On 12 November 2024, the amendments to the Accounting Law were promulgated, confirming the introduction of the electronic invoicing obligation in the country.
The timelines remain the same as previously reported, i.e.:
- 1 January 2025 - B2G e-invoicing will be mandatory for resident companies in Latvia to the listed state budget entities and G2G and G2B invoices from budget entities.
Point nine in the amendment addresses a transition period until 1 January 2026 for submitting…