- Latvian Finance Ministry proposing mandatory electronic invoicing for B2B and B2G transactions from 2025
- Currently, local government institutions in Latvia are required to accept e-invoices in public procurement process
- Proposal aligns with European Union specifications
- E-invoices will have to be made in accordance with PEPPOL network
- PEPPOL allows for sending and receiving e-invoices in a standard mode
Source: meridianglobalservices.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.