The Government of Mongolia approved the percentage of labor force and specialists to receive from abroad in legal entities operating in Mongolia for 2017.
The percentage of foreign labor force and specialists in legal entities is set to be up to 5% of the total number of their employees. Labour and Social Welfare Department will grant the permission for the foreigners up to 50% and permission for more than 50% of foreign labor force and specialists shall be discussed by the Government of Mongolia.
As of Oct 2016, total of 11072 foreigners were working in Mongolia, which dropped by 33 percent compared to the previous year.
According to the Law on Sending Labor Force Abroad and Receiving Labor Force and Specialists from Abroad, monthly workplace amount is equal to 2 times of the minimum wage per foreign citizen. Such payment is MNT 192,000.
Employment Promotion Fund earned MNT 43 billion in 2015 and it has projected to earn MNT 37.8 billion this year while MNT 12 billion was concentrated as of Oct 2016.
The Government of Mongolia approved the percentage of labor force and specialists to receive from abroad in legal entities operating in Mongolia for 2017.
The percentage of foreign labor force and specialists in legal entities is set to be up to 5% of the total number of their employees. Labour and Social Welfare Department will grant the permission for the foreigners up to 50% and permission for more than 50% of foreign labor force and specialists shall be discussed by the Government of Mongolia.
As of Oct 2016, total of 11072 foreigners were working in Mongolia, which dropped by 33 percent compared to the previous year.
According to the Law on Sending Labor Force Abroad and Receiving Labor Force and Specialists from Abroad, monthly workplace amount is equal to 2 times of the minimum wage per foreign citizen. Such payment is MNT 192,000.
Employment Promotion Fund earned MNT 43 billion in 2015 and it has projected to earn MNT 37.8 billion this year while MNT 12 billion was concentrated as of Oct 2016.