Paying Taxes

This topic addresses the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The table below shows the main indicators. They include:

total number of tax payments per year
time it takes to prepare, file and pay (or withhold) the corporate income tax, the value added tax and social security contributions (in hours per year)
amount of taxes on profits paid by the business as a percentage of commercial profits
amount of taxes and mandatory contributions on labor paid by the business as a percentage of commercial profits. This amount include mandatory social security contributions paid by the employer both to public and private entities, as well as other taxes or contributions related to employing workers.
amount of taxes and mandatory contributions paid by the business that are not already included in the previous 2 categories
total amount of taxes and mandatory contributions payable by the business

To see the details for a specific economy, use the dropdown box on the right or click on the links below. Click on column headers to sort data.

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Paying Taxes 2010 - The Global Picture - This new report provides data on total tax rates, payment frequency, and the time needed to comply with tax regulations in 183 economies.

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The Effect of Corporate Taxes on Investment and Entrepreneurship, by Djankov and others (PDF, 761KB), January 2008

Region or Economy	Payments (number per year)	Time (hours per year)	Profit tax (%)	Labor tax and contributions (%)	Other taxes (%)	Total tax rate (% profit)
South Asia	31.3	284.5	17.9	7.8	14.2	40.0
East Asia & Pacific	24.6	227.2	18.3	10.3	7.5	36.1
Sub-Saharan Africa	37.7	306.0	23.9	13.1	30.5	67.5
Latin America & Caribbean	33.2	385.2	20.4	14.7	13.2	48.3
Middle East & North Africa	22.9	204.2	12.7	15.2	5.0	32.9
Eastern Europe & Central Asia	46.3	336.3	10.9	23.1	9.4	43.4
OECD	12.8	194.1	16.8	24.4	3.3	44.5
Afghanistan	8	275	0.0	0.0	36.4	36.4
Angola	31	272	24.6	0.0	28.5	53.2
Bangladesh	21	302	25.7	0.0	9.2	35.0
Botswana	19	140	16.2	0.0	0.9	17.1
Comoros	20	100	31.4	0.0	9.8	41.1
Eritrea	18	216	8.8	0.0	75.8	84.5
Ethiopia	19	198	26.8	0.0	4.3	31.1
Georgia	18	387	13.3	0.0	2.0	15.3
Lesotho	21	324	14.9	0.0	3.7	18.5
Maldives	1	0	0.0	0.0	9.1	9.1
Suriname	17	199	27.9	0.0	0.0	27.9
Syrian Arab Republic	20	336	23.2	0.0	19.7	42.9
Timor-Leste	6	276	0.0	0.0	0.2	0.2
Tonga	20	164	26.3	0.0	1.2	27.5
West Bank and Gaza	27	154	16.2	0.0	0.6	16.8
Cambodia	39	173	19.1	0.1	3.5	22.7
Macedonia, FYR	40	75	12.1	0.8	3.5	16.4
Namibia	37	375	4.0	1.0	4.6	9.6
Malawi	19	157	24.0	1.1	0.7	25.8
Bhutan	18	274	35.0	1.1	4.4	40.6
Denmark	9	135	22.0	2.2	5.0	29.2
South Africa	9	200	24.5	2.4	3.3	30.2
New Zealand	8	70	29.4	2.6	0.8	32.8
Chile	10	316	17.9	3.8	3.5	25.3
Swaziland	33	104	28.1	4.0	4.5	36.6
Vanuatu	31	120	0.0	4.5	3.9	8.4
Mozambique	37	230	27.7	4.5	2.1	34.3
Mauritius	7	161	10.6	5.0	7.3	22.9
Zimbabwe	51	270	24.2	5.1	10.1	39.4
St. Vincent and the Grenadines	32	117	32.5	5.1	3.4	41.0
Hong Kong, China	4	80	18.6	5.3	0.3	24.2
Israel	33	230	24.7	5.3	2.5	32.6
Liberia	32	158	0.0	5.4	38.3	43.7
Kosovo	33	163	21.2	5.6	1.5	28.3
Brunei Darussalam	15	144	24.7	5.6	0.0	30.3
St. Lucia	32	92	25.9	5.6	2.9	34.4
Grenada	30	140	27.6	5.6	12.1	45.3
Lao PDR	34	362	25.2	5.6	2.9	33.7
Thailand	23	264	29.0	5.7	2.5	37.2
Rwanda	34	160	21.2	5.7	4.4	31.3
Trinidad and Tobago	40	114	21.6	5.8	5.8	33.1
Bahamas, the	17	58	0.0	6.1	40.9	47.0
Palau	19	128	0.0	6.5	66.5	73.0
Micronesia, Fed. Sts.	21	128	52.0	6.8	0.0	58.7
São Tomé and Principe	42	424	35.5	6.8	4.9	47.2
Kenya	41	417	33.1	6.8	9.9	49.7
Samoa	37	224	11.9	7.0	0.0	18.9
Belize	40	147	20.4	7.0	1.4	28.9
Cyprus	27	149	9.6	7.1	12.0	28.8
Burundi	32	140	19.4	7.8	251.4	278.6
Congo, Dem. Rep.	32	308	58.9	7.9	255.2	322.0
Dominica	38	120	25.9	7.9	3.2	37.0
Central African Republic	54	504	176.8	8.1	18.9	203.8
Kiribati	7	120	23.4	8.5	0.0	31.8
Solomon Islands	33	80	24.9	8.5	3.0	36.3
Guyana	34	288	26.8	8.8	3.3	38.9
Antigua and Barbuda	56	207	26.0	9.5	6.0	41.5
United States	10	187	27.9	9.6	8.8	46.3
Kazakhstan	9	271	23.5	9.6	2.7	35.9
Nigeria	35	938	21.8	9.7	0.7	32.2
Fiji	33	150	30.8	10.2	0.2	41.2
Philippines	47	195	24.9	10.3	14.2	49.4
Zambia	37	132	1.7	10.4	4.0	16.1
Indonesia	51	266	26.9	10.6	0.1	37.6
Honduras	47	224	26.7	10.7	10.9	48.3
Kuwait	15	118	4.7	10.7	0.0	15.5
United Kingdom	8	110	21.9	11.0	3.1	35.9
Peru	9	380	12.1	11.0	17.2	40.3
St. Kitts and Nevis	24	155	32.7	11.3	8.8	52.7
Nepal	34	338	16.8	11.3	10.7	38.8
Qatar	1	36	0.0	11.3	0.0	11.3
Uganda	32	161	23.3	11.3	1.1	35.7
Yemen, Rep.	44	248	35.1	11.3	1.4	47.8
Sierra Leone	29	357	0.0	11.3	224.3	235.6
Papua New Guinea	33	194	22.0	11.7	8.6	42.3
Oman	14	62	9.7	11.8	0.1	21.6
Marshall Islands	21	128	0.0	11.8	53.0	64.9
Ireland	9	76	11.9	12.1	2.5	26.5
Haiti	42	160	23.3	12.4	4.3	40.1
Jordan	26	101	15.1	12.4	3.6	31.1
Saudi Arabia	14	79	2.1	12.4	0.0	14.5
Mongolia	43	192	9.3	12.4	1.1	22.8
Canada	9	119	23.9	12.5	7.2	43.6
Puerto Rico	16	218	25.3	12.6	26.9	64.7
Korea, Rep.	14	250	17.1	12.7	2.1	31.9
Iceland	31	140	7.2	12.8	5.1	25.0
Gambia, the	50	376	41.4	12.8	238.2	292.4
Jamaica	72	414	28.6	13.0	9.7	51.3
Iraq	13	312	14.9	13.5	0.0	28.4
Ecuador	8	600	18.5	13.7	2.8	34.9
United Arab Emirates	14	12	0.0	14.1	0.0	14.1
Ghana	33	224	18.1	14.1	0.6	32.7
Guatemala	24	344	25.9	14.3	0.7	40.9
Bahrain	25	36	0.0	14.7	0.4	15.0
Singapore	5	84	7.9	14.9	5.0	27.8
Pakistan	47	560	14.3	15.0	2.3	31.6
Luxembourg	22	59	4.1	15.3	1.5	20.9
Bolivia	42	1,080	0.0	15.5	64.6	80.0
Uruguay	53	336	28.3	15.6	2.9	46.7
Malaysia	12	145	16.5	15.6	2.1	34.2
Norway	4	87	24.4	15.9	1.3	41.6
Japan	13	355	33.9	16.5	5.3	55.7
Switzerland	24	63	9.7	16.6	3.3	29.7
Taiwan, China	18	281	19.5	16.7	4.2	40.4
Sri Lanka	62	256	26.5	16.9	20.3	63.7
El Salvador	53	320	17.0	17.2	0.8	35.0
Guinea	56	416	21.9	17.3	10.7	49.9
Netherlands	9	164	20.7	17.3	1.3	39.3
Bosnia and Herzegovina	51	422	4.9	17.6	4.6	27.1
Mauritania	38	696	61.9	17.6	6.6	86.1
Djibouti	35	114	17.7	17.7	3.3	38.7
Dominican Republic	9	324	19.3	17.8	1.8	39.0
Tanzania	48	172	19.9	18.0	7.3	45.2
Venezuela, R.B.	71	864	8.1	18.0	34.9	61.1
India	59	271	25.1	18.2	21.4	64.7
Cameroon	41	1,400	27.4	18.3	4.8	50.5
Cape Verde	56	100	18.6	18.5	12.6	49.7
Paraguay	35	328	9.6	18.6	6.7	35.0
Montenegro	89	372	8.3	18.8	1.8	28.9
Nicaragua	64	240	24.9	19.2	19.2	63.2
Sudan	42	180	13.8	19.2	3.1	36.1
Vietnam	32	1,050	20.6	19.2	0.3	40.1
Croatia	17	196	11.4	19.4	1.6	32.5
Niger	41	270	20.1	19.6	6.8	46.5
Slovenia	22	260	15.2	19.9	2.4	37.5
Côte d'Ivoire	66	270	9.0	20.1	15.7	44.7
Serbia	66	279	11.6	20.2	2.2	34.0
Madagascar	23	201	16.6	20.3	2.3	39.2
Australia	12	107	25.8	21.0	1.1	48.0
Kyrgyz Republic	75	202	3.2	21.4	34.7	59.4
Poland	40	395	17.3	21.9	3.3	42.5
Germany	16	196	17.4	22.0	5.6	44.9
Morocco	28	358	18.1	22.2	1.4	41.7
Burkina Faso	46	270	16.1	22.6	6.2	44.9
Seychelles	16	76	20.8	22.6	0.7	44.1
Panama	59	482	17.1	22.6	10.4	50.1
Gabon	26	272	19.7	22.7	2.3	44.7
Bulgaria	17	616	4.5	22.9	3.9	31.4
Armenia	50	958	12.1	23.0	1.1	36.2
Turkey	15	223	17.0	23.1	4.4	44.5
Chad	54	122	31.3	23.9	5.7	60.9
Lebanon	19	180	6.1	24.1	0.0	30.2
Senegal	59	666	14.8	24.1	7.0	46.0
Azerbaijan	22	376	13.8	24.8	2.2	40.9
Guinea-Bissau	46	208	14.9	24.8	6.1	45.9
Tunisia	22	228	15.0	25.2	22.5	62.8
Equatorial Guinea	46	296	13.5	25.4	20.6	59.5
Egypt, Arab Rep.	29	480	13.8	25.6	3.6	43.0
Iran, Islamic Rep.	22	344	17.9	25.9	0.4	44.2
Mexico	6	517	22.9	26.7	1.3	51.0
Portugal	8	328	14.3	26.8	1.9	42.9
Uzbekistan	106	356	1.7	27.1	66.1	94.9
Latvia	7	279	2.2	27.2	3.7	33.0
Togo	53	270	11.1	28.3	13.3	52.7
Tajikistan	54	224	17.7	28.5	39.7	85.9
Costa Rica	42	282	18.9	29.3	6.6	54.8
Argentina	9	453	2.9	29.4	75.8	108.1
Finland	8	243	17.1	29.6	1.0	47.7
Algeria	34	451	6.6	29.7	35.7	72.0
Moldova	48	228	0.0	30.8	0.3	31.1
Greece	10	224	13.9	31.7	1.9	47.4
Russian Federation	11	320	10.9	31.8	5.7	48.3
Albania	44	244	8.0	31.9	5.1	44.9
Mali	58	270	12.9	32.6	6.6	52.1
Benin	55	270	16.7	32.7	23.9	73.3
Congo, Rep.	61	606	0.0	32.9	32.6	65.5
Colombia	20	208	17.7	33.9	27.1	78.7
Romania	113	202	8.2	34.2	2.2	44.6
Austria	22	171	16.1	34.6	4.9	55.5
Lithuania	12	166	4.1	35.1	3.5	42.7
Spain	8	213	21.2	35.1	0.5	56.9
Sweden	2	122	16.4	36.6	1.6	54.6
Estonia	10	81	8.1	37.5	3.5	49.1
Hungary	14	330	9.1	39.4	8.9	57.5
Czech Republic	12	613	4.7	39.5	3.0	47.2
Belarus	107	901	22.1	39.6	38.1	99.7
Slovak Republic	31	257	7.1	39.6	1.9	48.6
Brazil	10	2,600	21.3	41.3	6.6	69.2
Ukraine	147	736	12.3	43.1	1.9	57.2
Italy	15	334	22.9	43.4	2.1	68.4
China	7	504	6.3	49.6	7.9	63.8
Belgium	11	156	5.3	50.2	1.8	57.3
France	7	132	8.2	51.7	5.9	65.8

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Paying Taxes

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