Country specifications
- E-Invoicing/CTC Model: Centralized (Planned)
- Mandatory Infrastructure: STA
- Mandatory Format: OFD/Fully Digitized E-Fapiao (Pilot)
- Mandatory for Issuing: Aim to implement by 2025
- Mandatory for Receiving: Aim to implement by 2025
- eSignature: Mandatory
- Archiving Period: 30 years
- Archiving Abroad: Allowed under conditions
Source Pagero
Latest Posts in "China"
- China Uncovers Widespread VAT Evasion Schemes Involving Multiple Companies and Millions in Losses
- Tax Evasion Scandal: 49 Shell Companies and Fake Invoices Orchestrated by Tianjin Changze Finance
- Unveiling a Five-Layer Fake Invoice Network: Tax Evasion and Punishment in Lianyuan City
- Tax Authorities Penalize Guizhou Company for Facilitating Fake VAT Invoices and Tax Evasion
- Tianjin Tax Authorities and Police Crack Down on Major VAT Invoice Fraud Case
