Tax Rules, Mandates and Regulations in Asia

New Zealand E-invoicing New Zealand began its e-invoicing journey in 2018 through a joint venture with Australia. While it’s far behind many other countries in

Singapore E-invoicing While electronic invoicing is not mandated yet on any level in Singapore, the country’s tax authority is working on implementing a continuous transaction

Malaysia CTC e-invoice Reporting: From August 2024, e-invoicing in Malaysia will become mandatory for taxpayers with an annual turnover or revenue of more than RM100

Japan’s Tax System Japan’s Tax System Starting with the introduction of a multiple tax rate system in 2019, Japan is in the middle of a

Thailand’s New Approach to Electronic Invoicing New regulations for e-tax invoicing and receipts expected soon. Thailand’s current e-invoicing legal framework has been in effect since

Vietnam’s E-Invoicing Launch Introducing e-invoicing mandates for VAT in Vietnam. Over the last 10 years, the Vietnamese government has worked on developing a solution to

Philippines VAT Requirements There have been improvements in recent years to VAT revenue collection in the Philippines, but there are a considerable number of exemptions

China E-Invoicing China’s VAT digitization journey began nearly two decades ago with the rollout of a tax regime called the Golden Tax System. This created

South Korea E-invoicing South Korea was one of the first countries to adopt e-invoicing, introducing e-Tax, its Electronic Tax Invoice System, in 2010. E-invoicing in

India E-Invoicing: All You Need to Know Under India’s Goods and Services Tax (GST) framework, the country’s e-invoicing system falls under the category of continuous