- Latvia launched a public consultation on draft e-invoicing regulation
- Regulation includes technical standards, transmission channels, and compliance timelines
- Taxpayers must submit e-invoices within five working days using approved formats
- Acceptable submission methods include electronic addresses, service platforms, and the Tax Agency’s system
- E-invoices must use XML format compliant with UBL and PEPPOL standards
- Mandatory e-invoicing for government transactions starts January 1, 2026
- Mandatory e-invoicing for B2B transactions starts January 1, 2028
- Voluntary B2B e-invoicing allowed from January 1, 2026
- Public comments open until June 23, 2025
- Regulation aligns with EU digital reporting standards once finalized
Source: globalvatcompliance.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.
