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

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Paying Taxes

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