- Parliament confirmed January 1, 2028, as the start date for mandatory B2B e-invoicing
- Earlier proposal to delay to 2027 was rejected
- Mandatory B2G and G2G e-invoice reporting starts January 1, 2026
- Original B2B mandate for 2026 postponed to 2028
- Voluntary B2B e-invoicing begins March 30, 2026
- E-invoicing model based on European Peppol framework
- Invoices must follow Peppol BIS Billing 3.0 in XML
- Transmission options include a free government portal, certified Peppol access points, and bilateral agreements
- Archiving required for 5 to 10 years
- Digital signatures not required
- Invoices must be reported to the State Revenue Service
- Changes based on amendments to Latvia’s Accounting Law
- Aligns with EU’s VAT in the Digital Age initiative
- Latvia’s phased approach supports smooth transition to EU requirements
Source: rtcsuite.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.
