Mandatory E-Invoicing in Latvia: Are You Ready for the 2026-2028 Transition?
The future of accounting in Latvia is digital. Following the latest amendments to the Law on Accounting (Grāmatvedības likums), the transition to structured electronic invoicing (e-invoicing) is becoming a legal necessity for all entities, including cooperative housing associations.
What’s Changing? The Timeline:
- 2025:January 1, 2025 (Active): E-invoices are mandatory for all transactions with government and municipal entities (B2G). If your coop bills a municipality, it must be XML.
- 2026:January 1, 2026: All data from these e-invoices must be transmitted to the State Revenue Service (VID) within 5 business days of issuance.
- 2028:January 1, 2028: Full B2B mandatory e-invoicing. Every transaction between companies in Latvia, including between coops and utility providers, must be a structured Peppol BIS Billing 3.0 XML file.
COOPhome: Future-Proof Today
While other platforms are just starting their updates, COOPhome is already 100% compliant. We built our modern stack with these regulations in mind, so you don’t have to worry about changing systems later.
Ready Today: Instantly generate compliant Peppol XML files for B2G.
Automated VID Reporting: Our architecture is pre-configured for the 2026 data transfer mandate.
Zero Migration Stress: Start using a system that will remain legal in 2028 and beyond.
Switching now isn't just about compliance; it's about eliminating manual entry and administrative overhead.