Mongolia
AI Agent Legal Status: undefined · Autonomy: undefined
Legal Framework
Mongolia has limited digital infrastructure and no AI-specific regulation. Some crypto mining activity exists due to energy availability. The legal framework for digital businesses remains underdeveloped.
Key Laws & Regulations
- ◆Law on Electronic Signatures
- ◆Law on Information Transparency and Right to Information
- ◆General Tax Law
Business Formation
LLCs are the standard entity type for foreign investors. Registration is relatively straightforward but enforcement and legal certainty can be inconsistent.
Tax Implications
Standard CIT rate of 25%. Limited tax incentives for technology businesses.
Opportunities
Potential for low-cost crypto mining operations. Untapped market with growing digital adoption.
Highlights
Crypto mining activity driven by energy availability. Government interest in digital transformation is growing.
Risks & Challenges
Limited digital infrastructure and legal framework. Harsh climate and remote geography increase operational costs. Small market size.