Mongolia vs Maldives
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
🇲🇳 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.
🇲🇻 Maldives — Island Council Taxes
The Maldives has 188 inhabited islands across 26 atolls administered by island and atoll councils. Councils have limited taxing powers — 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.
Mongolia vs Maldives: Key Tax Differences (2026)
💰 Income Tax: 🇲🇳 Mongolia has a higher top income tax rate (10–25% vs 0–15%). 🇲🇻 Maldives is more favourable for high earners.
🛒 VAT/Sales Tax: Maldives has a higher consumption tax (10% vs 8–16%).
🏢 Corporate Tax: 🇲🇻 Maldives offers a lower corporate rate (15% vs 25%), which can influence business location decisions.
📈 Capital Gains: 🇲🇳 Mongolia taxes investment gains at a lower rate (10% vs 15%), benefiting investors.