- Latvia has announced the introduction of mandatory electronic invoicing through amendments to the Accounting Law, effective January 1, 2025, with a phased approach for both government and business sectors.
- Starting January 1, 2025, resident businesses and budget entities must send e-invoices for transactions with state budget entities, with the B2B e-invoicing obligation extending to goods and services by January 1, 2026.
- E-invoices must comply with EU standards and can be submitted manually or directly from ERP systems via Latvia’s e-address platform; specific reporting rules will be announced by May 2025, marking a significant step in the digital transformation of Latvia’s invoicing system.
Sources
- Comarch
- Meridian
- PwC
- Marosa
- Orbitax
- Latvia Implements Mandatory B2B and B2G e-Invoicing and Reporting Requirements – VATupdate
- Latvia Mandates E-Invoicing for Business-to-Government Transactions Starting 2025 – VATupdate
- Latvia mandates e-invoicing with amendments to the Accounting Law published – VATupdate
- Latvia Implements Mandatory B2G and B2B e-Invoicing Under Amended Accounting Law – VATupdate
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