China - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in China was 398.00 as of 2011. Its highest value over the past 6 years was 872.00 in 2007, while its lowest value was 398.00 in 2010.

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/).

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Year	Value
2005	872.00
2006	872.00
2007	872.00
2008	504.00
2009	504.00
2010	398.00
2011	398.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment