VATupdate
Latvia

Share this post on

Latvia Considers Delaying Mandatory B2B e-Invoicing Implementation to 2027

  • Proposed Postponement of E-Invoicing Deadline: The Latvian Parliament is considering a proposal to delay the mandatory B2B e-invoicing implementation date from January 1, 2026, to January 1, 2027, allowing more time for preparations in the public and private sectors.
  • Reasons for Postponement: The proposal, submitted by the United List parliamentary group, addresses concerns raised by business associations and government stakeholders regarding challenges in the rollout of structured e-invoicing, such as unclear definitions, content requirements, technical readiness, and delays in issuing official specifications.
  • Legislative Process: The draft amendment will undergo the standard legislative process, including committee review and three readings in the Saeima. If approved, it will be published in the official gazette and take effect the day after publication

Source: sovos.com


Click on the logo to visit the website


Other sources

Draft Law in Latvia for Mandatory B2B Electronic Invoicing

  • Delay in B2B e-Invoicing Implementation: The Latvian Parliament has proposed delaying the mandatory B2B e-Invoicing implementation from January 1, 2026, to January 1, 2027, pending review by the Budget and Finance (Tax) Committee.
  • Reasons for Postponement: The delay is attributed to the government’s failure to issue timely regulations, the need for businesses and software providers to adapt their systems, and the urgency to revise VAT legislation for proper input tax deductions.
  • B2G Mandate Remains Unchanged: The B2G (Business-to-Government) e-Invoicing mandate is still set to take effect on January 1, 2025, while the B2B e-Invoicing mandate’s outcome will be confirmed following the committee’s review.

Source Edicom



 

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.

Sponsors:

VATIT Compliance
Pincvision
VAT news

Advertisements:

  • VATAi