Exceed compliance requirements with InvoiceAgility
Requirements Snapshot
Tax Overview
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Tax Type: Value Added Tax (VAT) via Fapiao
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Tax Authority: STA (State Taxation Administration)
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Current tax rates: Standard: 13%, Reduced: 9%, 6%
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Currency: Chinese Yuan (CNY)
Archival Overview
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Legal archiving period: 30 years
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Archive Location: Allowed under certain conditions
e-Signature Overview
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e-Signature required: Mandatory
Business-to-Business (B2B)
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Model: Clearance roll out
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e-invoicing obligations: Mandatory nationwide since December 1, 2024
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B2B invoicing Government Platform: Golden Tax System III
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Invoice issuance requirements: Via Golden Tax System III with e-Fapiao
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Invoice reception requirements: Via Golden Tax System III with e-Fapiao
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B2B invoice formats: OFD format, PDF, XML
Business-to-Government (B2G)
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e-invoicing obligations: Mandatory nationwide since December 1, 2024
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B2G invoicing Government Platform: Golden Tax System III
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Invoice issuance requirements: Via Golden Tax System III with e-Fapiao
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Invoice reception requirements: Via Golden Tax System III with e-Fapiao
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B2G invoice formats: OFD format, PDF, XML
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