Article 6.  Forms for Implementing Foreign Investment.

1. Foreign investment shall be implemented in the following forms:

1) establishing a wholly foreign owned business entity or a local branch or subsidiary of a foreign enterprise,

2) establishing a business entity jointly with a Mongolian investor,

3) investing directly by acquiring shares or other securities of an existing Mongolian business entity using freely convertible currency or tugrigs yielded by an investment, including purchasing shares or other securities which were issued as investment coupons under the Privatization Law of Mongolia,

4) acquiring rights conferred by law or contract to exploit and process natural resources,

5) The conducting by a foreign investor of joint business activities with a Mongolian investor pursuant to an investment contract jointly with a Mongolian investor without creating a legal entity,

6) establishment of  representative offices of foreign companies.