China to implement fully digitalized electronic invoices nationwide starting December 1st.

China's State Taxation Administration announced that starting December 1st, the country will promote the use of fully digitalized electronic invoices nationwide. These digital invoices will have the same legal validity as paper invoices, simplifying the issuance process and offering more convenient use. Earlier this month, the STA had announced the promotion of digital invoices for railway passenger transport.

November 24, 2024
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