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.
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