Foreign Invested Company
· Foreign Invested Companies (FIC) that registered in Mongolia are governed by the Law on Foreign Invested Companies. According to the law, all FIC that registered in Mongolia shall provide detailed information to the Board of Foreign Investment (FIFTA) for public disclosure.
· The Memorandum and Article is the most important legal document of a FIC as it defines the rights and responsibilities within the company.
· FIC need a minimum investment of 100.000 USD.
· Due to the complication of the company formation procedure in Mongolia, it is always a wise choice to appoint the right person to do the job. Boston Star Consulting is an experienced company in FIC formation. We delivers a professional and thorough service in this area.