China - Time to prepare and pay taxes
Time to prepare and pay taxes (hours)
Time to prepare and pay taxes (hours) in China was 261.00 as of 2014. Its highest value over the past 9 years was 832.00 in 2007, while its lowest value was 261.00 in 2014.
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