forms which are not prohibited by the specified laws. An investor shall have a right to seek a tax and non-tax support in order to support investment. The State shall provide an investor with a guarantee of ensuring stability of the tax rate by a way of granting a stabilization certificate to the investor or by a way of concluding an investment agreement with the investor as specified in this Law. Properties of the investors may be mobilized only for the public interest and on the condition of full compensation of the mobilized properties in accordance with the procedures specified in the law. Mongolia shall protect intellectual properties owned by the investors as specified in the applicable laws. Investors shall have a right to transfer their following assets and revenues out of Mongolia without hindrance on the condition of having properly fulfilled their tax payment obligations in the territory of Mongolia: (a) profits of business activities and dividends; (b) license fees for use of their intellectual property rights and service charges; (c) payment of principle amounts and interests of overseas loans; (d) an investor’s share of leftover properties after liquidation of a business entity; and (e) other properties gained or owned legally. The investment promotions for investors shall consist of tax and non-tax incentives. Texto completo Inglés Página web crc.gov.mn