China implemented a Fully Digitalized E-Invoice (FDEI) pilot in December 2021, starting with 3 provinces. Currently, one more region-Sichuan has joined the pilot program on 28 October 2022. Selected taxpayers in this region can issue e-fapiao on the Sichuan e-invoice service platform after they have authenticated themselves.
As we mentioned before, fully digitized e-fapiao (e-fapiao) is an advanced e-invoicing system, which can help taxpayers issue tax invoices more efficiently. The abili…