1. General information: language, time difference, currency, import volume, popular messenger, popular social network, port of delivery
Currency: Mongolian Tughrik
Time difference: (-1)
Import Volume: 36,919 unit per year (2019)
Popular messenger: Facebook messenger
Social network: Facebook-94%
Port of delivery: Ulaanbaatar
2. Useful web sites with information
3. Local used car sales web site (for leads collection)
4. Main competitors
AUTOCOM JAPAN (office in Mongolia, cars in the way to Mongolia https://autocj.co.jp/used_cars?log=1&cnt=151&scnt=1&sno=99
SBT JAPAN (office in Mongolia)
NIKYO (office in Mongolia)
BEFORFARD JAPAN (partner office in Mongolia "1000 mashin" https://1000mashin.mn/
!Payment terms of above companies: 50%-50%, for big customers 30%-70%
5. Import: year, certification, documents required
Manufacture year is not important, but for cars older than 9 years the customs tax is too expensive.
Certification in Japan is not required.
BL,invoice (usually undervalue), original export certificate.
6.Shipping companies list, vessels list, delivery cost, shipping method
RO/RO and container delivery are available from Japan to Mongolia. Container shipping is preferable, since in case of ro/ro shipping many people involved and some parts of vehicle could be missed.
Logistics company: SYNC LOGISTICS https://www.sync-logi.com/
Freight, 40 FHC- Yokohama/ Kobe/ Nagoya/ Hakata - Ulaanbaator- $3,200 USD
Freight, 40 FHC- Toyama- Ulaanbaator- $3,700 USD
Vanning should be from 5 units, Mongolians disagree to load 4 units in one container.
Japan- Xingang (Tianjin), China- 5 days (ship)
Xingang (Tianjin)-Zamyn Uud- 7 days (Chinese railways)
Zamyn Uud- Ulaanbatar- 2 days (Mongolian railways)
8. Financial institutions, credit companies
Banks that provide vehicles credits:
XAC Bank www.xacbank.mn
CAPITRON Bank www.capitronbank.mn
9. Local customs clearance procedure and the list of local brokers
Mongolian Customs web site: http://www.customs.gov.mn/en/k2-items/2014-03-25-01-12-56
Import tax formula: Excise Duty + Customs Duty + VAT
CUSTOMS DUTY is 5% of invoice value
VAT (value added tax-13%)- is 13% of CIF price
US$5 for basic declaration
US$8 for basic intensive and simplified customs declaration
US$5 for every additional declaration.
Payments for the charged services are to be made in MNT at the US Dollar rate of the day.
10. Business proposal
11. Popular units