Regulatory updates - China
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

China is progressing in digitalizing accounting and tax processes
The Chinese Ministry of Finance recently published the Notice on Promoting the Application of Electronic Voucher Accounting Data Standards, a leap toward digitalizing financial and accounting practices. This builds on the progress made by the pilot program initiated in 2022, representing a nationwide rollout of standardized digital accounting processes.
National rollout of fully digitalized e-fapiao set on 1 December 2024
The State Taxation Administration (STA) in China has officially declared the roll-out of the nationwide fully digitalized e-fapiao, starting 1 December 2024.
E-fapiao pilot progressively expands to further regions
The Chinese government expanded the e-fapiao pilot to an additional seven regions. Following the latest ones joining the pilot, the deployment of fully digitalized invoices is almost done.
Country Specifications
E-Invoicing/CTC Model:
Clearance (under roll-out)
Mandatory Infrastructure:
STA
Mandatory Format:
Local XML
Mandatory for Issuing:
Aim to implement by 2025
Mandatory for Receiving:
Aim to implement by 2025
eSignature:
Mandatory
Archiving Period:
30 years
Archiving Abroad:
Allowed under conditions

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