East Asia
Mongolia: tax at a glance
A relatively light-tax resource economy. Personal income tax tops out at 20%, corporate rates rise progressively to 25%, VAT sits at 10%, and there is no inheritance or wealth tax.
Worldwide (residence-based)
Last verified
The taxes
- Personal income (top)
- 20%Residents are taxed on worldwide employment income at a progressive 10 to 20%. Non-residents pay a flat 20% on Mongolia-source income.
- Corporate income
- 25%
- Capital gains
- Sales of immovable property are taxed at 2% of gross proceeds. Sales of other assets or rights are taxed on a gross basis, at 20% for non-residents.
- VAT
- 10%
- Dividends (WHT)
- 10% for residents, 20% for non-residents.
- Interest (WHT)
- 10% for residents, 20% for non-residents.
- Royalties (WHT)
- 10% for residents, 20% for non-residents.
- Social security (employee)
- 11.5%
- Social security (employer)
- 12.5–14.5%, depending on the industry.
- Wealth tax
- None
- Inheritance / estate
- There is no estate or gift tax here.
- Property tax
- Immovable property tax runs 0.6–2% of the property's value.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.