- Latvia is digitizing invoicing in phases: B2G e-invoicing is mandatory from January 1, 2025; e-reporting for government transactions is required from January 1, 2026; full B2B e-invoicing becomes mandatory from January 1, 2028.
- Invoices must use a structured XML format (EN 16931, PEPPOL BIS Billing 3.0) and be submitted to the State Revenue Service (VID) in real-time.
- All Latvian-registered companies and self-employed individuals must comply; consumers (B2C) and cross-border transactions are not affected.
- Businesses can submit invoices via a government portal, certified providers, or direct transmission.
- The changes aim to improve tax compliance and audit processes through real-time reporting.
Source: fiscal-requirements.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.
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