Regarding the tax relief outlined in Article 22, Section 22.9.5 of the Law on Corporate Income Tax, the criteria for investment, construction, financial support, and donation activities intended to compensate for losses due to force majeure and similar circumstances were established by the Appendix to Order No. 18 of the Deputy Minister of Mongolia dated February 5, 2025. The criteria include:

1. Activities eligible for tax relief

• Investment: Tangible assets in another entity for protection and reconstruction.
• Construction: Buildings, infrastructure, and engineering structures to repair damage.
• Financial support and donations: Monetary and in-kind donations with a notarized contract, free of conflicts of interest.

2. General requirements

• The activity must meet the requirements for deductible expenses in accordance with Article 13 of the BUIT;
• The disaster event must be confirmed by the conclusion of the Emergency Commission or the disaster protection organization;
• The activity, contract, and support must be registered with the relevant organizations

3. Monitoring and verification

• Emergency agencies handle registration, monitoring, database creation, and verification.
• Tax and Emergency agencies must exchange information and report regularly—annually, quarterly, and semi-annually.

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