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$249/month
$49/month
2% of gross salary / month
Horizons ensures day-to-day guidance to help your business navigate Mongolia labor laws and regulations.
As the Mongolia Employer of Record, Horizons is responsible for employee income tax withholding, payment of payroll taxes to state authorities, and submission of tax returns to the Mongolia Tax Office.
Partnering with our Mongolia EOR is the quickest and most cost-effective way to enter the Mongolia market.
Note, a Mongolia Employer of Record is also known as a Mongolia Professional Employer Organization (PEO).
Hire in Mongolia, and pay employees through our platform or app.
Our Mongolia EOR solution is the most affordable on the market.
Fast onboarding in Mongolia, hire in as little as 24 hours.
We draft labor contracts compliant with Mongolian labor law.
We administer all mandatory benefits and contributions in Mongolia.
It doesn’t stop with Mongolia — we are an international EOR
When hiring in Mongolia, employers are legally required to provide written contracts of employment. These contracts should always include any relevant details of the employment, such as salary/wage information, expected duties, and working hours, and should be written in Mongolian and use the local currency of Mongolian tugrik (or tögrög).
3 months (max.)
30 days (standard)
1 month salary, if termination is related to military service, company liquidation, or retirement
3 months (max.)
30 days (standard)
1 month salary, if termination is related to military service, company liquidation, or retirement
The standard working week for employees in Mongolia is 40 hours spread over five days.
There are several public holidays in Mongolia, for which most employees receive the day off each year.
Date | Holiday name |
---|---|
1 Jan Wednesday | New Year’s Day |
1 Mar – 3 Mar (Saturday to Monday) | Tsagaan Sar Holiday |
8 Mar Saturday | International Women’s Day |
1 Jun Sunday | Children’s Day |
11 Jun Wednesday | Great Buddha Day |
11 Jul – 15 Jul (Friday to Tuesday) | Naadam Holiday |
21 Nov Friday | Genghis Khan Day |
26 Nov Wednesday | Republic Day |
29 Dec Monday | Independence Day |
Employees in Mongolia are usually entitled to a base allowance of 15 days, which increases with the employee’s length of service. After six years of service, employees are granted an additional three days of paid vacation leave, and this increases gradually up to a maximum of 14 extra days after 32 years of service.
Female employees in Mongolia are entitled to four months (120 days) of paid maternity leave. This period is compensated at a minimum of 70% of normal pay.
Employers and employees in Mongolia are generally required to give notice of termination of an employment contract. The length of notice depends on the precise reason for termination, but usually between 30 days and two months. Additionally, employees are usually entitled to around 30 days of normal pay as severance upon dismissal.
Employees and employers in Mongolia are both required to pay toward social security. Each pay equally, with 7% of salary paid to pension, 0.2% to unemployment insurance, and 2% to medical insurance. Additionally, employees must pay a small contribution toward benefit insurance (up to 3%).
Income tax in Mongolia is progressively rated so varies depending on income level. For residents, the rates are between 10% and 40%. For non-residents, there is a flat rate of 20%.
Corporate tax in Mongolia is set at between 1% and 25% depending on profits.
There is a state-funded healthcare system in Mongolia, but many employers do offer private medical insurance to employees so it may be expected as part of a benefits package.
The mandatory minimum wage in Mongolia is set at 660,000 tugriks per month (as of 2024).
Employees in Mongolia often expect benefits packages as part of their employment agreements, so you may need to set up a benefits management system when hiring in the country. But setting up and managing a benefits system in Mongolia can be complicated, particularly if you are unfamiliar with the country’s unique regulations and procedures.
Outsourcing your benefit management process can save you time and money, and ensure you are fully compliant with the relevant laws. Horizons can simplify your Mongolia benefits management, with our Mongolia experts setting up and managing everything for you to help you focus on a successful expansion operation.
Hire borderless talent with Horizons
With Horizons, you get quick service, transparent pricing, and expert support.
Generally speaking, the terms “Mongolia PEO” and “Mongolia EOR” are used interchangeably.
In most cases, Horizons’ Mongolia EOR can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Mongolia.
It is possible to get a work visa in Mongolia. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Mongolia are limited, however—get started today to secure your employees’ visa spot.