Embrace the new e-invoice, harness your digital transformation
On 30 November 2021, Chinese tax authorities in Guangdong, Shanghai and Inner Mongolia announced the launch of the pilot program for fully-digitalized electronic invoices (FDEIs) in selected regions from 1 December 2021. 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 be prepared? With our expertise across the finance, accounting, tax and trade networks and leading tax technology capabilities in the marketplace, our FDEIs services assist you to unlock the opportunities born from the Pilot and harness your digital transformation journey.