Tax Overview in Mongolia

Tax overview for Mongolia (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.

Mongolia · tax year 2025 · changed 25 Jun 2026

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Key figures: Mongolia, 2025

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Tax year

Calendar year (1 January to 31 December)General Taxation Law of MongoliaView source ↗

Currency

Mongolian Tugrik (MNT)Bank of Mongolia

Tax authority

Mongolian Tax Administration (MTA / Tatvaryn Yeronkhii Gazar)General Taxation Law of MongoliaView source ↗

Basis of taxation

Residents taxed on worldwide income; non-residents taxed only on Mongolian-source incomeCorporate Income Tax Law; Personal Income Tax LawView source ↗

Headline personal income tax rate

10% progressing to 20% (top marginal rate) for residents; flat 20% for non-residentsPersonal Income Tax Law of MongoliaView source ↗

Headline corporate income tax rate

10% on the first MNT 6 billion of taxable income; 25% on income above MNT 6 billion (1% small-business rate up to MNT 300m revenue)Corporate Income Tax Law of MongoliaView source ↗

Does VAT exist?

Yes — VAT applies at a standard rate of 10%Value-Added Tax Law of MongoliaView source ↗

Annual personal income tax filing deadline

15 February of the following yearPersonal Income Tax Law of MongoliaView source ↗

The full skill

Mongolian tax system at a glance

Mongolia taxes residents on worldwide income and non-residents on Mongolian-source income, administered by the Mongolian Tax Administration (MTA). The headline taxes are personal income tax, corporate income tax (CIT), VAT and social insurance.

Tax year — Calendar year (1 January to 31 December) (General Taxation Law of Mongolia)
Currency — Mongolian Tugrik (MNT) (Bank of Mongolia)
Tax authority — Mongolian Tax Administration (MTA / Tatvaryn Yeronkhii Gazar) (General Taxation Law of Mongolia)
Basis of taxation — Residents taxed on worldwide income; non-residents taxed only on Mongolian-source income (Corporate Income Tax Law; Personal Income Tax Law)
Headline personal income tax rate — 10% progressing to 20% (top marginal rate) for residents; flat 20% for non-residents percent (Personal Income Tax Law of Mongolia)
Headline corporate income tax rate — 10% on the first MNT 6 billion of taxable income; 25% on income above MNT 6 billion (1% small-business rate up to MNT 300m revenue) percent (Corporate Income Tax Law of Mongolia)
Does VAT exist? — Yes — VAT applies at a standard rate of 10% (Value-Added Tax Law of Mongolia)
Annual personal income tax filing deadline — 15 February of the following year (Personal Income Tax Law of Mongolia)
Annual corporate income tax filing deadline — 10 February after the end of the tax year (Corporate Income Tax Law of Mongolia)
VAT return filing/payment deadline — Monthly — by the 10th day of the following month (Value-Added Tax Law of Mongolia)

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Mongolian tax system at a glance

Tax year — Calendar year (1 January to 31 December) (General Taxation Law of Mongolia)

Currency — Mongolian Tugrik (MNT) (Bank of Mongolia)

Tax authority — Mongolian Tax Administration (MTA / Tatvaryn Yeronkhii Gazar) (General Taxation Law of Mongolia)

Basis of taxation — Residents taxed on worldwide income; non-residents taxed only on Mongolian-source income (Corporate Income Tax Law; Personal Income Tax Law)

Headline personal income tax rate — 10% progressing to 20% (top marginal rate) for residents; flat 20% for non-residents percent (Personal Income Tax Law of Mongolia)

Headline corporate income tax rate — 10% on the first MNT 6 billion of taxable income; 25% on income above MNT 6 billion (1% small-business rate up to MNT 300m revenue) percent (Corporate Income Tax Law of Mongolia)

Does VAT exist? — Yes — VAT applies at a standard rate of 10% (Value-Added Tax Law of Mongolia)

Annual personal income tax filing deadline — 15 February of the following year (Personal Income Tax Law of Mongolia)

Annual corporate income tax filing deadline — 10 February after the end of the tax year (Corporate Income Tax Law of Mongolia)

VAT return filing/payment deadline — Monthly — by the 10th day of the following month (Value-Added Tax Law of Mongolia)