Electronic invoice is the product of the information age. Like ordinary invoices, they are distributed to merchants in the form of unified issuance by the tax bureau. The invoice number is distributed to merchants with national unified coding and unified anti-counterfeiting technology. The signature mechanism of the electronic tax bureau is attached to the electronic invoice.
The promotion of electronic invoices benefits from the "loosening" and encouragement at the policy level. Since electronic invoices are all VAT invoices, service businesses, including hotels and restaurants, are really included in the invoicing scope of electronic invoices after the "VAT reform" officially landed. In March, State Taxation Administration of The People's Republic of China issued "Guiding Opinions on Further Improving the Implementation of VAT Electronic Ordinary Invoice", further clarifying that the key point is to do a good job in the implementation of VAT electronic ordinary invoice in e-commerce, finance, express delivery and other industries.