List of documents to incorporate a company

Check availability and register the company name /GASR/
1.  Original ID of the founder (original passport if founder is foreign citizen)
2.  Incorporation via Power of Attorney /Original copy of letter of Attorney, original ID or passport/
3.  Document processing fee 500 MNT needs to be remitted to Golomt Bank-1401001101
Open an account /any preferred commercial banks/
Make sure to bring the verification sheet of company`s name when fill out UB-10 bank account opening  form. Banks might  request additional documents.
Apply for certificate of incorporation at General Authority of State Registration
List  of  documents  to  incorporate  a Business  entity with  Foreign Investment:
1.  Application forms (UB 03-II) (fll 2 copies) /please download:  www.burtgel.mn
2.  Verification sheet on company name /acquirable at the Registration of Legal Entity division/
3.  Notification of Bank account opening
4.  Memorandum of Association (Original Decision)for incorporation of a foreign invested company /with certified translation/
5.  A Foreign state owned entity (FSOE) shall obtain approval permission from the respective authority in charge of Investment in case it (FSOE) owns 33% or more of total shares in Mongolian
company that operates in strategic sector. /original copy/
6.  Statute and agreement of company
•  If a company consists of one investor, only the statute is needed,
•  if a company consists of    two or more  investors, both statute and memorandum  of  association  (notarized  copies  needed).  Samples are available at www.burtgel.mn/
7.  Individual investor asked to bring a passport copy and fill the Investor registration form
8.  Legal entity asked to bring the copy of Certification of Incorporation and  company introduction
9.  Investment confirmation /according to the 172.6 Law on State Registration of Legal Entities, initial threshold is 100`000 USD for each investor
10. Offcial company address /2 copies/
11.  Beginning balance sheet /2 copies/
12. State stamp duty /750.000 MNT to be remitted to Golomt Bank-1401002649, Xac Bank-5001122211/
13. Power of attorney /if a company is administrative, Power of attorney is not needed/
Obtain the company seal 
Obtainable within 2 hours at Seal producing company operating at General Authority of State Registration GASR and incorporation certificate is necessary to obtain seal.

All information related to the registration of the company provided on  the  website  of  the State Offce in Mongolia www.burtgel.gov.mn