Nigeria - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Nigeria was 343.37 as of 2019. Its highest value over the past 6 years was 429.42 in 2016, while its lowest value was 343.37 in 2019.

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
2013 429.42
2014 429.42
2015 429.42
2016 429.42
2017 360.37
2018 347.37
2019 343.37

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment