Success Stories
How foreign companies successfully launched in Mongolia
A Seoul-based software development company sought to enter the Mongolian market. The company had no Mongolian language capability, no prior knowledge of local legal requirements, and no permanent representative in Ulaanbaatar.
InvestMN Pro verified and secured the company name at UBEG, handled all notarized translations of Korean-language documents into Mongolian, accompanied the client team to open a corporate bank account, and managed the complete UBEG registration process on their behalf.
Within 28 working days from the first consultation, the company received its official state registration certificate and commenced business operations in Mongolia.
"Without InvestMN Pro, we would not have known where to start. Every step moved quickly and was clearly explained."
A Beijing-based construction materials supplier wanted to enter the Mongolian market directly through a joint venture with a local Mongolian partner, structured as a 51%/49% shareholding LLC. The main challenges were translating Chinese-language documents and drafting a legally sound shareholding agreement.
InvestMN Pro translated all Chinese documents into Mongolian with official notarization, drafted a shareholding agreement template that was reviewed and approved by both parties, verified the company name at UBEG, and completed the joint registration process.
Within 35 working days, the joint venture LLC received its official state registration certificate from UBEG and was ready to begin trading operations.
"The documentation process was our biggest concern going into this. InvestMN Pro resolved every issue efficiently and professionally."