Vietnam vs Mongolia
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇻🇳 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.
🇲🇳 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 vs Mongolia: Key Tax Differences (2026)
💰 Income Tax: 🇻🇳 Vietnam has a higher top income tax rate (5–35% vs 10–25%). 🇲🇳 Mongolia is more favourable for high earners.
🛒 VAT/Sales Tax: Both countries have comparable consumption tax rates (0–10% vs 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.