Mandatory E-Invoicing in Latvia: New 2028 Deadline & What Businesses Need to Know Now

Latvian businesses, listen up! The mandatory e-invoicing deadline for B2B transactions has been officially postponed to January 1, 2028. While this extension provides valuable breathing room, it's a clear signal: now is the critical time to prepare your business for this inevitable shift.

‍On June 5, 2025, the Latvian Parliament (Saeima) adopted crucial amendments to the Accounting Law. These changes confirm that from January 1, 2028, all companies in Latvia will be required to settle mutual transactions exclusively via electronic invoices (e-invoices). This marks a two-year extension from the initially planned 2026 deadline.

Why the E-Invoicing Deadline Extension?

Addressing Latvia's Business ReadinessThe decision to postpone wasn't made lightly. The Ministry of Environmental Protection and Regional Development (VARAM) highlighted a significant concern: many Latvian companies are simply not yet adequately prepared for mandatory e-invoicing.

‍Key reasons for the extension include:

• Lack of Technical Infrastructure: Many businesses still need to develop or acquire the necessary systems to handle e-invoices efficiently.
• Insufficient Understanding: There's a clear need for greater clarity on how to integrate e-invoicing seamlessly into daily operations.
• Growing User Engagement, But Late Start: The increased activity on the national portal Latvija.gov.lv, where businesses access e-invoice forms, indicates that many are only now beginning to familiarize themselves with the process. This points to a general lack of widespread readiness.

Key Dates for E-Invoicing in Latvia: What's Already in Effect & What's Coming

To help you plan, here's a clear timeline of e-invoicing implementation in Latvia:

• From January 1, 2025: E-invoices are already mandatory for transactions with public sector institutions in Latvia. (This is a current requirement!)
• From January 1, 2026: For all other companies, using e-invoices will be optional. This is your ideal window to test and adapt!
• From January 1, 2028: E-invoicing becomes mandatory for all business-to-business (B2B) transactions across Latvia.

What Does the 2028 E-Invoicing Mandate Mean for Your Latvian Company?

The extended deadline isn't an excuse to delay, it's an opportunity. Now is genuinely the right time for your company to prepare. Proactive steps will not only ensure compliance but also offer significant business advantages:

• Review Internal Processes: Analyze your current invoicing workflows and identify areas for digitalization.
• Implement Necessary Tools: Research and adopt e-invoicing software and solutions that fit your business size and needs.
• Train Employees: Equip your team with the knowledge and skills to manage the new e-invoicing processes effectively.

Companies that embrace e-invoicing early will gain a clear competitive edge:

• Faster Settlements: Streamlined processes lead to quicker payments.
• Reduced Paperwork: Save time, money, and storage space by going digital.
• More Efficient Data Processing: Improve accuracy and reduce manual errors.
• Guaranteed Legal Compliance: Avoid potential penalties by being ready well in advance.

PaveNow: Your Strategic Partner for Seamless E-Invoicing in Latvia

Preparing for e-invoicing doesn't have to be complex. PaveNow is a modern, user-friendly solution designed to help Latvian businesses seamlessly implement e-invoicing. Our platform empowers you to:

• Automate invoice creation and delivery: Reduce manual effort and accelerate your billing cycle.
• Ensure compliance with structured e-invoicing standards: Stay ahead of regulatory requirements with confidence.
• Simplify invoice exchange with clients and partners: Foster smoother B2B relationships.

PaveNow is especially suitable for small and medium-sized enterprises (SMEs) in Latvia. We understand that SMEs often lack the resources for expensive IT systems but still need effective, timely preparation. Our solution provides that crucial support.

In Summary: Get Ready for Latvia's E-Invoicing Future

In essence, the postponement of mandatory e-invoicing for all Latvian companies until January 1, 2028, provides a crucial window, not for delay, but for strategic preparation. This extended deadline is your ideal opportunity to transition to e-invoicing without stress – allowing ample time to test solutions, refine your internal processes, and fully train your team. Embracing this change early, with the support of tools like PaveNow, will make your transition to electronic invoicing simple, efficient, and fully compliant, ensuring your Latvian business is well-positioned for the digital future. Don't wait until the last minute; start your e-invoicing journey now.