What is Paperwork Burden

"Paperwork" or "red tape" is the time and resources spent by business owners, managers, staff or hired experts to understand and comply with government rules and regulations relating to operating a business. From the firm's perspective, complying with regulation includes planning, collecting, processing and reporting of information, completing forms and retaining data required by governments. The "burden" represents the administrative costs incurred above and beyond the normal day-to-day costs associated with running a business.