Latvia E-Invoicing

Currently local government institutions in Latvia are required to accept e-invoices in their public procurement process as per the specifications established by the European Union. However, the Latvian Finance Ministry is proposing a plan to introduce electronic invoicing as mandatory for both B2B and B2G transactions from 2025. At that stage the circulation of e-invoices will have to be made in accordance with the European Electronic Documents and e-Invoicing Network (PEPPOL) which allows both sending and receiving of e-invoices in a standard mode.