WorldTax Compareโ† All Comparisons

Maldives vs Mongolia
Tax Rate Comparison

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

๐Ÿ‡ฒ๐Ÿ‡ป Maldives
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€“15%
15% top; tourism revenue recovery
No change
10โ€“25%
25% top; fiscal windfall from mining
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
8โ€“16%
T-GST 16% maintained; key revenue source
No change
10%
10% stable
No change
Corporate Tax Rate
Corporate Tax Rate
15%
BPT 15% maintained
No change
10โ€“25%
25% large companies; mining fiscal regime key
No change
Capital Gains Tax
Capital Gains Tax
15%
15% via BPT
No change
10%
10% maintained
No change
Social Security & Payroll
Social Security / Payroll
~14%
Pension reform; sustainability challenge
No change
~19.8%
Coverage expanding; pension reform
No change
State, Regional & Local Taxes

๐Ÿ‡ฒ๐Ÿ‡ป Maldives โ€” Island Council Taxes

The Maldives has 188 inhabited islands across 26 atolls administered by island and atoll councils. Councils have limited taxing powers โ€” primarily fees for services. The Maldives Inland Revenue Authority (MIRA) administers all national taxes. Tourism dominates the economy (>60% of GDP via resort islands). The Business Profit Tax (BPT) at 15% and the Tourism Goods and Services Tax (T-GST at 16%) are major revenue sources. No personal income tax exists for residents earning under certain thresholds.

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.

Maldives vs Mongolia: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia has a higher top income tax rate (0โ€“15% vs 10โ€“25%). ๐Ÿ‡ฒ๐Ÿ‡ป Maldives is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Maldives has a higher consumption tax (8โ€“16% vs 10%).

๐Ÿข Corporate Tax: ๐Ÿ‡ฒ๐Ÿ‡ป Maldives offers a lower corporate rate (15% 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 15%), benefiting investors.

Related Comparisons

๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡จ๐Ÿ‡ณ China vs ๐Ÿ‡ฒ๐Ÿ‡ป MaldivesTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong vs ๐Ÿ‡ฒ๐Ÿ‡ป MaldivesTax comparison๐Ÿ‡ฏ๐Ÿ‡ต Japan vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ฏ๐Ÿ‡ต Japan vs ๐Ÿ‡ฒ๐Ÿ‡ป MaldivesTax comparison๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia vs ๐Ÿ‡ฐ๐Ÿ‡ท South KoreaTax comparison๐Ÿ‡ฒ๐Ÿ‡ณ Mongolia vs ๐Ÿ‡น๐Ÿ‡ผ TaiwanTax comparison๐Ÿ‡ง๐Ÿ‡ณ Brunei vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ฐ๐Ÿ‡ญ Cambodia vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison๐Ÿ‡ฑ๐Ÿ‡ฆ Laos vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison