Mongolia's Mining Fiscal Regime: H1 2015 - New Report Available

Mongolia has rich mineral deposits of coal, copper, iron ore and gold. The mining industry is governed by the Mineral Resources Authority of Mongolia, and its various departments. The Mineral Law and Subsoil Law are the apex laws for the country's mining industry.

Report Highlights

* The Mineral Resource Authority of Mongolia (MRAM) deals with the licensing aspects of mining, in compliance with the Mining Law of Mongolia.
* The Minerals Law of Mongolia was enacted to promote economically viable mining, and to regulate mining operations such as exploration, exploitation and other related activities.
* The purpose of Subsoil law is to deal with the issues related to the use and protection of subsoil.
* The purpose of General Law of Taxation is to define the national taxation system in Mongolia.

Report Scope

Full Report Details at
- http://www.fastmr.com/prod/992408_mongolias_mining_fiscal.aspx?afid=301

The report outlines governing bodies, governing laws, licenses, rights , obligations, and key fiscal terms which includes license fee, royalty, corporate income tax, depreciation, loss carry forward, withholding tax and value added tax (VAT).

Reasons to Get this Report

Gain an overview of Mongolia's mining fiscal regime.

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