Are you ready for the special VAT e-invoicing of China

On 1 December 2021, Chinese tax authorities in Guangdong, Shanghai, and Inner Mongolia launched the pilot program for fully-digitalized electronic invoices (FDEIs). The State Taxation Administration (STA) has established a nationwide online platform to enable pilot taxpayers to issue, deliver, and validate FDEIs at all times and free of charge.

What are the implications of this new pilot program, and how should businesses prepare? With our expertise across the finance, accounting, tax and trade networks and leading tax technology capabilities in the marketplace, Deloitte china’s tax team has launched the new e-invoicing service, to assist enterprises in unlocking the program's opportunities along their digital transformation journey. 

Contact us: