China - Time to prepare and pay taxes
Time to prepare and pay taxes (hours)
Definition: Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
Sub-Topic: Business environment