Cyprus - Time to prepare and pay taxes

Time to prepare and pay taxes (hours)

Time to prepare and pay taxes (hours) in Cyprus was 119.50 as of 2019. Its highest value over the past 11 years was 149.00 in 2011, while its lowest value was 119.50 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
2008 149.00
2009 149.00
2010 149.00
2011 149.00
2012 146.50
2013 146.50
2014 146.50
2015 145.50
2016 127.00
2017 127.00
2018 122.50
2019 119.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment