New timelines for the B2B e-invoicing mandate approved
- Rejection of Delay Proposal: On June 5, 2025, the Budget and Finance (Tax) Committee rejected a proposal to postpone the B2B e-invoice mandate by a year and instead approved a revised draft law establishing new deadlines for electronic invoicing and reporting.
- New Mandatory Deadlines: The updated timeline mandates that reporting of e-invoice data for business-to-government (B2G) and government-to-government (G2G) transactions will be compulsory starting January 1, 2026, while mandatory e-invoicing and reporting for domestic B2B transactions will begin on January 1, 2028.
- Infrastructure Improvements and Support for Small Businesses: The law emphasizes the need for enhanced government platform infrastructure to facilitate the exchange and automated submission of e-invoices. Additionally, the timeline allows for voluntary e-invoicing for B2B transactions starting March 30, 2026, to give small businesses more time to adapt to the new requirements.
Source Pagero
- Postponement of B2B e-Invoicing Mandate: The Latvian government has delayed the implementation of mandatory electronic invoicing for business-to-business (B2B) transactions from January 1, 2026, to January 1, 2028. However, businesses are encouraged to start voluntarily adopting e-invoicing practices beginning March 30, 2026.
- Current e-Invoicing Requirements: Since January 1, 2025, electronic invoicing has been mandatory for business-to-government (B2G) transactions, including interactions between government entities and businesses. The upcoming B2B mandate will require electronic invoices to be submitted in XML format and adhere to the Peppol BIS Billing 3.0 standard.
- Submission and Compliance Mechanisms: Under the national e-invoicing framework, companies can submit electronic invoices through a free national delivery platform, certified Peppol service providers, or directly between trading partners. All invoices must be transmitted to the State Revenue Service (SRS) to ensure compliance with reporting requirements.
Source Edicom
- Latvian Government delays B2B electronic invoicing requirements
- New implementation date is January 1, 2028
- Voluntary adoption encouraged from March 30, 2026
- B2G electronic invoicing mandatory since January 1, 2025
- Invoices can be submitted through national solution, PEPPOL providers, or directly between parties
- Invoices must be transmitted to the tax agency
Source: answerconnect.cch.com
Other sources
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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.
