Electronic invoicing guide
Latvia
Digital reporting requirements
Post Audit
Obligatory
B2G: Mandatory
B2B: Voluntary
Authority
Ministry of Finance (policy maker) in collaboration with the State Revenue Service of the Republic of Latvia, State Treasury of Latvia and State Regional Development Agency of the Republic of Latvia (implementation and maintenance of technical solutions only in the CEF project area).
Platform
The eInvoicing solution is based on the existing Latvian national Secure Electronic Delivery Platform (eAddress).
eAddress is an environment for electronic communication and handling of documents for secure and reliable use between public entities and private individuals and its use by the public administration in Latvia is mandated by law.
The implementation of the CEF Project has enabled the development and deployment of the following components of the eInvoicing solution:
- eInvoicing integration in eAddress allowing for the secure transmission of eInvoices.
- eInvoicing section in www.latvija.gov.lv for preparation (manual completion of online form), display, submission (file upload in XML syntax) and receipt of eInvoices in eAddress.
- Public eInvoicing API library to ensure eInvoice transmission between different accounting systems. This will be demonstrated through Implementation of Public eInvoicing API library within ERP solution – Tildes Jumis.
- Connection with the Peppol network for the purpose of setting-up interoperability and connectivity between Latvia and other EU Member States. This Action used an existing Peppol Access Point AS4 profile by a Peppol service provider for setting up the Peppol gateway.
Format
Currently: European standard on eInvoicing (EN16931), including both syntaxes OASIS UBL 2.1 and UN/CEFACT CII.
Peppol BIS
Storage time
5 years (goods and services)
10 years (real-estate)
Reporting
This country does not require reporting.
Upcoming legislative changes
On 12 October 2021, the Cabinet of Ministers revised and approved the informative report published by the Ministry of Finance on implementing an e-invoicing system. The key novelty of this report is the introduction of mandatory e-invoicing in B2B and the mandatory use of Peppol for B2G segments starting in 2025.
The exchange of e-invoices will continue to follow the European Standard on e-invoicing. The Peppol e-delivery network will be adopted as a single standard for sending and receiving e-invoices.
Links of Interest
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