Mongolia vs Azerbaijan
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฒ๐ณ Mongolia โ Aimag & Municipal Taxes
Mongolia's 21 aimags (provinces) and Ulaanbaatar city have provincial and local administrations that collect property taxes, vehicle taxes, and business licence fees within national frameworks. The General Department of Taxation (GDT) administers all national taxes. Mongolia's economy is dominated by mining (coal, copper, gold) with Erdenet, Tavan Tolgoi, and Oyu Tolgoi being major revenue sources. Mining royalties (5%โ5% on coal, 2.5% on strategic deposits) are national. A new mining law has updated fiscal terms.
๐ฆ๐ฟ Azerbaijan โ Municipal & Local Taxes
Azerbaijan's 67 districts and Baku have limited independent tax powers. The Ministry of Taxes administers all national taxes centrally. Municipalities collect land and property taxes within national frameworks. Oil and gas companies operate under Production Sharing Agreements (PSAs) with the state oil company SOCAR, which have special tax provisions. ASAN (service centres) have modernized tax filing considerably. The Strategic Road Map (2016) targets economic diversification away from oil revenue dependency.
Mongolia vs Azerbaijan: Key Tax Differences (2026)
๐ฐ Income Tax: Mongolia and Azerbaijan have similar top income tax rates (10โ25% vs 14โ25%).
๐ VAT/Sales Tax: Azerbaijan has a higher consumption tax (10% vs 18%).
๐ข Corporate Tax: ๐ฆ๐ฟ Azerbaijan offers a lower corporate rate (20% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฒ๐ณ Mongolia taxes investment gains at a lower rate (10% vs 20%), benefiting investors.