Mongolia

Asia

PIT on worldwide business income at progressive rates starting at 10%, reaching 15-25% only at high income. Crypto is unregulated but payouts are declared as ordinary income, not capital gains.

How it's classified

Business/self-employment income taxed under PIT (residents taxed on worldwide income), not capital gains.

Tax rate

Progressive PIT 10 / 15 / 20-25% (10% up to MNT 120m); effectively 10% for most.

Social contributions

Social insurance contributions apply; the self-employed can contribute voluntarily/under set rates.

Registration / regime

No special low-tax self-employed regime; file an annual PIT return on worldwide income; most income lands in the 10% band.

Crypto payouts

No specific crypto legislation; USDC payout treated as ordinary income (10-25%) at standard PIT rates.

Sources

taxsummaries.pwc.com

General information only — this is not tax or legal advice. Rules change and depend on your situation. Always confirm with a qualified tax professional in your country.

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