- The e-fapiao pilot program in China has been expanded to new provinces and cities.
- The new regions included in the program are Anhui, Beijing, Guizhou, Hunan, Ningxia, Qinghai, and Shandong.
- Selected taxpayers in these regions will be able to issue fully digitized e-fapiao.
- This expansion follows the previous expansion in March 2023 to selected regions.
- Starting from November 1, 2023, all regions in China, except Tibet, will allow pilot taxpayers to issue fully digitized e-invoices.
Source: sovos.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "China"
- 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
- China Releases Draft VAT Implementation Regulations for 2026 Law
- China Imposes 2000 Line Item Limit on Fully Digitalized Electronic Invoices, Affecting SAP Systems