Mongolia - FranchisingMongolia - Franchising
U.S. investors should review Mongolia’s 2013 Investment Law and current Civil Code before establishing a franchise operation in Mongolia. Article 5.1.5 of the Investment Law authorizes franchising operations in Mongolia under the same terms extended to any other investment. Chapter 29, Articles 333-338, of the the Civil Code details the statutory treatment of a franchise contract under Mongolian law.
U.S. franchisors considering the Mongolian market should investigate steps to protect their brand and image. Before moving into the market, companies should consult with appropriate counsel regarding trademark registration or other concerns regarding intellectual property rights. Franchisors can find information on Mongolian intellectual property rights statutes and regulations at the General Agency for Intellectual Property and State Registration (GAIPSR).