28 June 2024
Latvia’s Ministry of Finance is proposing to introduce a mandatory electronic invoicing regime for business to business (B2B) and business to government (B2G) transactions, from 1 January 2026. A public consultation on the draft legislation has been launched.
Currently, Latvian public and government institutions must issue and accept electronic invoices. If the new regime is accepted, all VAT-registered companies will be required to issue electronic invoices when selling to other businesses and government departments.
Latvia joins several other EU countries, including France, Germany, Belgium, Poland, Ireland, and Spain, in announcing plans to introduce e-invoicing.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.