5 years retention for goods/services invoices; 10 years for real estate invoices per Latvian Accounting Law (Grāmatvedības likums) ; Storage abroad permitted with online access.
N/A
B2G eInvoicing mandatory
1 April 2020
B2G
Public entities must accept EN-compliant invoices.
ViDA Package published in Official Journal
25 March 2025
EU Level
Member States can introduce mandatory e-invoicing under specific conditions; IOSS framework improvements.
B2G/G2B e-invoice data reporting to VID
1 January 2026
B2G
Structured e-invoice data for B2G and G2B transactions must be reported to State Revenue Service (VID) per amendments to Accounting Law (Grāmatvedības likums) .
ViDA: OSS/IOSS Clarifications
1 January 2027
EU Level
Minor legislative clarifications for One-Stop Shop (OSS) and Import One-Stop Shop (IOSS) schemes.
B2B e-invoicing mandatory
1 January 2028
B2B
Mandatory e-invoicing for all B2B transactions between Latvian-registered businesses per Accounting Law amendments .
ViDA: Platform Obligations & VAT Registration
1 July 2028
EU Level
Platform economy compliance, Single VAT Registration reforms, and mandatory reverse charge for non-identified suppliers.
ViDA: Cross-border B2B DRR
1 July 2030
Intra-EU
Digital Reporting Requirements affect cross-border B2B transactions.
ViDA: Domestic Alignment
1 January 2035
Domestic
Member States must align domestic digital real-time transaction reporting with EU standards.