Belarus or Mongolia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Belarus and Mongolia weigh about the same on the taxpayer.

Tax Belarus Mongolia Gap
Corporate income tax headline rate 20% 10% to 25% −5.0 points
Personal income tax top bracket 13% to 17% 10% to 20% −3.0 points
VAT standard rate 20% 10% +10.0 points

Detailed schedules

Corporate income tax

Belarus

Tax base up to 25 million BYN 20%
Tax base over 25 million BYN since 2024 25%

Mongolia

n/a

See the Belarus page See the Mongolia page