Question 1

What is the standard Corporate Income Tax (CIT) rate in Mongolia?

Accepted Answer

Under the Corporate Income Tax Law (ААНОАТ), taxable profits up to 6 billion MNT are taxed at 10%, while excess profits above 6 billion MNT are taxed at 25%.

Question 2

What is the micro-business simplified CIT regime in Mongolia?

Accepted Answer

Enterprises with annual turnover under 50 million MNT can register for a simplified 1.0% tax on gross sales revenue.

Question 3

When must corporate income tax declarations be submitted?

Accepted Answer

Quarterly advance payments are made by the 20th of the following month, with final annual corporate tax returns submitted by February 10 of the subsequent year.

Question 4

Are foreign-invested companies in Mongolia subject to branch profits tax?

Accepted Answer

Permanent establishments of foreign legal entities pay standard CIT plus a 20% withholding tax on profit remittances to foreign headquarters.

Question 5

What tax incentives exist for businesses operating in regional provinces (Aimags)?

Accepted Answer

Companies operating in remote Aimags located over 500 km or 1,000 km from Ulaanbaatar receive 50% to 90% corporate income tax credits to promote regional development.

Statutory Component	Amount / Metric
Taxable Corporate Net Profit	--
Corporate Income Tax (CIT / ААНОАТ) Payable	--
Effective Corporate Tax Rate	--
Net Retained Earnings After Tax	--
Estimated Advance Quarterly Tax Payment	--

Mongolia Corporate Income Tax (CIT / ААНОАТ) Calculator

Parameters & Inputs

Statutory Calculation Breakdown

📊 Statutory Breakdown Matrix

About This Mongolia 🇲🇳 Statutory Calculator

Engr. Muhammad Shahzad