Ulaanbaatar city authorities fight corruption and supports businesses
Mr. Sumiyabazar , Governor of the Capital City and Mayor of Ulaanbaatar, signed off on the decision to enable 74 types of trade and services activities
Mr. Sumiyabazar , Governor of the Capital City and Mayor of Ulaanbaatar, signed off on the decision to enable 74 types of trade and services activities to be carried out freely based on their registration starting from January 1st, 2022. The 74 types of trade and services activities that can operate without permits are have to registered with the tax authority and meet the relevant standards. With the past permits and requirements, citizen’s ability to operate businesses became more difficult thus becoming more dependent on the government for income. This has been one of the main reasons for increased government bureaucracy and increased the risk of corruption and misconduct by civil servants. New decisions and changes, which have significant positive impacts on the businesses, are a clear indication of the authorities of Ulaanbaatar city supporting businesses. The removal of such regulatory barriers and obstacles to operating business laid the foundation for economic recovery within the capital city.