The Latvian Ministry of Finance has recently published a draft law on May 27, 2024, requiring e-invoicing for B2B and B2G transactions.
Timeline
The first phase starting from January 1, 2025 will cover B2G transactions (invoices issued to budget institutions). One year later, as of January 1, 2026, the scope will be extended to include B2B transactions.
Read further Fonoa
Click on the logo to visit the website
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Latvia"
- Comprehensive Guide on Fiscal Devices, Business Processes, Registration, Sales Channels, and Compliance Penalties
- Latvia’s Fiscalization System: Devices, Requirements, Documents, and Support for Compliance
- Guidelines for Using Electronic Devices in Tax Recording: Scope, Obligations, and Compliance Procedures
- Key Topics in Regulations for Electronic Tax Recording Devices and Equipment Requirements
- Latvia’s Mandatory Fiscalisation System: Hardware-Based Compliance and Certified POS Requirements
