BN · AsiaMN · Asia

Brunei vs Mongolia: tax rates compared

Between the two, Mongolia's income tax rate (20%) tops Brunei's (0%) by 20pp. 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

0102030405060Income0%20%Corporate18.5%25%VAT0%10%Capital Gains0%10%Wealth Tax0%
five shared taxes, side by side
Tax BN MNDifference
Income Tax0%20%MN +20 pplargest gap
Corporate Tax18.5%25%MN +6.5 pp
VAT0%10%MN +10 pp
Capital Gains Tax0%10%MN +10 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Individual, Taxes on personal income) · as of 2026-01-22
Mongolia20%Source: PWC Worldwide Tax Summaries — Mongolia (Individual, Taxes on personal income) · as of 2026-06-08
Difference−20 ppMongolia higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Brunei18.5%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−6.5 ppMongolia higher

Between the two, Mongolia's corporate tax rate (25%) tops Brunei's (18.5%) by 6.5pp. The 201-country average is 22.6%: Brunei sits below it, Mongolia sits above it.

VAT

VAT, side by side
CountryRateSource
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Corporate, Other taxes) · as of 2026-01-22
Mongolia10%Source: PWC Worldwide Tax Summaries — Mongolia (Corporate, Other taxes) · as of 2026-06-08
Difference−10 ppMongolia higher

Between the two, Mongolia's VAT rate (10%) tops Brunei's (0%) by 10pp. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Individual, Income determination) · as of 2026-01-22
Mongolia10%Source: PwC Worldwide Tax Summaries — Mongolia (Individual, Income determination) · as of 2026-06-08
Difference−10 ppMongolia higher

Between the two, Mongolia's capital gains tax rate (10%) tops Brunei's (0%) by 10pp. The 175-country average is 10.3%: both sit below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Brunei0%Source: PWC Worldwide Tax Summaries — Brunei Darussalam (Net wealth/worth tax rates) · as of 2026-01-22
Mongolia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-08
Difference0 ppdisplayed rates match

There's no gap here — Brunei and Mongolia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.