The most striking example is on China's system of legal receipts, "Fapiao", which requires the code to be displayed along with the official company name. Other examples we have seen include some Chinese ISO9001 certificates and on newer versions of the Chinese Foreign Trade Registration Certifica...
Either way, an officialfapiao, or official statement of payment including tax record, is needed in order to put the costs under the company. That makes it almost impossible to buy an international plan and get reimbursed from your company in China. Private Insurance What is private insurance?
Receive extraction results faster than ever Extracting new Chinese electronic invoice forms. Benefits include: Extract the fully digitalized e-fapiao and the e-fapiao new type of invoice Recognize general and special Value Added Tax (VAT) forms Read, use and transfer the content of QR codes OpenTe...
invoices (or "fapiao" in Chinese) are used by the government to monitor the tax paid on any transaction. Fapiaoare printed, distributed, and administrated by tax authorities. The fapiao is effectively a receipt, created by the government to show proof of a tax payment. The importance of the...
If expatriate business owners or managers are asked what is the most troublesome stuff that brings confusions and difficulties in China, 1 out of 4 persons would probably tell it is ‘fapiao’. Simply speaking, fapiao is actually a mechanism capitalized on by Chinese government to capture, track...
which industry accounted for the company’s highest proportion of its total VAT sales in the previous fiscal year. The industry is determined as per the definition in theIndustrial Classification for National Economic Activities(PDF)(link in Chinese).This requirement is effective as of June 7, ...
E-commerce platforms require an official VAT invoice (fapiao) to be able to pay you. And to get that, your brand needs to have a legal entity in China. If not, you might need to find a trading company, which could be costly and sometimes risky if you do not have any connections in...
The e-fapiao is a fully digital invoice legally recognised under China’s Regulations on Invoice Administration. They exist only in digital form and are issued as single-copy documents. Each e-fapiao includes a unique 20-digit identifier containing the calendar year, regional tax authority code, ...
Our family in the Chinese economy developed area, is situated at the east China---Zhejiang Hangzhou, city as beautiful as a painting, beautiful West Lake lakeside, welcome you to play.[translate] a我們之前是在工廠見过面的 In front of us has met in the factory[translate] a...
aThe most stubborn, is a man of heart. You can convince everyone, but 最倔强,是心脏的一个人。 您能说服大家,但[translate] afapiao fapiao[translate] aRain beer 雨啤酒[translate] a苯氧基乙醇 Phenoxyethyl alcohol[translate] a鉴于我对她的了解 In view of the fact that I to her understanding...