上海自贸区制度创新有成效 - 2020年04月20日

One of the institutional innovations initiated in the Shanghai free trade zone, an all-in-one online tax service, has benefited many enterprises since its inception in 2014.
With most tax-related items, such as qualification checks, invoice collection and tax declarations, submitted and processed online, account managers of companies in the zone are free from making multiple trips between their offices and the tax center.
After the implementation of quarterly reporting, companies save at least two thirds of the accounting workload every year. The pressure on capital turnover is also greatly reduced.