Whether you have formed a company with Mongolia Formations or not, we can process your First Tax Return for your company. Every company in Mongolia is obliged to submit an annual return to the Companies Registration Office no later than 28 days after its registered annual return date. A company’s first tax return must be made no later than 1 months after its incorporation, and every 3 months there after.
Where a company fails to submit its annual return and accounts, it may be struck off by the Companies Registration office, who then have powers to confiscate the assets of the company.
The following documents must be submitted with the Second Annual Return to the CRO:
1. An Auditor’s Report
2. Profit and loss accounts
3. Balance sheet
4. Directors reports
If you require your annual return to be completed, or if you are late filing your annual return, contact us today.