Not a Latitax destination
Mongolia
Low rates (20% top on salary, 10% on most other income) and a UK treaty, but a commodity-driven economy with thin banking and investor protection.
Income tax, top rate
Secondary20%
Progressive 10/15/20% on employment income; most other income taxed at a flat 10%.
Source: PwC Worldwide Tax Summaries - Mongolia · checked 2026-09-29Capital gains
Unverified10%
Best reading for individual gains on shares; PwC refers to the individual summary for the rate, which was not confirmed.
Source: PwC Worldwide Tax Summaries - Mongolia · checked 2026-09-29Corporate
Secondary25%
10% on the first MNT 6 billion of taxable income.
Source: PwC Worldwide Tax Summaries - Mongolia · checked 2026-09-29Looking for somewhere that works?
See the jurisdictions where a lawful move genuinely cuts tax.
See the right countries- s1PwC Worldwide Tax Summaries - Mongoliasecondary · checked 2026-09-29
- s2GOV.UK - Tax treatiesprimary · checked 2026-09-29