We provide customs, business, and legal advice, delivering solutions that meet the needs of our clients.
INCOTERMS
Traders mutually agree on using one of the INCOTERMS rules issued by the International Chamber of Commerce (ICC), such as EXW, FOB, DAT, etc. These terms are applied when establishing foreign trade contracts, placing orders, or entering into agreements with freight forwarders. The most recent version of INCOTERMS was released in 2020, and selecting the correct rule enables businesses to assess costs and risks effectively. Properly choosing an INCOTERM allows for better management of business expenses and risk evaluation.
HOTLINE 1900-8888
Our hotline is available to assist you with any issues based on customs legislation and relevant laws of Mongolia. Operating hours are from 9:00 AM to 6:00 PM on business days. ASK, AND WE SHALL ANSWER. No question is ever wrong.
CUSTOMS VALUE AND ASSESSMENT OF GOODS
Methods for determining the customs value of exported and imported goods differ, and declarants have the right to declare the value of their goods using the transaction value method. We provide recommendations and information on applying valuation methods sequentially, negotiating within the framework of valuation methods set by customs authorities, and resolving disputes. Customs valuation is complex and requires professional knowledge, skills, and experience, so please feel free to consult us.
DETERMINATION OF GOODS CLASSIFICATION CODE
The classification code for export and import goods that must be declared to the customs authority is directly related to the assessment of customs duties and other taxes, exemptions, and the issuance of licenses and permits by authorized organizations for goods to cross the national border.
Determining the correct classification code for export and import goods can be one of the most challenging tasks; therefore, we provide professional guidance to help you accurately and correctly identify the HS code.
RIGHTS AND OBLIGATIONS IN CUSTOMS OPERATIONS
By adequately preparing for customs processes, foreign trade operators can safeguard against risks. Understanding customs laws and regulations is essential for all relevant personnel in your company—not just customs professionals but also trade, finance, and logistics specialists. Adhering to customs procedures ensures financial management, legal compliance, and enhanced corporate social responsibility.
PROHIBITED OR PERMITTED GOODS
By understanding the legal framework governing the import and export of prohibited goods or items requiring special permits issued by authorized institutions, you can avoid the risk of violating Mongolia’s relevant laws, including customs regulations. Gaining the trust of the customs authorities positions your company as a reliable partner, improving your risk assessment profile and enhancing your opportunities to transition to “green” or “amber” risk categories.
CUSTOMS CONTROL
Customs control includes various forms as outlined in customs legislation. Understanding these controls and the designated customs zones helps ensure compliance with the requirements of customs authorities and inspectors. Additionally, goods subject to quarantine, hygiene, and quality inspections require a "Control Sheet" for verification.
CUSTOMS CLEARANCE
Individuals and legal entities are required to clear goods for customs regardless of the country of origin or destination. Customs clearance locations and schedules are determined by the Central Customs Authority. Types of clearance include regular, expedited, and simplified procedures. Contact us for assistance with your customs clearance matters.
WHO IS A DECLARANT?
Any individual or entity declaring goods or vehicles to customs is considered a declarant. Goods may be declared personally or through a licensed customs brokerage firm. If using a broker, ensure to establish a contract with the company to formalize the process.
CUSTOMS CLEARANCE PROCEDURES
The declarant is required to select one of the 25 customs clearance procedures stipulated in the Customs Law to declare goods to customs. You have the right to choose or modify any of the customs clearance procedures. Each procedure is governed by regulations approved by an order of the Director of the General Customs Office (GCO). For comprehensive guidance on this matter, please consult with us.
CUSTOMS AND OTHER TAXES
When you export or import goods, you are obligated to pay customs duties and other official taxes. Calculating the customs and other taxes on imported goods based on the customs value requires professional knowledge, so please consult us for advice. Additionally, there are concepts such as tax deduction, refund, exemption from taxes, and goods exempt from taxation.
CUSTOMS TARIFFS
Mongolia applies customs tariffs to both exports and imports. These tariffs are based on the Harmonized System and are categorized as general, most-favored-nation, or preferential rates. To apply favorable rates, the country of origin must be documented. We can assist in determining applicable rates and taxes for your imports.
ELECTRONIC CUSTOMS DECLARATION
Did you know that you or your company can now directly declare goods to customs electronically? This not only saves time and money but also ensures accurate and transparent communication with customs authorities. Join our electronic declaration training sessions to learn more.
POST-CLEARANCE AUDIT
Post-clearance audits verify the accuracy of customs declarations and related documents for up to five years after goods are released to the owner. If you face such audits, consult with us for guidance.
APPEALING CUSTOMS DECISIONS
If your rights, freedoms, or legitimate interests are infringed upon by customs authorities or officers, you are entitled to file an appeal. The Customs Law outlines the procedures, deadlines, and forms for submitting appeals. Contact us for expert advice on filing appeals effectively.
FOREIGN TRADE CONTRACTS
Are you preparing to sign a foreign trade contract? Accepting a pre-drafted contract without thorough review poses significant risks. Since foreign trade contracts vary in type and terms, they may result in unexpected risks or losses. Consult us for contract drafting and review services.
TRADE DOCUMENTATION
At each stage of implementing foreign trade contracts and agreements, trade documents are prepared in accordance with international agreements and the standards of international trade documentation. These documents include the required paperwork for customs procedures, such as certifying the transaction price and verifying the country of origin, as per the applicable customs procedures.