What Is a Fapiao? China's Tax Invoice Explained
A fapiao is the invoice the Chinese tax system recognises. It is not a receipt, not a sales slip, and not an order confirmation, no matter how official the rece···
China VAT Rates at a Glance
China's Value-Added Tax is the first tax a foreign business meets when it sells into the country, and it is the largest single source of PRC government revenue.···