- E-Invoicing Requirement for Government Transactions: Beginning January 1, 2025, businesses in Latvia must issue structured e-invoices for invoices directed to Latvian budgetary institutions in the B2G and G2G sectors, adhering to specific technical standards.
- Expansion to B2B Sector: The second phase of e-invoicing implementation will commence on January 1, 2026, extending the requirement to the business-to-business (B2B) sector.
- Preparation of Technical Framework: The Latvian State Revenue Service is tasked with developing the technical framework and rules for e-invoice exchange and reporting by July 1, 2025.
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.
