From October 2020, the State Taxation Administration expanded the e-invoicing system for special VAT fapiao in Zhejiang province.
The Tax Administration has stated:
- If a business uses a printout of the e-fapiao as a tax voucher – it should keep the original VAT e-fapiao; if this is lost – the original e-fapiao can be downloaded from the National VAT Invoice Verification Platform;
- Electronic invoices will use electronic signatures instead of the special invoice stamp; and
- Photographs, scans and screenshots are not considered as electronic accounting documents
Source Taxbackinternational
Latest Posts in "China"
- Trickiest countries in which to achieve compliance
- China Lowers Luxury Car Tax Threshold to CNY 900,000, Expanding Tax Scope from July 2025
- China Revises VAT Rebate Policy 2025: Full Refunds for Key Industries, Partial for Others
- China Clarifies Tax Reporting Rules for Digital Platforms, Effective October 1, 2023
- France Cracks Down on Chinese E-Commerce Giants with Fines and Regulations