Latvia has introduced mandatory e-invoicing regulations, requiring businesses to adopt structured electronic invoices for compliance with the State Revenue Service (VID).
The regulation, set to take effect in 2026, will impact all B2B transactions, with earlier requirements for government-related invoicing. Here are five key questions to help businesses understand and prepare for the transition.
- 1. What is the timeline for Latvia’s e-invoicing mandate, and who is affected?
- 2.Why is Latvia moving to mandatory e-invoicing?
- 3. What are the key technical specifications for e-invoicing?
- 4. What challenges might businesses face when transitioning to mandatory e-invoicing?
- 5. What should businesses do to prepare for the e-invoicing mandate?
Source: SNI
