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Latvia Regulatory Updates May 2024

Hatice Ozcan

May 28, 2024

Latvia to introduce mandatory e-invoicing for B2B and B2G transactions from 2025

The Latvian Ministry of Finance released a draft law on May 27, 2024, mandating e-invoicing for B2B and B2G transactions, with phased implementation starting January 1, 2025.



  • January 1, 2025: E-invoicing required for B2G transactions (invoices issued to budget institutions).

  • January 1, 2026: E-invoicing extended to B2B transactions.


  • Latvian businesses must issue structured invoices in compliance with the European Standard for e-invoicing for recipients within Latvia.

  • Transmission methods for invoices will be regulated by the Cabinet of Ministers, with options including Peppol, agreements between parties, and a free email delivery option.

  • Invoice data must be transmitted to the tax authority, with further details to be provided by the Ministry of Finance.

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