Fapiao Rules

Master China's fapiao rules — and catch tax risks before they cost you money. In China, handling invoices (fapiao) correctly is the foundation of tax compliance. Book a non-compliant invoice and you lose the deduction; miss a risk signal and it becomes a finding in the annual audit. This app explains the rules in plain English — and alerts you the moment an invoice crosses the line. HOW TO HANDLE FAPIAO CORRECTLY • What makes an invoice compliant: category, type, and status • Which expenses are deductible — and which never are • When input VAT can be credited, and when it cannot • Exactly which regulation applies — cited with every answer RISK ALERTS, BEFORE THEY BECOME FINDINGS • "Office supplies" with no itemized list — a non-compliant voucher, deduction denied • Meals, entertainment, loan fees — VAT you paid but can never credit • Shopping-card "no-tax" invoices — not deductible at…