Regulatory updates - Latvia

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements for Latvia.
February 8 2024

Planned move toward e-invoicing and CTC obligations by December 2025

The Latvian Ministry of Finance unveiled a plan for implementing mandatory countrywide e-invoicing for businesses guided by the real-time reporting model.

October 22 2021

Latvia will introduce mandatory e-invoicing by 2025

The Latvian government have proposed the introduction of the e-invoicing mandate for B2B and B2G sectors as of 2025.

Country Specifications

E-Invoicing/CTC Model:

Post Audit

Mandatory Infrastructure:

N/A

Mandatory Format:

– Currently: No explicit requirements

– 2025: Peppol BIS

Mandatory for Issuing:

No explicit requirements

Mandatory for Receiving:

– B2G: All contracting authorities must be able to receive EN compatible formats

– B2B: Buyer’s consent required

eSignature:

Not Required

Archiving Period:

– 5 years (goods and services)

– 10 years (real-estate)

Archiving Abroad:

Allowed under conditions

Regulatory overview

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