Light in China
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.
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The world's most demanding finance teams run on Light.
Everything 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.
01
CAS
Report under Chinese Accounting Standards and group standards side by side with multibook — statutory books in China, group books everywhere.
02
Chinese VAT
13%, 9%, and 6% rates applied via tax codes as transactions post, for general and small-scale taxpayer setups.
03
Fapiao
Fapiao are the backbone of Chinese VAT — Light tracks issued and received fapiao, including fully digitalized e-fapiao, against every transaction.
04
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.
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E-fapiao ready
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.
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VAT filings
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.
01
Fapiao-verified trail
Every VAT credit and liability traces to a verified fapiao, the way Chinese audits expect.
02
CAS statutory books
Local statutory reporting alongside group standards, from the same transactions.
03
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.