Mongolia vs Brunei
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.
๐ง๐ณ Brunei โ No Sub-National Tax Variation
Brunei Darussalam is an absolute monarchy with no sub-national tax variation. The Revenue Division under the Ministry of Finance administers taxes nationally. Brunei has no personal income tax, making it among the most tax-friendly jurisdictions globally. Corporate income tax applies only to companies. Oil and gas revenues fund the government, providing free healthcare, education, and subsidized housing for citizens. Brunei's Government Linked Companies (GLCs) dominate the non-oil economy. The Brunei Darussalam Economic Blueprint targets economic diversification.
Mongolia vs Brunei: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฒ๐ณ Mongolia has a higher top income tax rate (10โ25% vs 0%). ๐ง๐ณ Brunei is more favourable for high earners.
๐ VAT/Sales Tax: Mongolia has a higher consumption tax (10% vs 0%).
๐ข Corporate Tax: ๐ง๐ณ Brunei offers a lower corporate rate (18.5% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ณ Brunei taxes investment gains at a lower rate (0% vs 10%), benefiting investors.