The special electronic invoice for value-added tax adopts electronic signature instead of the traditional special invoice seal, that is, there is no need to affix a physical seal on the electronic invoice. Electronic invoices and paper invoices have the same legal effect, basic purposes and usage rules. The tax authorities electronically sign and seal the transaction information through the electronic invoice service platform. Therefore, when an enterprise issues an electronic invoice, it only needs to ensure that it has a tax-controlled signature and an electronic signature of the enterprise, and there is no need to affix a special invoice seal. In addition, the bookkeeping of electronic invoices can be decided by the enterprise itself whether to stamp or not, and the special seal on the invoice is valid even if the direction is wrong, as long as it does not affect the identification. According to the Measures for the Administration of Invoices in People's Republic of China (PRC), invoices must be truthfully filled in and stamped with the special invoice seal, but this provision does not apply to electronic invoices.

Legal effect of electronic invoice;

1. Electronic invoices have the same legal effect as paper invoices, and can be used as proof for purchasing goods and receiving services;

2. Electronic invoices can be used for tax declaration, financial reimbursement and accounting.

3. The authenticity and integrity of electronic invoices are guaranteed by the invoice management system and realized by electronic signature and encryption technology;

4. The holder can verify the authenticity of the electronic invoice through the official website of the Inland Revenue Department or other authorized platforms;

5. Enterprises need to apply to the tax authorities to use electronic invoices, and they can only use them after obtaining the authority to issue electronic invoices.

To sum up, the special electronic invoice for value-added tax replaces the traditional special seal for physical invoice with electronic signature, which ensures the same legal effect and usage norms as paper invoice and simplifies the invoicing process. Enterprises only need to ensure the existence of tax-controlled signatures and electronic signatures of enterprises, and do not need to affix entity seals on electronic invoices. Moreover, even if the seal on the bookkeeping link is in the wrong direction, it is considered valid without affecting the identification, which reflects the advantages of electronic invoice in convenience and compliance.

Legal basis:

Announcement of State Taxation Administration of The People's Republic of China Municipality on Relevant Matters Concerning the Electronic Implementation of Special VAT Invoices by Newly Established Taxpayers

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The electronic special ticket is supervised by the provincial tax bureaus, and the electronic signature is used to replace the seal of the special invoice, which belongs to the special invoice for value-added tax, and its legal effect, basic use and basic use provisions are the same as those of the paper special invoice for value-added tax.