> ## Documentation Index
> Fetch the complete documentation index at: https://v2.docs.conduit.financial/llms.txt
> Use this file to discover all available pages before exploring further.

# Mongolia

> How to collect KYB documents from business customers in Mongolia (MNG) when onboarding through the Conduit API.

## Overview

| Field        | Value        |
| ------------ | ------------ |
| Region       | Asia-Pacific |
| ISO 3166-1   | MN / MNG     |
| Registry     | GASR         |
| Last updated | 2026-05-06   |

## Identifiers

Collect two identifiers from each business customer in Mongolia and submit them as strings on the application body.

| API field                       | Local name                  | Issuer |
| ------------------------------- | --------------------------- | ------ |
| `businessInfo.taxId`            | **Татвар төлөгчийн дугаар** | GDT    |
| `businessInfo.businessEntityId` | **Улсын бүртгэлийн дугаар** | GASR   |

*Tax ID:* Tax registration is a separate step completed within 14 days of GASR registration; distinct from the GASR registration number.

*Registration number:* Assigned at registration; appears on the State Registration Certificate.

## Sector regulators

`Mongolbank` · `FRC`

## Legal structures

| Local name                                                                      | Abbreviation | Description                                                                                                                                                                                                |
| ------------------------------------------------------------------------------- | ------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Хязгаарлагдмал хариуцлагатай компани (Limited Liability Company)                | ХХК          | Members bear losses only to the extent of their contributions; no minimum charter capital; dominant structure for foreign-invested entities. Equivalent to a US LLC.                                       |
| Хувьцаат компани (Joint Stock Company)                                          | ХК           | Issues shares to raise capital; may be open (publicly listed) or closed (restricted share transfer); governed by the Company Law. Closest US equivalent: C-Corp.                                           |
| Нийтийн нөхөрлөл (General Partnership)                                          | НН           | Two or more partners with equal management authority; all partners bear unlimited personal liability for partnership debts. Equivalent to a US General Partnership (GP).                                   |
| Хязгаарлагдмал нөхөрлөл (Limited Partnership)                                   | ХН           | Consists of general partners with unlimited liability and limited partners whose liability is capped at their investment; general partners manage the entity. Equivalent to a US Limited Partnership (LP). |
| Хязгаарлагдмал хариуцлагатай нөхөрлөл (Limited Liability Partnership)           | ХХН          | All partners have limited liability capped at their contribution; governance through a members' meeting. Equivalent to a US Limited Liability Partnership (LLP).                                           |
| Хувиараа эрхлэх аж ахуй (Sole Proprietorship)                                   | —            | Single natural person trading under their own name; unlimited personal liability; available to Mongolian citizens; not a separate legal entity. Equivalent to a US Sole Proprietorship.                    |
| Хоршоо (Cooperative)                                                            | —            | Member-owned organization formed for mutual economic benefit; registered with GASR; over 4,200 active cooperatives as of 2025. Closest US equivalent: Cooperative.                                         |
| Гадаадын компанийн салбар / Төлөөлөгчийн газар (Branch / Representative Office) | —            | Extension of a foreign legal entity registered with GASR; not a separate legal person; the parent company bears full liability. Closest US equivalent: Branch/Rep Office.                                  |

## How documents combine

For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.

| Evidence area          | Documents needed                                              |
| ---------------------- | ------------------------------------------------------------- |
| Legal Registration     | Улсын бүртгэлийн гэрчилгээ                                    |
| Constitutive Documents | Дүрэм                                                         |
| Tax Registration       | Татвар төлөгчийн гэрчилгээ                                    |
| Operating Permit       | Тусгай зөвшөөрөл — ерөнхий                                    |
| Ownership Records      | Хувьцаа эзэмшигчдийн бүртгэл                                  |
| Governance Records     | GASR лавлагаа — захирал / ТУЗ                                 |
| Signing Authority      | *Any one of:* Тогтоол · Итгэмжлэл                             |
| Address                | *Any one of:* Lease Agreement · Utility Bill · Bank Statement |
| Good Standing          | GASR лавлагаа — захирал / ТУЗ                                 |

## Documents to collect

The physical documents you'll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil's Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed.

| Document                                                                       | Proves                                                          |
| ------------------------------------------------------------------------------ | --------------------------------------------------------------- |
| **Улсын бүртгэлийн гэрчилгээ (State Registration Certificate)**                | Legal Registration                                              |
| **Дүрэм (Charter)**                                                            | Constitutive Documents                                          |
| **Татвар төлөгчийн гэрчилгээ (Taxpayer Certificate)**                          | Tax Registration                                                |
| **Тусгай зөвшөөрөл — ерөнхий (Common/Regular Permit)**                         | Operating Permit                                                |
| **Хувьцаа эзэмшигчдийн бүртгэл**                                               | Ownership Records                                               |
| **GASR лавлагаа — захирал / ТУЗ (GASR Extract — Directors and Board Members)** | Governance Records, Good Standing                               |
| **Тогтоол**                                                                    | Signing Authority                                               |
| **Итгэмжлэл (Notarized Power of Attorney)**                                    | Signing Authority                                               |
| **Lease Agreement**                                                            | Address                                                         |
| **Utility Bill (≤90 days old)**                                                | Address                                                         |
| **Bank Statement (≤90 days old)**                                              | Address                                                         |
| **Sector-Specific License**                                                    | Тусгай зөвшөөрөл — тусгай (Special Permit / Regulatory License) |

### Collection notes

* **Legal Registration:** Issued by GASR within 5 business days; includes registration number, entity type, date.
* **Constitutive Documents:** Single constitutive document; must be in Mongolian; notarised copy required for multi-shareholder LLCs.
* **Tax Registration:** Issued by GDT; separate tax registration completed within 14 days of GASR filing.
* **Operating Permit:** Issued by the relevant ministry or sector authority; covers general commercial activities.
* **Sector-Specific License:** Issued by Mongolbank (banking), FRC (securities, insurance, non-bank financial, VASPs); special-permit due diligence 10 business days; required only for regulated sectors.
* **Governance Records:** Director (захирал) and Board of Directors (Төлөөлөн удирдах зөвлөл, ТУЗ) members recorded in GASR; extract serves as primary evidence.
* **Signing Authority:** Board resolution (тогтоол) of the Meeting of Shareholders or Board; PoA (итгэмжлэл) must be notarised if granted to a third party.
* **Address:** Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.
* **Good Standing:** Mongolia's General Authority for State Registration (GASR) does not issue a separate Certificate of Good Standing; a current dated лавлагаа (state registration extract) obtained from the E-Mongolia platform reflects active registration status and serves the same compliance function.

## Person roles

When you submit a person on the application body, set their `role` to one of Conduit's canonical `BusinessPersonRole` values. Use this table to map a local corporate-governance title onto the right canonical role.

| Local role                                                       | Canonical API role     | Description                                                                                                                    |
| ---------------------------------------------------------------- | ---------------------- | ------------------------------------------------------------------------------------------------------------------------------ |
| Гүйцэтгэх захирал (Executive Director / CEO)                     | `CONTROLLING_PERSON`   | Day-to-day management; elected by Meeting of Shareholders; individual executive body.                                          |
| ТУЗ-ийн гишүүн (Board of Directors member)                       | `CONTROLLING_PERSON`   | Member of Төлөөлөн удирдах зөвлөл; governance body between shareholder meetings; optional for LLCs unless required by charter. |
| ТУЗ-ийн дарга (Board Chair)                                      | `CONTROLLING_PERSON`   | Presiding member of the Board of Directors; governance role.                                                                   |
| Итгэмжлэгдсэн төлөөлөгч (Authorized Representative / PoA holder) | `LEGAL_REPRESENTATIVE` | Person holding notarised power of attorney to legally bind the company.                                                        |

## Notes

* Tax registration is a separate step. Unlike jurisdictions where the registry number doubles as tax ID, Mongolia requires a distinct GDT filing within 14 days of GASR registration. Collect both the State Registration Certificate and the Taxpayer Certificate.
* Charter must be in Mongolian. Bilingual charters are accepted; Mongolian text governs. Notarisation required for multi-shareholder charters. A foreign-language-only charter will be rejected.
* Apostille accepted — but five states have objected. Mongolia acceded 2 Apr 2009 (in force 31 Dec 2009). Austria, Belgium, Finland, Germany, and Greece raised objections; the Convention does not operate between Mongolia and those five states. Verify via HCCH Status Table ([https://www.hcch.net/en/instruments/conventions/status-table/?cid=41](https://www.hcch.net/en/instruments/conventions/status-table/?cid=41)).