China
Fully Digital Fapiao Updated 2026-02-012 changes this quarter
Baseline
Golden Tax System — Fully Digitized Electronic Fapiao
China's Golden Tax System is one of the world's most comprehensive tax control systems. The Fully Digitized Electronic Fapiao (全电发票) is replacing legacy paper and earlier electronic formats nationwide.
Key Dates
1994Golden Tax System launched
2021Fully Digitized Electronic Fapiao pilot launched
2024-2025Nationwide rollout of fully digitized fapiao
Who is in scope
All taxpayers in China.
Process
Seller issues fapiao through approved tax control system → data reported to tax authority in real time → buyer receives electronic fapiao → fapiao data used for input VAT credit claims.
Official Sources
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