Asia-Pacific · MNT
Mongolia
Reviewed 2026-06-21
Top income tax
20%
Self-employed SS
Optional
VAT
10%
Capital gains
10%
Exit tax
No
Nomad visa
No
60
/ 100
Tax efficiency53
Ease to enter57
Ease to exit81
Cost of living90
Internet17
English25
Mongolia taxes resident individuals on worldwide income using a mild progressive scale that tops out at 20 percent, with a flat 1 to 25 percent corporate regime and a 10 percent VAT. There is no wealth, inheritance, gift, or exit tax, which makes it attractive on paper, but social insurance is mandatory only for employees while the self-employed sit in a voluntary scheme. The practical drawbacks for a solopreneur are low English proficiency, the absence of a dedicated digital nomad visa, and reliance on an investor or business visa to stay long term.
Personal income tax
Income tax structureProgressive
Top income tax rate20%
Entry income tax rate10%
Top rate threshold$50,420
Taxation basisWorldwide
Local/state income taxNo
Social security
Self-employed social securityOptional
Employee SS rate11.5%
Employer SS rate13.5%
Indirect & other taxes
VAT standard rate10%
Capital gains rate10%
Long-hold CGT exemptionNo
Wealth taxNo
Inheritance/gift taxNo
Property taxNo
Exit & residency
Exit taxNo
EU/EEA deferralNo
Days to trigger residency183 days
Corporate
Corporate income tax rate25%
WHT on dividends10%
CFC rulesYes
Incentives & special regimes
Special expat regimeNo
Immigration & setup
Digital nomad visaNo
Entrepreneur visaYes
Ease of setup3 / 5
Lifestyle
Cost of living index31.4
Internet speed83.35 Mbps
English proficiencyLow
Civil liberties80
Sources
- PwC Worldwide Tax Summaries — Mongolia Individual Taxes on personal income
- PwC Worldwide Tax Summaries — Mongolia Individual Other taxes (social insurance, VAT, no wealth/inheritance/exit tax)
- PwC Worldwide Tax Summaries — Mongolia Corporate Taxes on corporate income
- Invest Mongolia (Government Investment and Trade Agency) — Visa and Residence Permits
- EF EPI — Mongolia English proficiency
Informational only. Nothing here is tax, legal, or financial advice. Tax rules change often and vary by personal circumstance. Verify every figure against an official source and a qualified adviser before acting. Figures are re-expressed from public sources and cited per country.