Time to prepare and pay taxes rose 0% to 52.5 hours in Brunei in 2019, according to the National Statistical Office.
Historically, time to prepare and pay taxes in Brunei reached an all time high of 144 hours in 2010 and an all time low of 52.5 hours in 2018. When compared to Brunei's main peers, time to prepare and pay taxes in Indonesia amounted to 191 hours, 174 hours in Malaysia, 171 hours in Philippines and 384 hours in Vietnam in 2019.
Brunei has been ranked 165th within the group of 171 countries we follow in terms of time to prepare and pay taxes, 30 places below the position seen 10 years ago.
Time to Prepare and Pay Taxes | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Australia | hours | ... | ... | ... | ... | ... | ... | 105 | 105 | 105 | 105 | 105 | ||||||||||
Brunei | hours | ... | ... | ... | ... | ... | ... | ... | 96.0 | 93.0 | 89.0 | 66.5 | 64.2 | |||||||||
Cambodia | hours | ... | ... | ... | ... | ... | ... | 173 | 173 | 173 | 173 | 173 | ||||||||||
China | hours | ... | ... | ... | ... | ... | ... | 318 | 261 | 261 | 259 | 248 | ||||||||||
Indonesia | hours | ... | ... | ... | ... | ... | ... | 259 | 253 | 234 | 221 | 208 | ||||||||||
Laos | hours | ... | ... | ... | ... | ... | ... | 362 | 362 | 362 | 362 | 362 | ||||||||||
Malaysia | hours | ... | ... | ... | ... | ... | ... | 133 | 133 | 118 | 164 | 188 | ||||||||||
Philippines | hours | ... | ... | ... | ... | ... | ... | 193 | 193 | 191 | 186 | 182 | ||||||||||
Singapore | hours | ... | ... | ... | ... | ... | ... | 83.5 | 83.5 | 83.5 | 66.5 | 64.0 | ||||||||||
Taiwan | hours | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | hours | ... | ... | ... | ... | ... | ... | 264 | 264 | 264 | 262 | 262 | ||||||||||
Vietnam | hours | ... | ... | ... | ... | ... | ... | 872 | 872 | 770 | 540 | 498 |