East Asia
Mongolia tax rates 2026
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
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.