Electronic invoicing

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E-invoicing in Latvia: what you need to know about upcoming changes?

On 31 October 2024 the Latvian parliament passed amendments to the Accounting Act requiring that invoices be issued as structured electronic invoices. E-invoicing will be mandatory for transactions between businesses and the public sector (B2G) from 1 January 2025. E-invoicing will also be mandatory between Latvian-registered businesses (B2B) from 1 January 2026.

To help companies prepare for the upcoming changes, we have created a short summary covering frequently asked questions about the mandatory use of e-invoices in Latvia:

Why is the e-invoicing mandate being introduced?
What will the e-invoicing requirements be?
Are there any exclusions from the e-invoicing mandate?
What are the channels for e-invoicing?
How will these changes affect businesses?
Next steps and how to prepare for the upcoming changes.

For a deeper understanding of the potential impact of these changes, we encourage you to read the brochure we have prepared on this topic.

Learn more

If you have any questions, please reach out to your regular PricewaterhouseCoopers SIA contact or the team listed in the attachment to learn more about how we can help you navigate these changes.