1. New rules for the measures for the management of invoices: electronic invoices have the same legal effect as paper invoices, and the State Administration of Taxation recently announced the "Decision on Amending the Implementation Rules of the Measures for the Administration of Invoices of the People's Republic of China" (Order No. 56 of the State Administration of Taxation), which will be officially implemented from March 1, 2023. The purpose of this revision is to adapt to the development of the times, improve the invoice management system, and further improve the efficiency of tax collection and management. First of all, the new rules clarify the basic management provisions of electronic invoices, emphasizing that "electronic invoices have the same legal effect as paper invoices, and no unit or individual may refuse to accept them". This provision conforms to the trend of digitalization and provides legal support for the widespread use of e-invoices, which is conducive to the modernization of tax administration. 
Secondly, the new rules add provisions on the security management of invoice data, clarifying that "the tax authorities may extract, retrieve, consult and copy invoice data during invoice inspection". This measure is conducive to strengthening the supervision of invoice data, ensuring data security and preventing information leakage. By clarifying the legal effect of electronic invoices, strengthening the security management of invoice data, and refining the identification of illegal invoice acts, the new rules will help promote the modernization of tax administration and ensure tax fairness and social justice.
In addition, the new rules also refine the identification of illegal invoice acts, which are in line with existing laws and regulations.
2. Where an enterprise is registered by submitting false materials or using other fraudulent means to conceal important facts, the registration authority shall order corrections, confiscate the illegal gains, and impose a fine.
The person directly responsible must not apply for enterprise registration again for 3 years, and is to be entered into the list of the untrustworthy with serious violations of market regulation in accordance with law.
Invoices