E-invoicing compliance and regulatory updates - Latvia

Electronic Invoicing in Latvia

Is e-invoicing mandatory in Latvia ?

Structured electronic invoicing is mandatory for B2G transactions as of 1 January 2025. B2B e-invoicing will become mandatory from 1 January 2028, according to amendments to the Accounting Law.

Who is affected?

All public sector entities and their suppliers are affected by the B2G e-invoicing mandate. From 1 January 2028, all VAT-registered businesses engaging in B2B transactions will also be required to issue and receive structured electronic invoices.

Compliance requirements

Invoices must be issued in the structured electronic format Peppol BIS 3.0.

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Key Deadlines 

• 1 January 2025: Mandatory B2G e-invoicing began
• 1 January 2028: Mandatory B2B e-invoicing begins

Standards & Platforms

Platform

E-invoices can be transmitted via one of the following:

• The national e-address system (e-adrese)
• Certified PEPPOL Access Points
• Direct integration between trading partners’ systems, subject to mutual agreement

What formats are required in Latvia?

Invoices must be issued in a structured electronic format compliant with the European standard EN16931, using the PEPPOL BIS Billing 3.0 specification.  

Archiving in Latvia  

What are the archiving requirements in Latvia?

Invoices must be stored from the year they are received plus another 10 years. Storage abroad is allowed if online access is guaranteed.

For suppliers: A legal invoice is a structured XML e-invoice compliant with Latvian national and EU standards, including all necessary VAT invoice elements.

For buyers: A legal invoice is an e-invoice received in the required structured XML format, in the respective format as received.

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Key Actions  

• Prepare your business – Begin preparing to meet the B2B mandate requirements.
• Ensure compliance – Implement structured invoice systems using XML and PEPPOL BIS Billing 3.0.
• Archive properly – Archive invoices for 10 years, ensuring access and data integrity.

Latvian e-invoicing and archiving requirements at a glance:

Supplier requirement: Latvian suppliers must issue structured XML e-invoices compliant with national and EU standards. During the voluntary B2B phase, buyer consent may be required to send electronic invoices.

Buyer requirement: Latvian buyers must be able to receive structured XML e-invoices compliant with national and EU standards.

Archiving requirement: Invoices must be stored for 10 years. Storage abroad is allowed if online access is provided.