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Does FOB Yongkang, as mentioned by foreigners in foreign trade, need to issue a VAT invoice?

No need

Foreign trade companies must obtain VAT invoices from the supplying factories. Only with the invoice can they apply for export tax rebates to the tax authorities. Without the factory invoice, you cannot get the tax rebate. .

Value-added tax is a turnover tax levied based on the value-added amount generated during the circulation of goods. It is collected by the State Taxation Bureau, and 50% of the tax revenue is provided to the central government. Of the revenue, 50% is local revenue.