Employ in Mongolia with ease.
Remote makes employment in Mongolia easy. With our localized contracts, easy invoice management, and best-in-class compliance, you can grow your global team with confidence.
Remote-Owned Local Entity
We own our own entity in the countries where we operate to shield your company from risk and provide you and your employees with the signature Remote experience.
Capital city
Ulaanbaatar
Currency
Mongolian tögrög
(₮, MNT)Languages spoken
Mongolian
Services available:
Facts & Stats
Mongolia is a landlocked country bordered by Russia in the north and China in the south. This Central Asian expanse is filled with breathtaking landscapes of rugged plains and rocky outcrops. The vast swathes of inhospitable land throughout Mongolia make it the world’s most sparsely populated country. Geography aside, Mongolia is rich in history. This proud nation is the birthplace of Genghis Khan and his empire —the largest in human history.
In modern times, the Land of the Eternal Blue Sky has an economy dependent on resources (particularly solid minerals), as well as agriculture, and tourism.
Capital city
Ulaanbaatar
Currency
Mongolian tögrög
(₮, MNT)Languages spoken
Mongolian
Population size
3,353,470 (est. 2020)
Ease of doing business
Easy
Cost of living index
33.17 (2021)
VAT - standard rate
10%
GDP - real growth rate
-5.3% (2020)
Grow your team in Mongolia with Remote
Looking to employ workers in Mongolia? Companies hiring in Mongolia must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.
Remote can employ your team in Mongolia on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Mongolia team. You can also pay contractors now in Mongolia with Remote in some currencies (talk to an expert now for full details).
Employing in Mongolia
Workers rights in Mongolia are protected by the Mongolian Constitution and the Labor Code of 1999, both of which guarantee equal pay for equal work and protections against discrimination based on age, religion, gender expression, and race.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Mongolia.
Minimum wage
The Mongolian minimum wage is currently fixed at MNT420,000 ($134) per month.
Competitive benefits package in Mongolia
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practicing “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
Our benefits packages in Mongolia are tailored to fulfill the local needs of your employees. Typically, our packages contain some or all of the following benefits:
- Health Insurance
- Dental Insurance
- Vision Insurance
- Mental Health Support
- Pension or 401(K)
- Life and Disability Insurance
Calculate the cost to hire an employee
in Mongolia
Taxes in Mongolia
Learn how employment taxes affect your payroll and your employees’ paychecks in Mongolia.
Employer
7%: Pension
2%: Medical Insurance
0.4% - 3%: Benefit Insurance
0.2%: Unemployment Insurance
Employee
11.5%: Social security
Types of leave
Paid time off
Mongolian employees are entitled to 15 days’ paid vacation every year, with additional days depending on the worker’s tenure:
- Six to 10 years of employment: three days
- 11 - 15 years of employment: five days
- 16 - 20 years of employment: seven days
- 21 - 25 years of employment: nine days
- 26 - 31 years of employment: 11 days
- 32+ years of employment: 14 days
Public holidays
Mongolia observes nine national public holidays.
Sick leave
Employees are entitled to paid sick leave for a maximum of 66 working days for each period of sick leave absence. The total amount per year is capped at 132 days.
The first five days of sick leave must be paid by the employer. Any subsequent days are paid from the Social Insurance Fund.
The paid sick leave entitlement applies when an employee is absent due to sickness, household accidents, or due to the instance of a miscarriage or abortion before the 196th day of pregnancy. This sick leave provision is dependent on contributions made to social insurance for a period of at least three months.
Maternity leave
Expectant mothers, both natural and adoptive, are entitled to 120 days of paid (at a rate of 70% of the normal salary) maternity leave, starting 60 days before delivery. Adoptive single fathers are equally entitled to this childcare leave if they’re adopting newborns.
Paternity/parental leave
Parents of children under the age of three can take an extended childcare leave, during which their employer is required to make social insurance payments on their behalf.
Employment termination
Termination process
An employer can terminate a worker for misconduct, dishonesty, poor performance, or any other agreement outlined in an employment contract.
Notice period
The mandatory notice period is 30 days.
Severance pay
Workers are entitled to severance pay equal to a month’s wages if they’re dismissed for military duty, business liquidation, or if they reach retirement age.
Probation periods
Limited to three months.
