Foreign investment law (1993). Pays/Territoire Mongolie Type du document Législation Date 1993 Source FAO, FAOLEX Sujet Énergie, Ressources minérales Mot clé Production d'énergie hydroélectrique Subvention/incitation Exploitation minière Charbon Hydrocarbures Aire géographique Asie, Asie et Pacifique, Asie Orientale, Nations en développement sans littoral Entry into force notes Entry into force from the 1st of July 1993. Résumé 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. Texte intégral Anglais