🇲🇳 Mongolia tax

• On: Worldwide income of permanent residents
• Who: Permanent resident: 183 days or more in Mongolia in a continuous 12 months
• Limit: MNT 120M/yr ≈ $33k

A permanent resident taxpayer (183 days or more in 12 consecutive months, or 50% or more of income from Mongolia) is taxed on income from Mongolia and abroad; since 1 January 2023 employment income is taxed at 10% up to MNT 120 million (≈ $33,300), 15% from 120 to 180 million and 20% above. A law of 26 June 2026 changes the scale from 1 January 2027. ^{1 2 3 4 5}

Taxed on

Worldwide income of permanent residents; Mongolia-source income of non-residents (flat 20%). Employment income after social and health insurance deductions at 10% / 15% / 20%.

Who it applies to

• Permanent resident: 183 days or more in Mongolia in a continuous 12 months, or 50% or more of taxable income derived from Mongolia, or work of 183 days or more confirmed by contract and permit.
• From 1 January 2027 (law of 26 June 2026): income up to MNT 9,504,000 (≈ $2,640) a year is taxed at 0%, then 10% up to MNT 120 million (≈ $33,300), 15% up to MNT 180 million (≈ $49,900) and 20% above. From 1 January 2028 a 1% band applies between MNT 9,504,000 (≈ $2,640) and MNT 24,000,000 (≈ $6,660).

Exclusions

• Foreigners appointed to diplomatic missions, consulates and the United Nations system, and their family members, are not permanent residents.

Limits

• MNT 120,000,000 a year (≈ $33,300) · Employment income up to MNT 120,000,000 (≈ $33,300) taxed at 10%
• MNT 180,000,000 a year (≈ $49,900) · MNT 120 (≈ $0)-180 million: MNT 12 million (≈ $3,330) plus 15% of the excess over 120 million; above 180 million: MNT 21 million (≈ $5,830) plus 20% of the excess

Days in the country

• At least 183 days in 12 consecutive months · Permanent resident taxpayer; alternatively 50% or more of taxable income from Mongolia

Tax residence

Foreign-source income of a permanent resident is declared and paid by 15 February of the following year.

Visas

Residence status depends on days of stay and income source, not visa type.

Other taxes

Corporate income tax 10% on profit up to MNT 6 billion (≈ $1,660,000) and 25% above; VAT 10% with registration from MNT 50 million (≈ $13,900); withholding tax 20% on foreign payments; employee social insurance 9.5%, employer 10.5% to 12.5%.

Checked against official sources on 12 Oct 2026Change log

• On: Corporate profit
• Who: Small businesses under MNT 300 million (≈ $83,200) turnover can use the 1% preferential rate
• Limit: MNT 6B/yr ≈ $1.7M

Corporate income tax is 10% on profit up to MNT 6 billion (≈ $1,660,000) and 25% on the excess, with 1% for small businesses under MNT 300 million (≈ $83,200) turnover; VAT is 10% with registration from MNT 50 million (≈ $13,900) turnover. ⁵

Taxed on

Corporate profit; VAT on taxable supplies.

Who it applies to

• Small businesses under MNT 300 million (≈ $83,200) turnover can use the 1% preferential rate.

Limits

• MNT 6,000,000,000 a year (≈ $1,660,000) · Corporate income tax 10% up to this profit, 25% above
• MNT 300,000,000 a year (≈ $83,200) · Turnover limit for the 1% small business rate
• MNT 50,000,000 a year (≈ $13,900) · VAT mandatory registration threshold

Visas

Tax treatment is the same for every visa type.

Other taxes

Withholding tax 20% on foreign payments (reducible by treaty); stabilisation certificates fix CIT, VAT, customs and royalty rates for 5 to 15 years.

Checked against official sources on 10 Oct 2026Change log