- Brackets updated
migrated from the production database; research reasoning not recorded.
Top income tax
20.0%
Worldwide system
Corporate tax
25.0%
VAT
10.0%
standard rate
Tax residency
183 days
26 tax treaties
Mongolia tax profile
Data year: 2026
- Tax system
- Worldwide Residents are taxed on worldwide income; non-residents on Mongolia-source income. Employment income uses progressive annual rates of 10%, 15%, and 20% at MNT 120 million and MNT 180 million thresholds (PwC, June 2026). Other common resident rates include 10% on dividends, interest, royalties and net gains on securities, 2% on gross proceeds from immovable property, and 5% on specified creative or sports income. Corporate income tax is 10% on the first MNT 6 billion of annual taxable income and 25% above (plus MNT 600 million on the portion over MNT 6 billion). Entities with annual revenue up to MNT 300 million may pay 1% CIT if not in excluded sectors. Standard VAT is 10%. Withholding on dividends, interest and royalties is generally 10% to residents and 20% to non-residents.
- Top PIT rate
- 20.0%
- Corporate tax rate
- 25.0%
- VAT
- 10.0%
- Capital gains tax
- 10.0% Net gains on movable property including securities are taxed at 10%; gross proceeds from immovable property at 2%. A 5% rate applies to dividends and interest on certain locally listed instruments.
- Social security (employee)
- 11.5%
- Social security (employer)
- 12.5%
- Social security cap (annual)
- MNT 95,040,000
- Dividend withholding
- 10.0%
- Interest withholding
- 10.0%
- Royalty withholding
- 10.0%
- Treaty count
- 26
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| MNT 0 | MNT 6,000,000,000 | 10.0% |
| MNT 6,000,000,000 | and above | 25.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| MNT 0 | MNT 120,000,000 | 10.0% |
| MNT 120,000,000 | MNT 180,000,000 | 15.0% |
| MNT 180,000,000 | and above | 20.0% |
Social security
| Bracket min | Bracket max | Rate |
|---|---|---|
| MNT 0 | MNT 95,040,000 | 11.5% |
Tax residency
- Days threshold
- 183 days
- Residency rules
- An individual is resident if present in Mongolia for 183 or more days within any 12 consecutive months, or if 50% or more of total taxable income is earned or derived from Mongolia.
- Exit tax
- No
- CFC rules
- Yes From 2020, a foreign entity is a CFC when a Mongolian resident entity or permanently resident individual holds 50% or more of shares or voting rights (directly or through a chain) at any time in the year; the CFC is treated as a Mongolian resident except entities established for IPO purposes.
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- February 15
Sources
- PwC Mongolia Tax Summary (accessed Oct 9, 2026) PIT/CIT/VAT, withholding, social insurance, residency, filing deadlines, CFC
- PwC Mongolia — taxes on personal income (accessed Oct 9, 2026) Progressive employment PIT 10/15/20%; other income-type rates
- PwC Mongolia — taxes on corporate income (accessed Oct 9, 2026) CIT 10% / 25% thresholds; 1% micro-entity rate; gross-basis income
- PwC Mongolia — other taxes (accessed Oct 9, 2026) VAT registration thresholds; employer/employee social insurance rates and monthly cap
- PwC Mongolia — group taxation (accessed Oct 9, 2026) CFC rules from 2020
- PwC Mongolia — foreign tax relief and tax treaties (accessed Oct 9, 2026) List of 26 bilateral income tax treaties
- Social Insurance Law of Mongolia (English) (accessed Oct 9, 2026) Employee premium rates; monthly contribution base capped at 10× minimum wage
- KPMG Mongolia — Key Changes in Tax Legislation 2026 (accessed Oct 9, 2026) Cross-check current 2026 CIT/PIT; notes 2027 parliamentary amendments not yet in PwC brackets
Change history
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migrated from the production database; research reasoning not recorded.
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migrated from the production database; research reasoning not recorded.
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migrated from the production database; research reasoning not recorded.
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migrated from the production database; research reasoning not recorded.
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migrated from the production database; research reasoning not recorded.
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migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.
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- Brackets updated
migrated from the production database; research reasoning not recorded.