With important policy implementations recently being made by China’s State Administration of Taxation regarding China VAT general invoices, we felt it would be appropriate to offer a Chinese fapio (发票) refresher post — or more accurately, provide a few links to posts explaining the fapio system.
The Chinese fapio is a legal receipt that serves as proof of purchase for goods and services on the Chinese mainland. The fapio is an essential component of Chinese life for both individuals and businesses. To […]
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