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Time to Prepare and Pay Taxes in Venezuela

Source: World Bank
Last Updated: April 1, 2022

Time to prepare and pay taxes reached 920 hours in 2019 in Venezuela, according to the National Statistical Office. This is 16.2% more than in the previous year.

Historically, time to prepare and pay taxes in Venezuela reached an all time high of 920 hours in 2019 and an all time low of 792 hours in 2013.

Venezuela has been ranked 3rd within the group of 171 countries we follow in terms of time to prepare and pay taxes.

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