Asia-Pacific
Currency
MNT
Corporate Tax
25%
Personal Income Tax
10%
VAT / GST
10%
10% on first MNT 6bn; 25% above; mining sector special.
Top rate 10% above MNT 1.5bn/year; 0-10% progressive.
Standard 10%.
Dividends
10%
Interest
10%
Royalties
10%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
~22% total (employer ~12.5% + employee ~11.5%).
Capital Gains Tax
10% (income)
Inheritance / Estate Tax
0%
Capital (Net Worth) Tax
0%
Property Tax
Property tax
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Calendar year
Notes
Mining (stability agreements). Free zones and industrial parks incentives.
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