AZ · AsiaMN · Asia

Azerbaijan vs Mongolia: tax rates compared

Azerbaijan has an income tax rate of 25%, 5pp above Mongolia's 20%. The 200-country average is 28%: both sit below it.

Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%25%Corporate20%25%VAT10%18%Capital Gains10%14%Wealth Tax0%
five shared taxes, side by side
Tax AZ MNDifference
Income Tax25%20%AZ +5 pp
Corporate Tax20%25%MN +5 pp
VAT18%10%AZ +8 pplargest gap
Capital Gains Tax14%10%AZ +4 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Azerbaijan25%Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference+5 ppAzerbaijan higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Azerbaijan20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Mongolia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−5 ppMongolia higher

Mongolia has a corporate tax rate of 25%, 5pp above Azerbaijan's 20%. The 201-country average is 22.6%: Azerbaijan sits below it, Mongolia sits above it.

VAT

VAT, side by side
CountryRateSource
Azerbaijan18%Source: PWC Worldwide Tax Summaries — Azerbaijan (Corporate, Other taxes) · as of 2026-01-09
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference+8 ppAzerbaijan higher

Azerbaijan has a VAT rate of 18%, 8pp above Mongolia's 10%. The 181-country average is 15%: Azerbaijan sits above it, Mongolia sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Azerbaijan14%Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Taxes on personal income) · as of 2026-01-09
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Difference+4 ppAzerbaijan higher

Azerbaijan has a capital gains tax rate of 14%, 4pp above Mongolia's 10%. The 175-country average is 10.3%: Azerbaijan sits above it, Mongolia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Azerbaijan0%Source: PWC Worldwide Tax Summaries — Azerbaijan (Individual, Other taxes) · as of 2026-01-09
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

Azerbaijan and Mongolia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.