- From 1 January 2025, resident business and budget entities in Latvia must send e-invoices for contracts signed from this date, with B2G e-invoicing mandatory for resident companies and budget entities.
- A transition period allows submitting e-invoices for B2G contracts signed by 31 December 2024 until 1 January 2026, when B2B e-invoicing and invoice data reporting to the State Revenue Service (SRS) become mandatory.
- Rules for B2B e-invoices and reporting will be announced in May 2025, and e-invoices must comply with EU standards LVS EN 16931-1:2017 and LVS CEN/TS 16931-2:2017.
Source Pagero
See also
- E-Invoicing/Real Time Reporting – What can you find on VATupdate.com
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Collection of E-Invoicing Guides – Worldwide – VATupdate
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE