In Latvia, electronic invoicing is in a process of progressive implementation, mainly regulated by the Act on Amendments to the Accounting Act (24-TA-438), also known as Grāmatvedības likums in Latvian. This law establishes a clear framework for the digitalization of billing and will be implemented in two important phases.
Upcoming dates for electronic invoicing in Latvia:
• B2G (Business to Government) date: As of January 1, 2025, it will be mandatory for companies to send electronic invoices to the government, as well as transactions between the government and companies or governments to governments.
• B2B (Business to Business) Date: From January 1, 2026, all B2B transactions must be submitted electronically through the billing system.
Click here to consult the comparative table of the law on electronic invoices in the Baltic States.
Features of electronic invoicing in Latvia
Model: The electronic invoicing model in Latvia is centralized, with the Ministry of Finance as the responsible authority. Companies must send electronic invoice data to the State Revenue Service (SRS), using the state platform Epakalpojumi.lv, which connects to the central administration.
Report: Invoice data must be sent to the SRS - State Revenue Service, both for B2G as of 2025 and B2B as of 2026.
Exchange channel and technical specifications: although the technical specifications of the exchange channel have yet to be defined for B2B, it is expected that both EPakAlpojumi.lv and eAddress will guarantee interoperability, in parallel with Peppol.
Format: Peppol BIS Billing 3.0./EN 16931
Archived: 5 years.
