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Discover LudwigThe phrase 'yearly basis' is correct and usable in written English
You can use the phrase to refer to something that happens or is done once a year. For example, "We review our employees' performances on a yearly basis."
Exact(59)
That's not on a yearly basis.
"They need that money on a yearly basis".
The pressure on a yearly basis is always there.
He's going to break your heart on almost a yearly basis.
How can the airlines lose money on a yearly basis and endure?
First-quarter figures showed the economy shrinking by 6.5% on a yearly basis.
The upturn has meant that the economy is now growing on a yearly basis (see chart).
Net profits were up 53% on a yearly basis, reaching €1.1 billion ($1.4 billion).
Every officer and noncommissioned officer is evaluated on at least a yearly basis.
Sampling is organized on a yearly basis.
Key members change on a yearly basis, sometimes more often.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com