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How does Value-Added Tax (VAT) work in China and what is the Golden Tax System? What to learn more - register for our webinar here: https://us02web.zoom.us/meeting/regis... China operates a centralized invoicing system, known as the Golden Tax System, which restricts companies to issuing VAT invoices on government certified software, pre-numbered invoices and printers. The issuance of approved VAT invoices in China is strictly controlled by the tax authorities. Pre-approved paper invoices, fapiao’s, are provided by the Golden Tax System. It enables the government to track VAT payments and compliance, and it provides proof of the purchase of goods or services. Come join our webinar next Thursday on September 30th to: 1. receive an understanding of the China VAT Tax system; 2. the Invoice Fapiao System; and 3. the operational aspects surrounding VAT within your company. Register today here: https://us02web.zoom.us/meeting/regis... AND in the meantime if you have any questions about THE VAT WORLD IN CHINA then reach out to our Head of Business Advisory - Kristina Koehler-Coluccia at [email protected] OR setup a 1 to 1 discussion directly in her diary here: https://lnkd.in/eQHtBHR #china #tax #VAT #compliance #accounting #fapiao