China - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in China was 338.00 as of 2012. Its highest value over the past 7 years was 832.00 in 2007, while its lowest value was 338.00 in 2012.

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/).

See also:

Year Value
2005 832.00
2006 832.00
2007 832.00
2008 464.00
2009 464.00
2010 358.00
2011 358.00
2012 338.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment