Mongolia Payroll & EOR Service | Pay in MNT T+0 | PayDD

Pay Mongolia Teams in MNT

• Settlement Speed: T+1
• Local Payment Methods: Bank Transfer, SWIFT
• Employer Tax Estimate: ~10-20%
• Compliance Level: Moderate

Mongolia Compliance

In Mongolia, employment is governed by the Labor Law of Mongolia, with the General Authority for Social Insurance (GASI) overseeing social security. Employer contributions for pension and social insurance are a key component of the estimated 10-20% tax burden. The standard payroll cycle is monthly. A major risk for foreign companies is misclassifying employees as contractors, leading to severe penalties. As your official Employer of Record (EOR), PayDD assumes all legal liability. We correctly classify workers, manage mandatory monthly filings with GASI, and ensure timely payment of all employer contributions, fully mitigating this risk.

Case Study

A Singapore-based renewable energy firm needed to deploy three engineers to a wind farm project in Ulaanbaatar. They faced slow SWIFT transfers and complex local employment contracts. By using PayDD's Mongolia EOR service, the engineers were onboarded with AI KYC in 2 hours and employed fully compliantly under Mongolian law. PayDD's T+0 settlement enabled instant salary payments in MNT via local bank transfer, eliminating 5-day delays. The firm saved 15 hours per month on admin and avoided all risk of misclassification penalties.

Why PayDD for Mongolia Payroll?

• T+0 instant settlement — faster than SWIFT's 3–5 business days
• 2-hour AI KYC onboarding — start paying same day
• EOR from $79/person/month — vs $599 industry average
• 180+ countries, 100+ currencies, full audit trail