MONGOLTAX TMZ

What MONGOLTAX TMZ does

MONGOLTAX TMZ (МОНГОЛТАКС ТМЗ ХХК) is a Mongolia-based professional services firm specializing in tax consulting, accounting, and tax-related training. Founded in December 2006, it became the first legal entity licensed to provide professional tax consulting services in Mongolia and has operated continuously for 17+ years. The firm is headquartered in Ulaanbaatar with three regional branches in Darkhan, Dalanzadgad (Umnugobi aimag), and Choir (Gobisumber aimag), supported by 50+ employees.

The firm's core products and underlying capabilities include tax advisory, accounting and tax compliance services, professional training programs (71,960 participants trained since 2009), and 22 published professional books and reference manuals — including two editions of the Mongolian Tax Statistics Compilation co-developed with Mongolia's General Department of Taxation. The firm also produces research surveys (taxpayer awareness, tax fraud), runs a Junior Chamber for young accountants, and has developed educational content such as a children's tax-education animated cartoon. Services are delivered through on-site consulting, classroom training, and published works in Mongolian, with select website content available in English and Chinese for foreign-invested clients.

The business model is multi-stream: (1) enterprise and SME tax/accounting advisory retainers, (2) structured training and continuing-education programs for accounting professionals, (3) publication and reference-book sales, and (4) event/conference revenue. Customers include national holding groups (Nomin Holding, Nomin Tav Trade), mid-market firms (Blast LLC), public-sector organizations (MNCCI, 4th Hospital of Mongolia), foreign-invested companies, and individual professionals. Founder Kh.Tungalagmaa (40+ years of tax experience) leads the firm alongside Executive Director Z.Oyunchimeg and a CPTA/SRTA-credentialed professional team. The firm is also internationally affiliated with the Asian Oceanic Tax Consultants' Association (AOTCA) and the Confédération Fiscale Européenne (CFE).

Name

MONGOLTAX TMZ

Legal name

МОНГОЛТАКС ТМЗ ХХК

Website

https://mongoltax.mn

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

MONGOLTAX TMZ is Mongolia's first licensed professional tax consulting firm, founded in 2006, providing tax advisory, accounting, and training services to enterprises, SMEs, foreign-invested companies, and accounting professionals across four domestic branches.

Ownership category

akta.pro rank

Headquarters

HQ city

Ulaanbaatar

HQ country

Mongolia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Services Revenue: Revenue generated from tax consulting, accounting, and financial advisory services provided to businesses and organizations

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

MONGOLTAX TMZ is a professional tax and accounting consulting firm that delivers three core service lines: Tax Consulting Services (tax advisory, tax planning, tax audit, tax representation, and tax return preparation), Certified Accounting and Outsourcing Services (full/partial bookkeeping, financial statement preparation, payroll outsourcing, and accounting policy documentation), and Finance and Tax Training (courses for accountants, company management, and individuals on finance, tax, cost management, and financial literacy). The firm supplements these with educational publications sold online.

Product overview

MONGOLTAX TMZ is a professional tax and accounting consulting firm that offers three core service lines: Tax Consulting Services (tax advisory, tax planning, tax audit, tax representation, and tax return preparation), Certified Accounting and Outsourcing Services (full/partial bookkeeping, financial statement preparation, payroll outsourcing, and accounting policy documentation), and Finance and Tax Training (professional development courses for accountants, management training, and personal finance education). The company supplements its consulting services with educational publications including the 'Methodological Assistance in Preparing Financial Statements' series, 'Tax and Accounting Test Book', 'Legal Handbook', and the 'Account Tracker'. The firm was established in December 2006 as Mongolia's first legal entity authorized to provide professional tax consulting services.

Differentiator

Problem solved

Functional benefit

Brands

• Татварын мэргэшсэн зөвлөх үйлчилгээ (Tax Consulting Service): Professional tax consulting services including tax planning, audit, representation, and compliance services
• НББ-ийн мэргэшсэн зөвлөх үйлчилгээ (Accounting/Outsourcing Service)
• Санхүү татварын сургалт (Finance and Tax Training)

Products and services

• Tax Consulting Service (Татварын мэргэшсэн зөвлөх үйлчилгээ) Professional tax advisory service providing tax consultation, tax planning, tax audit, tax representation, and tax return preparation to help taxpayers comply with tax legislation and protect their legitimate rights and interests.
• Certified Accounting and Outsourcing Service (НББ-ийн мэргэшсэн зөвлөх үйлчилгээ) Outsourced accounting service providing full or partial bookkeeping, financial statement preparation, payroll processing, and accounting policy documentation to help businesses implement proper accounting systems.
• Finance and Tax Training (Санхүү татварын сургалт) Training services for accountants, financial professionals, company management, and individuals covering finance accounting, tax accounting, cost management, financial statement analysis, and personal financial literacy.
• Methodological Assistance in Preparing Financial Statements (Санхүүгийн тайлан бэлтгэх арга зүйн тусламж) First volume providing methodology for preparing financial statements for manufacturing businesses, covering international accounting standards, financial reporting, software usage, cost allocation, and inventory costing methods.
• Methodological Assistance in Preparing Financial Statements 2 (Санхүүгийн тайлан бэлтгэх арга зүйн тусламж 2) Second volume in a series providing practical guidance for small and medium business owners, accountants, and students on preparing financial statements using the Diamond 5.0 financial software, covering trade sector businesses over a 10-year period.
• Tax and Accounting Test Book (Татвар, нягтлан бодох бүртгэлийн тестийн ном) Test book for accounting students to reinforce theoretical and practical knowledge acquired through the tax and accounting curriculum.
• Legal Handbook (Хууль эрхзүйн гарын авлага) A practical online text tool providing guidance on legal and regulatory matters for tax and accounting professionals.

Quantifiable outcome

• 42,579+ citizens trained in tax education through 1,625 training sessions over 16 years
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• МҮХАҮТ / Mongolian National Chamber of Commerce and IndustrycoreStrategic or Co-development Partner · 1 January 2022Co-organized 'Tax Ethics' discussion events and collaborate on business ethics initiatives with Transparency International Mongolia and Rio Tinto Mongolia
• 4дүгээр Эмнэлэг / 4th HospitalminorOthers · 1 January 2022Provided employee health screening services for all Mongoltax staff
• Эм Жи Эл Партнерс ХХК / MJL Partners LLCminorStrategic or Co-development Partner · 1 January 2020Joint financial education training for client companies in collaboration with legal tax advisory services
• Шинэ Их Тэрбум Аудит ХХК / Shine Ih Terbum Audit LLCminorImplementation/ SI/ Consulting Partner · 1 January 2020Training partner providing anti-money laundering and counter-terrorism financing education for Mongoltax staff
• Мандах Их Сургууль / Mandakh UniversitycoreStrategic or Co-development Partner · 1 January 2009Ongoing partnership since 2009 for organizing cost accounting olympiads for students; also runs '80-hour practice' programs and student essay competitions; collaborated for 13 consecutive years
• Татварын Ерөнхий Газар / General Department of TaxationcoreStrategic or Co-development Partner · 1 January 2006Partnership for publishing Mongolian Tax Statistics Compilations and tax education materials; collaborated on developing tax policy and legislation

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mongoltax.mn
• LinkedInlinkedin.com/company/mongoltax

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MONGOLTAX TMZ