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How to Establish Your China Distribution Network Effectively

Selling to the rapidly expanding market in China is a great opportunity for most global businesses. While many business owners may be very excited by the market potential in China, it’s very difficult for them to start with the strategy and establish distribution channels in the Chinese market. Sinostep had helped a variety of international […]
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Understanding Fapiao — Local Invoice in China

Understanding Fapiao—Local Invoice in China

Definition: “Fapiao” (发票)  are official invoices in China, registered at the local tax bureau, which are used as some kind of final proof-of-purchase of a good or service.

In China, “fapiao”s are more than just ordinary receipts. They are also a way that the government monitors the tax paid on any transaction.

Fapiao-general invoice
Fapiao in China-general invoice

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