Introduction of E-commerce
E-commerce refers to the activities of transaction and online service that conduted on the Internet. It is the digitization and networking of all links of traditional business activities. E-commerce is the space for buying and selling goods from traditional physical storefronts to online platforms. In addition, with the advancement of technology, online personal information can be encrypted and transmitted to protect consumers’ privacy that make e-commerce transactions come true .
E-invoice is an indispensable invoice tool for e-commerce transactions. It does not need to be issued one by one like traditional invoices. It only needs to be transmitted through the Internet to better match the characteristics of e-commerce transactions. It has become the mainstream business model through its convenience and speed.
the process of electronic invoice’s application
apply for E-Invoice Alphanumeric Numbers
- Applying unit：sub-bureau or office of the National Taxation Bureau where the tax registration is located
- Applying steps：
1. fill in the "Application for E-Invoice Alphanumeric Numbers"
2. prepare the necessary inspection documents according to your application requirements:Using E-Invoice Commitment, Using Thermal Paper Affidavit, Thermal Paper Inspection Certificate, Sample of E-Invoice Certificate, Screenshots of the E-invoice Donationthe, Approval Certificate of the Issuing E-Invoice Institution.etc
3. submit the application materials and wait for the completion of the E-Invoice Alphanumeric Numbers allocation!
E-invoice numbering and allocation
- E-invoice numbering and allocation
Link E-invoice Platform to complete certificate login, download alphanumeric numbers, obtain value-added center authorization, etc.
documents to be prepared for electronic invoice application
|document should be prepared for electronic invoice application|
|documents should be prepared||description|
|E-Invoice Alphanumeric Numbers Application Form||
download form E-Tax Portal, Ministry of Finance
1.1090429 E-Invoice Alphanumeric Numbers Application Form
2.Attached Table1-Using E-Invoice Commitment
3.Attached Table2-Self-Checking Table of E-Invoice Issuance System
4.Attached Table3-Adopt Heat-Sensitive Paper Affidavit for E-invoice Certificate
5.Attached Table4-The institution substitutes for other fixed business places to apply for the E-Invoice alphanumeric numbers summary table
6.Attached Table5-Value-Added Service Center Affairs Appointment Letter
|Sample of “E-Invoice Certificate”|
|The success proof of encryption verification information and decryption verification for QR code of “E-Invoice Certificate”||
|Possess a barcode scanning machine that can correctly read the common carrier or equipment certification document||such as scan file|
|Those who use the Turnkey to transmit data will obtain the online passcode from the integrated service platform.||If it is processed by a value-added service center, please fill in the name of the value-added service center.|
|Attach the supporting documents that accept buyer using a common carrier to request and donate the e-invoice with a QR code||
|Approval Certificate of E-invoice carrier issuing institution|
|Sample of “Sales Returns, Purchase Returns or Sales Allowance Certificate”|
|Approval Certificate of Electronic Invoice Carrier by Issuing Institution||exemption for those who are non-self-issued e-invoice carriers|
Is the online E-invoice application method the same as the physical E-invoice?
Yes, all E-invoices are issued online and uploaded by a value-added service center. The difference is that the E-invoices that have been issued can be saved as cloud invoices (online), or the E-invoice certificate can be printed out ( Entity) delivered to the consumer.
Can E-invoice be issued to the company?
Yes, E-invoices are divided into B2G (company to government), B2B (company to individual), and B2C (company to company). Generally, B2C applications can be issued to companies or individuals. Invoices can be issued for labor and sales of goods.
Can E-invoice be voided?
Yes, but it is recommended to cancel before the end of the current month to avoid discrepancies in the download time, resulting in under-reporting or over-reporting of business tax.
Can the E-invoice be reissued later?
No, because E-invoices are not like traditional invoices as long as they can be reissued in the current period (arranged by date). E-invoices have a limited upload time. For example,B2C must be uploaded within 48 hours, and B2B must be uploaded within 7 days.
How should the electronic invoices be provided to the firm for accounting?
Input VAT: Just need to send the files that you received to our office’s mail once, no need to print it out!
Output VAT: You just need to provide your e-invoice platform account password, then we can download the sales invoice information online for you.
No Time Limit
E-commerce is not restricted by the operating hours of traditional stores, and transactions are available 24 hours a day.
No Location Limit
Traditional storefronts can only wait for nearby customers to consume. E-commerce is not restricted by business locations. Everyone can be consumers, as long as the logistics can reach places.
No restrictions on office locations
Anytime, anywhere, as long as there is a network, you can solve customer problems and transaction processing of orders online.
Low Initial Operating Costs
Opening a traditional store requires initial operating expenses such as rent, decoration, water and electricity, etc. It often costs millions before making money. E-commerce only needs 1 platform, 1 computer or mobile phone to start operations and make money. For entrepreneurs, the initial operating cost is very low.
With the increasing development of e-commerce, the Ministry of Finance has listed online transactions as the focus of tax inspections. For example, Facebook and LINE are included in the inspection. If the monthly sales turnover of goods reaches NT$ 80,000 or the labor service reaches NT$ 40,000, the tax threshold is reached. The company must go through business registration in accordance with the law and submit income tax for profitable undertakings.
Since May 2013, the Ministry of Finance announced the establishment of a special task force for online shopping to discuss how to “catching leaks” of e-commerce platforms. In addition to tax inspections on well-known online shopping platforms such as Taobao, the inspection targets will be expanded to emerging social tools, especially the most popular Facebook and LINE, which will be included in the scope of online transaction tax inspections.
Richar Richlife reminds you that if an individual online platform sells goods or services, and the average monthly sales amount reaches the threshold, please apply for business registration with the National Taxation Bureau where you live or your household registration to avoid fines.