We explain how to ensure e-fapiao compliance management for businesses in China that purchase, obtain, transfer, and keep e-fapiao and relevant regulations.
China’s e-fapiao system is an electronic VAT invoicing process that cuts red tape, streamlines compliance procedures, and seeks to prevent receipt abuse.
In this issue of China Briefing magazine, we demonstrate the opportunities and risks associated with China’s e-fapiao implementation.
We discuss the steps businesses can take to improve their cybersecurity practices, how to conduct a cyber risk assessment, and staying compliant in China.
We discuss key points of China’s Data Security Law, which will come in effect September 1, 2021, and corporate strategies to ensure compliance.
We analyze why transitioning to a digital expense management system can be cost effective for your business in China and assess the best options available.
Internet businesses and companies processing personal data in China are advised to track latest regulatory developments supporting data security to remain compliant.
We explain how HR and payroll system apps in China address longstanding challenges and how to make important app selections to match operational needs.
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