Start e-commerce business in Mongolia – full guide
With increasing use of the Internet, together with rising levels of digital literacy, particularly in the urban centers of Ulaanbaatar, Mongolia is becoming a rising e-commerce capital. Entrepreneurs are most favorably placed to cash in on an emerging market thanks to a young, tech-savvy population that shows increasing interest in online shopping. However, consideration of […]
Start commercial real estate business in Mongolia – full guide
A country endowed with resources yet landlocked, Mongolia is located advantageously between the two giants: China and Russia. The augmentation of urbanization and economic activity has resulted in an increasing demand for commercial spaces such as office buildings, logistics hubs, retail complexes, and industrial parks. Infrastructure development and continuing increases in foreign direct investment will […]
Guide on opening a restaurant in Mongolia – full guide
Writing a specific business plan stands as the initial step because it includes both market research and menu planning alongside financial planning. Business registration should be your first step before obtaining permits to start a banking process. The restaurant industry shows permanent growth through endless opportunities for individual business ownership in restaurant establishments. Customer dining […]
Start a business in Mongolia
Its systems of business law, taxation, banking, external connections to the global business community, and most significantly, a market economy, are all still being developed in this nation. To analyze genuine risks and make decisions based on reality rather than on perceptions, businesspeople have a special challenge when they enter this country. One of the […]