Tax Compliance

PKF-IFS provides a tailored, risk-focused approach to help you meet your corporate tax compliance obligations in Mongolia. These obligations can mean array of requirements depending on the industry and nature of your business. Substantial management is dedicated to this tiresome but important aspect because of increased reporting requirements, a more investigative approach by the tax authorities. Failure of compliance results in harsh financial penalties is expected.

Our professionals will help you minimize your taxes paid by ensuring you benefit from all applicable tax breaks within the framework of relevant tax legislations. We will help you plan your activities in a tax-efficient manner before they are carried out. In addition, with our services you can save time spent dealing with tax-related duties, such as preparation of tax returns, and back and forth dialogue on queries from the tax authorities. Our professionals are able to consult you on issues related to direct and indirect taxes of Mongolia:

• Corporate tax
• Individual tax
• Corporate income tax
• Custom duty
• Value added tax
• Withholding tax
• Social security and others