Built for how China does business
Run your Chinese entities on the same platform as the rest of the world. CAS reporting, VAT with fapiao management, e-fapiao support, and direct bank connectivity — handled by agents, reviewed by your team.
Book a demoEverything a finance team in China needs
Whether you're expanding abroad from China or landing there as a global company, Light keeps every entity on one ledger.
CAS
Report under Chinese Accounting Standards and group standards side by side with multibook — statutory books in China, group books everywhere.
Chinese VAT
13%, 9%, and 6% rates applied via tax codes as transactions post, for general and small-scale taxpayer setups.
Fapiao
Fapiao are the backbone of Chinese VAT — Light tracks issued and received fapiao, including fully digitalized e-fapiao, against every transaction.
Chinese banking
Connect Chinese bank accounts via host-to-host integration or bank feeds — transactions reconcile automatically in CNY.
VAT, the fapiao way
Chinese VAT runs on invoices, not just returns — Light keeps fapiao and the ledger in lockstep.
China's fully digitalized e-fapiao program replaces paper invoices with structured data. Light ingests and tracks e-fapiao natively, so input VAT credits are matched to real, verified invoices.
Monthly and quarterly VAT filings are built continuously from posted transactions, with input and output VAT reconciled against fapiao records — every figure traceable to an invoice.
Your China entity consolidates with the rest of the group in real time — CAS books locally, group GAAP globally, CNY revalued automatically.
Compliant with how China audits
Chinese statutory requirements are built into the ledger, not bolted on.
Fapiao-verified trail
Every VAT credit and liability traces to a verified fapiao, the way Chinese audits expect.
CAS statutory books
Local statutory reporting alongside group standards, from the same transactions.
Host-to-host banking
Direct connections with major Chinese banks for statement collection and payment files at treasury-grade control.
One platform, every country you operate in
China is one of the many countries Light supports out of the box — same ledger, same close process, local requirements handled per entity.