Welcome to the adventure of making Mongolia your tax home! Whether you're a digital nomad, an expat, or a location-independent worker, establishing tax residency in this beautiful country is a straightforward process if you follow these steps carefully.
Step 1: Obtain a Long-Term Visa or Residence Permit
To begin your journey towards tax residency, you must first secure a long-term visa or residence permit. This involves applying through the Mongolian Immigration Agency, providing necessary documents such as a valid passport, application forms, proof of accommodation, and sometimes a health certificate. Ensure you meet all the criteria set by the immigration authorities.
Step 2: Register Your Address
Once you have your long-term visa or residence permit, the next step is to register your address with the local authorities. This is done at the Citizens' Registration and Information Center in the district where you reside. You'll need to provide your passport, residence permit, and proof of address, such as a lease agreement or utility bill.
Step 3: Stay in Mongolia for More Than 183 Days
To qualify as a tax resident in Mongolia, you must stay in the country for more than 183 days within a 12-month period. It's important to keep a record of your entry and exit dates, as immigration will track this to determine your tax residency status.
Step 4: Open a Mongolian Bank Account
Opening a local bank account is a crucial step, as it demonstrates your intention to establish economic ties with Mongolia. Visit a local bank with your passport, residence permit, and proof of address to open an account. Some banks may also require a minimum deposit.
Step 5: Register with the Tax Authority
The final step is to register with the Mongolian Tax Authority. You will need to fill out the appropriate forms and provide documentation such as your passport, residence permit, and proof of address. Once registered, you will receive a Taxpayer Identification Number (TIN), which signifies your tax residency in Mongolia.
Legal References
- Mongolian Immigration Law
- Law on the Legal Status of Foreign Citizens
- General Taxation Law of Mongolia
Useful Links
