The “Grāmatvedības likums” (Accounting Law) in Latvia mandates structured electronic invoices for all transactions, except budget institutions. The law also allows businesses to convert paper accounting documents into electronic format for storage, with the Cabinet of Ministers defining the procedure for data submission.
Source: www.fiscal-requirements.com
Latest Posts in "Latvia"
- Latvia Defines E-Invoicing Channels and Mandatory SRS Reporting Rules
- Latvia to Cut VAT on Books, Media, and Essential Foods from January 2026
- Excise Duty Law: Significant Increases and New Regulations for Alcoholic Beverages, Tobacco, and Soft Drinks
- Latvia Amends VAT Law: Reduced Rates for Books, Media, and Food Effective January 2026
- Latvia publishes Cabinet Regulation on e-invoicing and e-reporting














