28 June 2024
Latvia’s Ministry of Finance is proposing to introduce a mandatory electronic invoicing regime for business to business (B2B) and business to government (B2G) transactions, from 1 January 2026. A public consultation on the draft legislation has been launched.
Currently, Latvian public and government institutions must issue and accept electronic invoices. If the new regime is accepted, all VAT-registered companies will be required to issue electronic invoices when selling to other businesses and government departments.
Latvia joins several other EU countries, including France, Germany, Belgium, Poland, Ireland, and Spain, in announcing plans to introduce e-invoicing.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Lithuania reveals plan to increase reduced VAT Rate...
In March 2025, Lithuanian Prime Minister Gintautas Paluckas announced that the government plans to increase the reduced VAT rate in the country from 9% to...
SEE MORE
LATEST NEWS
Slovakia to introduce non-resident import VAT...
From 1 January 2026, non-resident importers in Slovakia will be able to defer VAT on imports and report it in their VAT return. This new regime will remove...
SEE MORE
LATEST NEWS
European Public Prosecutor’s Office confirms €13bn...
The European Public Prosecutor’s Office (EPPO) recently released a report revealing that over half of the investigated EU budgetary losses up until December...
SEE MORE