Latvia mandates electronic invoices for business transactions starting 2026

According to the recently adopted amendments to Latvian Accounting Law, as of 1 January 2026, Latvia plans to implement an obligation to use electronic invoices for transactions between Latvian companies. 

This requirement will not apply to businesses for transactions where payment is evidenced by a cashier's receipt or an invoice prepared and generated by the National Health Service's Management Information System or to transactions of national security institutions for which the documents are issued in the institution's electronic circulation system. 

As regards the method of sending electronic invoices, the amendments provide that “companies agree on the delivery channels for structured electronic invoices as defined by the Cabinet of Ministers”. The Cabinet of Ministers shall determine the procedure for circulating such invoices and issue them by 1 July 2025. 

In addition to the challenge of companies making the appropriate changes to their accounting systems in just six months, the law does not yet clarify the information content and structure of electronic invoices and the deadlines for their issue.