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Latvia Implements Mandatory B2G and B2B e-Invoicing Under Amended Accounting Law

  • Amendments to the Accounting Law in Latvia introduce mandatory e-invoicing
  • E-invoicing will be mandatory in the B2B sector for goods and services starting from 1 January 2026
  • B2G e-invoicing will be mandatory for resident companies in Latvia from 1 January 2025
  • Transition period until 1 January 2026 for submitting e-invoices for B2G contracts signed by 31 December 2024
  • B2B e-invoicing and reporting invoice data to the State Revenue Service become mandatory from 1 January 2026
  • Rules for B2B e-invoices and reporting invoice data to the SRS to be announced in May 2025
  • Electronic invoices should comply with EU standards LVS EN 16931-1:2017 and LVS CEN/TS 16931-2:2017
  • Resident businesses can manually upload single e-invoices on the government platform.

Source: p2pnetwork.org

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.

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