Latvia has proposed a new draft law to regulate the use of e-Invoicing, now available for public consultation. The legislation aims to streamline and standardize electronic invoicing processes, improving efficiency for businesses and the public sector. Key aspects include mandatory e-Invoicing for government transactions and data security and interoperability provisions.
Key Takeaways:
- Mandatory e-Invoicing for all government-related transactions.
- Enhanced data security and interoperability standards.
- Public consultation period for feedback and suggestions.
Stakeholders are encouraged to review the draft law and participate in public consultation to help shape the future of e-Invoicing in Latvia.
For more information, visit the Latvia Ministry of Finance website.
