- Latvia to implement mandatory e-invoicing by 2025
- PEPPOL standard adopted for consistent and secure document management
- Government transactions tied to public procurement must comply with EU Directive 2014/55/EU since April 2020
- State and local institutions compelled to accept electronic invoices meeting EU specifications
- Changes aim to streamline Latvia’s invoicing system and enhance efficiency in electronic transactions
- Businesses operating in Latvia should prepare for the transition to a more efficient and digitally advanced invoicing ecosystem.
Source: tpa-global.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"
- Finance Ministry Names Responsible Parties for Ensuring Reduced VAT Benefits Reach Consumers
- Latvia Parliament Amends Tax Administration Rules on Late Payment Interest
- Latvia to Raise VAT on Russian-Language Publications from 5% to 21%
- VAT Reduction for Bread, Milk, Eggs, and Poultry Planned from July 2026 to June 2027
- Latvian Parliament Considers Bill to Reduce VAT on Medicines and Medical Devices to 5%