E-invoicing in Latvia: what’s mandatory, and when
B2G e-invoicing is already mandatory; B2B is voluntary from 30 March 2026 and mandatory from 2028 — not 2026, as is often claimed. The real Latvian timeline, and how fakts already handles it.
Blog
Insights on invoicing, VAT, and running a business in Latvia.
Compliance ↗
Guide
Understanding Peppol BIS Billing 3.0
A practical walkthrough of the UBL 2.1 XML format Latvia uses for structured e-invoicing — EN 16931, the CustomizationID, and what each part actually means.
Tax
The €50,000 VAT threshold — and crossing it
Latvia’s €50,000 VAT registration limit, the calendar-year vs rolling-12-month nuance, how fakts warns you at €40k, and what to do if you’re approaching it.
Compliance
Invoice numbering in Latvia: what the law requires (and what fakts adds)
The law requires a unique sequential number per series — not strictly gapless numbering, despite the myth. What’s actually required, and why fakts keeps yours gapless anyway.
Guide
What is a Peppol access point?
The four-corner model explained: how your invoice travels from your system to your buyer’s, via access points and dynamic discovery, without a single email attachment.
Product
How fakts calculates VAT per line item
The math behind 21%, 12%, 5% and 0% — why the reverse charge isn’t a rate, how rounding stays correct, and how foreign currency converts at the ECB rate.
News
fakts is now free — forever
Unlimited invoices, Peppol XML and Latvian VAT compliance. No credit card, no trial period. Here’s what “free” includes — and why we made it free.
More articles coming soon
We're writing guides on Latvian invoicing, VAT returns, and running your business. Check back soon.