- Latvian Parliament has introduced mandatory structured e-invoicing and digital reporting for B2G and B2B transactions
- E-invoicing mandatory for B2G transactions from January 1, 2025, and for B2B transactions from January 1, 2026
- Amendments to Accounting Law passed on October 31, 2024
- Structured electronic invoice defined as compliant with EU standards
- Companies required to report structured e-invoice data to State Revenue Service from January 2026
- Detailed procedures for implementation to be established by Cabinet of Ministers by May 2025
Source: fonoa.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.
Latest Posts in "Latvia"
- Latvia Updates VAT FAQs for Nonresident Online Platforms: Registration, Filing, and Real Estate Rental Rules
- Latvia to Cut VAT on Books and Essential Foods in 2026 to Boost Accessibility
- Latvia to Mandate E-Invoicing for Businesses and Government Starting January 2026
- Latvia Proposes Lower VAT for Select Foods and Publications in 2026 State Budget
- Latvia Proposes Changes to Reduced VAT Rates for Publications and Select Food Products
