What is a public-to-public invoice?

Because it can be reimbursed by the company. Moreover, if it is business-to-business, a VAT invoice must be issued, otherwise it will not meet the requirements of the tax bureau. Personal invoice is a personal invoice issued in the name of an individual. There is not much difference between the two, but the types of invoices may be different. Special invoices can be issued to the company. If it's an individual, just make out an ordinary invoice. Also, when invoicing, the buyer's information is different. Invoice refers to the business vouchers issued and collected by all units and individuals in buying and selling goods, providing or receiving services and engaging in other business activities. It is the original basis of accounting, and it is also an important basis for law enforcement inspection by audit institutions and tax authorities. Receipt is the proof of receipt and payment, and invoice can only prove that the business has happened, but can't prove whether the money has been received or paid.

Legal basis:

Measures of People's Republic of China (PRC) Municipality on Invoice Management

Twenty-ninth units and individuals that issue invoices shall store and keep invoices in accordance with the provisions of the tax authorities, and shall not damage them without authorization. Invoice stubs and invoice registers that have been issued shall be kept for 5 years. After the expiration of the preservation period, it shall be destroyed after inspection by the tax authorities. When using non-tax-controlled electronic equipment to issue invoices, the software program description data of non-tax-controlled electronic equipment shall be reported to the competent tax authorities for the record, and the invoice data shall be saved and submitted in accordance with the regulations.

Article 30 If other units or individuals violate the laws and regulations on invoice management, resulting in non-payment, underpayment or fraudulent tax payment, the tax authorities shall confiscate their illegal income and may impose a fine of less than 1 times of the tax payment.