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Mongolia vs Vietnam
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇲🇳 Mongolia
vs
🇻🇳 Vietnam
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
10–25%
25% top; fiscal windfall from mining
No change
5–35%
Tax reform discussions; personal deduction amounts updating
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
10%
10% stable
No change
0–10%
10% standard rate restored; no further reduction
No change

Corporate Tax Rate

Corporate Tax Rate
10–25%
25% large companies; mining fiscal regime key
No change
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change

Capital Gains Tax

Capital Gains Tax
10%
10% maintained
No change
0.1–20%
0.1% securities, 2% property; no change
No change

Social Security & Payroll

Social Security / Payroll
~19.8%
Coverage expanding; pension reform
No change
~32%
Social insurance law revision expanding coverage
No change
State, Regional & Local Taxes

🇲🇳 Mongolia — 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%–5% on coal, 2.5% on strategic deposits) are national. A new mining law has updated fiscal terms.

🇻🇳 Vietnam — Provincial & Local Taxes

Vietnam's 63 provinces and municipalities have limited independent taxing powers. The General Department of Taxation (GDT) administers national taxes through provincial tax departments. Provinces may levy natural resource taxes (NRT) on extractive industries at 1%–40% of resource value, and certain fees. Land use fees and land lease fees vary by province based on Land Prices Tables set annually by provincial People's Committees. Ho Chi Minh City and Hanoi have the highest land prices.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Mongolia vs Vietnam: Key Tax Differences (2026)

💰 Income Tax: 🇻🇳 Vietnam has a higher top income tax rate (10–25% vs 5–35%). 🇲🇳 Mongolia is more favourable for high earners.

🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 0–10%).

🏢 Corporate Tax: 🇻🇳 Vietnam offers a lower corporate rate (20% vs 25%), which can influence business location decisions.

📈 Capital Gains: 🇲🇳 Mongolia taxes investment gains at a lower rate (10% vs 20%), benefiting investors.

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