The tax year is the calendar year in Mongolia.
Taxpayers are required to file annual tax returns by 10 February of the following tax year. Taxpayers are also required to file quarterly tax returns within 20 days of the month following the end of each quarter.
Advance tax is paid by 25th day of every month based on the preceding year’s payment schedule, whereas, final tax due is paid alongwith the annual tax returns i.e. by 10 February.
Tax returns can be filed electronically.