Mongolia - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Mongolia was 5.92 as of 2020. Its highest value over the past 14 years was 7.19 in 2006, while its lowest value was 4.22 in 2009.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 7.19
2007 6.65
2008 5.59
2009 4.22
2010 4.90
2011 5.92
2012 5.81
2013 6.51
2014 6.49
2015 5.47
2016 4.91
2017 5.99
2018 5.55
2019 5.94
2020 5.92

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 20.00
2013 73.80
2019 17.80

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 1.40
2013 0.90
2019 0.50

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2009 54.10
2013 38.50
2019 13.30

Time required to get electricity (days)

The value for Time required to get electricity (days) in Mongolia was 79.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 126.00 in 2011 and a minimum value of 79.00 in 2013.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2009 126.00
2010 126.00
2011 126.00
2012 101.00
2013 79.00
2014 79.00
2015 79.00
2016 79.00
2017 79.00
2018 79.00
2019 79.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed "informal firms."

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2004 80.40

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 68.00
2013 64.90
2019 55.60

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

See also:

Year Value
2013 20.50
2019 11.40

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 26.30
2013 14.70
2019 9.60

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 20.80
2013 20.50
2019 16.00

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Mongolia was 13.50 as of 2019. Its highest value over the past 14 years was 22.60 in 2008, while its lowest value was 12.40 in 2009.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 22.60
2006 22.60
2007 22.60
2008 22.60
2009 12.40
2010 12.40
2011 12.40
2012 12.40
2013 12.40
2014 12.40
2015 12.40
2016 12.40
2017 12.40
2018 12.40
2019 13.50

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Mongolia was 2.00 as of 2019. Its highest value over the past 14 years was 2.20 in 2008, while its lowest value was 0.80 in 2010.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 2.20
2006 2.20
2007 2.20
2008 2.20
2009 2.00
2010 0.80
2011 2.00
2012 2.00
2013 1.80
2014 2.00
2015 2.00
2016 2.00
2017 2.00
2018 2.00
2019 2.00

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Mongolia was 10.20 as of 2019. Its highest value over the past 14 years was 15.30 in 2007, while its lowest value was 9.20 in 2008.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 15.30
2006 15.30
2007 15.30
2008 9.20
2009 10.00
2010 11.50
2011 10.30
2012 10.50
2013 10.50
2014 10.30
2015 10.30
2016 10.30
2017 10.30
2018 10.30
2019 10.20

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment