WorldTax Compareโ† All Comparisons

Malaysia vs Mongolia
Tax Rate Comparison

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

๐Ÿ‡ฒ๐Ÿ‡พ Malaysia
vs
๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0โ€“30%
30% top rate; Pillar Two compliance measures
No change
10โ€“25%
25% top; fiscal windfall from mining
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
10%
Service tax 8% maintained; GST return unlikely
No change
10%
10% stable
No change
Corporate Tax Rate
Corporate Tax Rate
24%
24% stable; potential reduction discussed for competitiveness
No change
10โ€“25%
25% large companies; mining fiscal regime key
No change
Capital Gains Tax
Capital Gains Tax
10โ€“30%
CGT on unlisted shares fully embedded in system
No change
10%
10% maintained
No change
Social Security & Payroll
Social Security / Payroll
~23%
EPF reviewing contribution rates and fund adequacy
No change
~19.8%
Coverage expanding; pension reform
No change
State, Regional & Local Taxes

๐Ÿ‡ฒ๐Ÿ‡พ Malaysia โ€” State & Local Authority Taxes

Malaysia's 13 states and 3 federal territories have limited independent taxing powers. States levy quit rent (cukai tanah) on land, assessment rates (cukai pintu/taksiran) on property through local councils, and royalties on natural resources. Petroleum royalties are a major state revenue in Sabah, Sarawak, and Terengganu. Local councils (majlis perbandaran) levy property assessment at 6%โ€“12% of estimated annual rental value. No state income taxes exist โ€” this is federal.

๐Ÿ‡ฒ๐Ÿ‡ณ 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%โ€“5% on coal, 2.5% on strategic deposits) are national. A new mining law has updated fiscal terms.

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

Malaysia vs Mongolia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia has a higher top income tax rate (0โ€“30% vs 10โ€“25%). ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Both countries have comparable consumption tax rates (10% vs 10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฒ๐Ÿ‡พ Malaysia offers a lower corporate rate (24% vs 25%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia taxes investment gains at a lower rate (10% vs 30%), benefiting investors.

Related Comparisons

๐Ÿ‡ฉ๐Ÿ‡ช Germany vs ๐Ÿ‡ฒ๐Ÿ‡พ MalaysiaTax comparison๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia vs ๐Ÿ‡ฒ๐Ÿ‡พ MalaysiaTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡ต๐Ÿ‡ญ PhilippinesTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡ธ๐Ÿ‡ฌ SingaporeTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ฒ๐Ÿ‡พ Malaysia vs ๐Ÿ‡ป๐Ÿ‡ณ VietnamTax comparison๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ฒ๐Ÿ‡พ MalaysiaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฒ๐Ÿ‡พ MalaysiaTax comparison